Stock market news

Mechel

Mechel's coal production in 2023 amounted to 10.365 million tons, down 8% year-on-year. Iron and steel production decreased by 2% to 3.164 million tons and 3.489 million tons, respectively. Sales of long products declined 7% to 2.398 million tons, while flat products sales fell 7% to 373,000 tons. Sales of coking coal concentrate decreased by 21% to 3.117 mi...

European Eltech

European Electrotechnics' RAS net profit for 2023 amounted to ₽1.203 billion, up 3 times from ₽0.319 billion in the previous year. Revenue decreased by 4% to ₽1.45 billion vs. ₽1.51 billion a year earlier.

Samolet Group of Companies

Samolet developer entered the market of construction software for developers with its own product Samolet 10D. Solution is designed to manage and automate the entire construction cycle and covers any needs in construction - from design to apartment delivery. Performance of Samolet itself after its implementation increased by 57%, the cost of construction dec...

Ozon Holdings

Ozon wants to expand its assortment in the Fashion category. For this purpose, the company intends in this year to increase the number of sellers of fashion goods by 1.5 times. Last year, the turnover of the Fashion category on Ozon grew 2.5 times. Clothes, shoes and accessories on Ozon are sold by more than 180 thousand entrepreneurs and brands. Number of b...

Phosagro

PhosAgro in 2023 increased supplies to the domestic market by 12% to 3.3 million tons. Over the past five years, the Company has invested over ₽4 billion in the development of its distribution network. During this time, the number of distribution centers increased from 19 to 34, and the total capacity of logistics complexes exceeded 850,000 tonnes.

QIWI

The Central Bank has revoked the banking license of Qiwi Bank. The credit organization ranked 89th in the banking system in terms of assets. The reason was violations of federal laws regulating banking activities and systematic violations of anti-money laundering legislation, the Central Bank said in a statement.

MOEX Group (Moscow Exchange)

Moscow Exchange will develop a technical solution for distribution of orders for purchase of shares by investors during IPO. This was announced by Natalia Loginova, Director of the Department for work with issuers of Moscow Exchange, adding that "sometimes problems in allocation on previous transactions arose due to technical overlaps. We want to help the ma...

MOEX Group (Moscow Exchange)

Moscow Exchange is currently preparing seven or eight IPOs. This was reported to journalists by Natalia Loginova, Director of the Moscow Exchange's Issuer Relations Department. The exact timing of placements depends on market conditions. Earlier, Managing Director of the trading floor Vladimir Krekoten said that in 2024, about 20 companies may conduct primar...

Transneft

"Transneft" reported the completion of the split of shares, as a result of which one share with a par value of 1 ruble was converted into 100 shares of the same category with a par value of 0.01 rubles (1 kopeck) each. Trading in Transneft preferred shares will be resumed on February 21.

Solidcore Resources

Moscow Exchange will transfer Polymetal's shares from the first to the third listing level from February 22, the trading floor said in a press release. The basis for the transfer of securities: "The occurrence of other material events that may affect the trading of securities on the Exchange (disclosure by the issuer of information on the planned sale of the...