Stock market news

VK

Authorities have approved the buyout of Michael Calvey's Russian business Baring Vostok by Vostok Investments, a company created by Baring Vostok's Russian team. Permission for the Ozon deal was granted to the buyers with a special condition - to resell the asset to a non-sanctioned Russian structure. This structure may turn out to be a joint venture between...

Detsky Mir

Detsky Mir shareholders at an extraordinary meeting on February 14 decided to liquidate the public company. Retailer in 2022 launched a transformation process into a private business, which was completed in September 2023. As part of the transformation, investors were offered to sell their shares at ₽71.5 a share or exchange them for shares in a non-public c...

Crystal

Kristall has changed the period for collecting applications for participation in the IPO. Applications will be accepted until February 21, and on the next day the final offering price will be determined. On the same day, trading in the shares will begin. Pricing range of IPO was set at ₽8-9.5 per share, which corresponds to the company's market capitalizatio...

IMCB

Moscow Exchange will suspend trades in IMCB shares from tomorrow. It is planned to resume trades on February 22. Reasons for the suspension exchange does not name.

European Eltech

European Electrotechnics redeemed 58.187 mln common shares, which is 9.5% of the authorized capital. Securities were acquired in the course of the buyback. After their redemption, the share of the free float will increase to almost 10% and the dividend per share will also increase.

EL5-Energo

Electricity generation by EL5-Energo for 2023 amounted to 22.17 bln kW⋅h, up 2.3% year-on-year. Useful electricity output increased by 2.5% and amounted to 21.04 billion kW⋅h. Heat supply decreased by 4.3% to 3.881 mln Gcal.

T-Bank

TCS Group changed its logo to a minimalistic letter T on a yellow background instead of the usual coat-of-arms style logo. "We are moving towards simplicity, ease and accessibility in our identity, simplifying visual communications, this is an evolutionary development of the brand," the company's press service noted.

Fix Price Group

Fix Price chain increased its online sales by 18% year-on-year in 2023. Sales through its own web display and mobile application grew by 37%. In total, including partner deliveries via Market.Deliver, Yandex.Market, Yandex.Food and Sbermarket and Fix Price's own online services, customers made in Fix Price more than 1.2 million online orders. Average check a...

Nebius Group

Yandex's Search and Portal business line revenue totaled ₽337.51 billion in 2023, up 49%. Revenues from the E-Commerce, Ridech and Delivery business line grew 61% to ₽420.75 billion. Subscription Plus and entertainment services brought in ₽66.899 billion, up 2.1 times year-on-year. Ads services revenue doubled to ₽24.174 billion, up 2-fold. Other business un...

Territorial Generating Company № 14

TGC-14's RAS net profit for 2023 amounted to ₽1.532 billion, up 2.3 times from ₽0.672 billion in the previous year. Revenue increased 18.1% to ₽16.834 billion against ₽14.257 billion a year earlier.