Stock market news

T-Bank

Bank of Russia registered the issue and prospectus of ordinary shares of the international public joint-stock company TCS Holding. Company is being established as part of the redomiciliation of TCS Group. Decision on state registration of the issue and prospectus of the company's shares will come into effect from the moment of registration of TCS Holding. So...

VTB Bank

VTB plans to open offices in Beijing and a number of other Chinese cities in the near future, VTB President and Chairman of the Management Board Andrei Kostin said. VTB is the only bank that has had a full-fledged branch in Shanghai for more than 15 years. In addition, the bank has a representative office in Beijing.

Nebius Group

Largest buyer of Yandex's Russian assets will be the company's management structure, which will receive a 35% stake in the closed mutual investment fund Consortium.First. Infinity Management of Alexander Chachava will receive 25%, Lukoil - 15%, Aiti.Razvitie of Pavel Prass - 15% and Meridian-Service of Alexander Ryazanov - 10%. ZPIF participants may not tran...

Henderson

Henderson's revenue in January 2024 amounted to ₽1.4 billion rubles, up 32.3% year-on-year. Operating results for January 2024 are expected to be disclosed by the company on February 25.

Rostelecom

Restream, owned by Rostelecom, and Protei, a developer of communications equipment, have established a joint venture, Protei-RTC LLC, in which Restream holds 51% and Protei has 49%. Partners expect that the establishment of the joint venture will speed up the development of the core of 5G mobile communications and start testing as early as 2025. Experts admi...

KAMAZ

Kamaz's RAS net profit for 2023 amounted to ₽12.7 billion, up 135.6% from ₽5.39 billion in the previous year. Revenue increased 33.2% to ₽354.71 billion against ₽266.32 billion a year earlier.

Gazprom

Iraqi authorities have decided to invite Gazprom to take part in the development of the Nasiriya oil field. Production at the field started back in 2009. Total oil reserves are estimated at 4 billion barrels. Development of En-Nasiriyah project envisages not only its development, but also the construction of a refinery.

Samolet Group of Companies

Volume of real estate sales by developer Samolet in January 2024 amounted to 103.1 thousand square meters, up 65% from 62.4 thousand square meters a year earlier. In monetary terms, sales grew by 87% to ₽20.55 billion. In the Moscow region, family mortgages accounted for about 50% of sales, preferential mortgages for new buildings - 36% and 6% - IT mortgages...

SPB Exchange

SPB Bank has agreed with certain friendly counterparties to unblock $15.78 million or ₽1.44 billion in client assets. Unblocked cash funds in US dollars, Hong Kong dollars, RMB and Tenge. Funds will be received in ruble equivalent and distributed among brokers in proportion to the liabilities to them. Further each broker will independently determine the orde...

MOEX Group (Moscow Exchange)

Moscow Exchange plans to allocate 50% of its IFRS net profit to dividends, said Anton Terentyev, Investor Relations Director. Resumption of payments is part of MosBirch's development strategy until 2028, the IR director noted. Strategies of trading floor also envisage growth of net profit to ₽65 billion and more.