Stock market news

Sovcombank

Sovcombank set the offering price at ₽11.5 per share. Thus, the IPO was at the upper limit of the earlier price range of ₽10.5-11.5, and the entire bank is valued at ₽219 billion. Trading in the shares will begin on December 15 under the ticker SVCB.

Far-Eastern Shipping Company

Fesco has agreed with Uzbek Railways JSC and UzheldorContainer JSC to cooperate on the development of container transportation between Uzbekistan and Russia. Partners will work on new transit routes through Kyrgyzstan to China and through Turkmenistan to Turkey, African and Mediterranean countries using Fesco's intermodal services. In addition, a direct cont...

Ozon Holdings

Ozon will launch an online platform Vozi Ozon to search for freight transportation orders across Russia and the CIS. New service will work on the principle of Uber: Ozon places orders for transportation and indicates their starting price, and private drivers of heavy trucks and transportation companies offer their price - the winner is the partner who offere...

SPB Exchange

SPB Exchange plans to develop a derivatives market with settlements in rubles, sources told Kommersant. Trading platform has been developing this area since its foundation, but then reoriented to the foreign securities market, which has become virtually inaccessible for it. Experts believe that the chances of success of the new project are slim, as the margi...

Genetico

Genetico's RAS loss for 9 months of 2023 amounted to ₽18.29 million, down 3.2 times from ₽58.84 million in the previous year. Revenue increased 22.3% to ₽250.32 million against ₽204.63 million a year earlier.

Aeroflot

Aeroflot Group in November 2023 carried 3.6 million passengers, up 24.8% from 2.89 million passengers a year earlier. Passenger turnover increased by 38.3% to 9.812 billion pkm. Seat occupancy increased by 3.8 p.p. to 87.5%.

European Eltech

Shareholders of European Eltech approved dividends for 9 months 2023 in the amount of ₽0.43 per ordinary share. The last day of purchase of securities to receive dividends is December 15, 2023. Dividend yield may amount to 3.37%. Shareholders' meeting also approved a resolution for the company to acquire up to 10% of the shares for further redemption.

Rusagro

Arbitration Court of Belgorod Region has seized 77.5% of LLC GK Agro-Belogorie owned by Vladimir Zotov and Larisa Kovaleva. Seizure was imposed as an interim measure under RusAgro's lawsuit against Kovaleva and Zotov for the obligation to conclude an agreement on the establishment of a legal entity and an agreement on the exercise of the rights of participan...

Sistema

Sistema's IFRS OIBDA for 9 months of 2023 amounted to ₽232.5 billion, down 3% from ₽239.8 billion in the previous year. Revenue increased 14.9% to ₽747.6 billion against ₽650.6 billion a year earlier.

United Wagon Company RPC

Trust Bank sold 93.6% of UWC shares to a specialized investor, whose name is not disclosed due to the strategic importance of the transaction. Rights of claim on loans were also transferred from the bank to the buyer. Earlier, Vgudok sources said that UWC would be sold to Andrei Bokarev's structures - UGMK or TMH - for about ₽12 billion, excluding debt restr...