Stock market news

Gazprom

Gazprom Holding has stopped working on a project to create a gas hub in Turkey, told Bloomberg's sources. Project is actually frozen. Discussions about it have ceased both inside Gazprom and at meetings between the company's managers and officials, the sources said.

INGRAD

Developer Ingrad changes its ticker symbol on the Moscow Exchange. From June 19, the company's securities will be traded under the ticker KFBA instead of INGR.

Rosseti Moscow Region

Board of Directors of Rosseti Moscow Region recommended that dividends be paid for 2024 in the amount of ₽0.15054 per ordinary share. The last day of the purchase of securities to receive dividends is July 7, 2025. Dividend yield may amount to 12.07%.

Mobile TeleSystems

MTS Link plans to occupy 25% of the Belarusian corporate communications market within 3 years. Company estimates the market at 155 thousand legal entities and 235 thousand individual entrepreneurs, and its capacity is about 390 thousand users with different types of corporate communications channels.

Pharmsynthesis

Board of Directors of Pharmsintez proposed to issue 1.1 billion additional ordinary shares of the company. Shareholders' meeting on this issue will be held on June 30, 2025.

Magnit

Retailer Magnit will launch an ultra-convenience format of stores under the brand Charge from Magnit. Features of the new format will be a small sales area (average 100 square meters. m) and point selected unique assortment of 2.2 thousand SKU, including the most popular products with a focus on ready meals and snack solutions. Share of ready-to-eat food in...

Far-Eastern Shipping Company

Fesco Transportation Group acquired CITI Group JSC, which owns the real estate facilities of KMRP on the right of long-term lease, as well as the company-operator of this marine terminal - Port Infrastructure Management Company LLC. Capacity of the marine terminal is 2.2 million tons per year. It is also capable of handling all types of frozen products up to...

Ufaorgsintez

Board of Directors of Ufaorgsintez recommended that dividends be paid for 2024 in the amount of ₽0.1 per preferred share. The last day of the purchase of securities to receive dividends is July 11, 2025. Dividend yield may amount to 0.14%. Ordinary shares - not payable.

Mobile TeleSystems

MTS signed a contract for the construction and maintenance of an LTE/5G-Ready network for Sochi Airport. Network will guarantee coverage of the runways, apron and internal premises of the airport terminal. Commercial launch of the project is scheduled for the third quarter of 2025. Most airports now use public access LTE networks. pLTE/5G-Ready will be Russi...

Element

Element Group started developing its own modules of radio signal amplifiers and power supplies for communication base stations. Project is implemented by MIPT-Telecom, and testing is being conducted at the Center for Collective Design, opened in 2024 in cooperation with TSU.