Stock market news

RUSAL

Rusal's shareholders' meeting did not support Sual Partners' proposal to terminate the powers of the board of directors ahead of schedule and not to elect an independent candidate to the board. In November 2023, Sual Partners proposed to elect an additional independent director to improve the quality of corporate governance in the company, which the sharehol...

Sberbank

Sberbank has made it possible for all individuals to register on the digital financial assets platform. It will be possible to buy assets after obtaining qualified investor status. At the end of 2023, the bank began issuing digital financial assets linked to the average value of residential real estate in Moscow. In the first month after the launch of these...

Nebius Group

IT-company Yandex has registered a Fund of Managers in the ATS as part of preparations for restructuring, it follows from the data of the Unified State Register of Legal Entities. Founder and head of the new legal entity in the documents are not disclosed, but the address and legal form coincide with the Public Interest Fund. Fund was established by Yandex N...

United Aircraft Corporation

UAC will present a modernized IL-76MD-90A transport aircraft at the World Defense Show 2024 international exhibition in the Saudi capital. Aircraft is attracting great interest in the Persian Gulf countries and the Middle East in general. Rostec State Corporation's stand will also feature UAC products, in particular, Su-75 Checkmate and MiG-35 aircraft.

Sistema

Government of Vologda Region terminates the cooperation agreement with Cosmos Hotel Group unilaterally due to the lack of work on the project realization by the company, a source in the regional government told Vedomosti. Agreement provides for the construction of a large recreational complex near the existing Grandfather Frost's Cottage in Veliky Ustyug in...

Severstal

Board of Directors of Severstal recommended that dividends be paid for 2023 in the amount of ₽191.51 per ordinary share. The last day of the purchase of securities to receive dividends is June 17, 2024. Dividend yield may amount to 11.28%.

Severstal

Severstal's IFRS net profit for 2023 amounted to ₽193.88 billion, up 78.9% from ₽108.36 billion in the previous year. Revenue rose 6.8% to ₽728.31 billion against ₽682.23 billion a year earlier.

Severstal

Severstal in 2023 produced 11.273 million tons of steel, up 5% from 10.692 million tons a year earlier. Pig iron production increased by 3% to 11.301 million tons. Sales of steel products fell 2% to 10.733 million tons. Share of high value-added products increased by 5 p.p. to 49%.

Samolet Group of Companies

Samolet's 2023 management accounts net profit for 2023 amounted to ₽34.3 billion, up 22.5% from ₽28 billion in the previous year. Revenue rose 52.6% to ₽297.4 billion against ₽194.9 billion a year earlier.

Magnit

Retailer Magnit opened the first test order pickup point of the Magnit Marketplace in one of its stores in Kazan. In February, Magnit plans to open in its stores at home, supermarkets and superstores in Kazan 16 test order pickup point in various configurations to test several hypotheses and choose the best. Customers' orders will be delivered to Magnit stor...