Stock market news

SFI

SFI is considering various options regarding the reduction of the quasi-treasury stake. The priority is to redeem it. Two other options are to sell it to the market or pay to buy some asset. Size of the quasi-treasury stake is more than 57%. It is almost impossible to sell such volume to the market. It is also impossible to redeem it at one time, because of...

UTair Aviation

UTair and Irkutsk Oil Company signed agreements on charter and scheduled transportation on the Irkutsk-Ust-Kut-Irkutsk route. During the period of cooperation UTair will carry more than 75,000 employees of Irkutsk Oil Company and residents of the region. Airline has also signed a cooperation agreement with the Irkutsk regional government, which provides for...

Nizhnekamskneftekhim

Nizhnekamskneftekhim started modernization of the mechanical plant producing components for the enterprise's process equipment. Plant is equipped with 970 machine tools. Most of the old-style machine tools will be dismantled. They will be replaced by 214 machines and benches of the latest generation with a high degree of automation. Investment will amount to...

Phosagro

Fertilizer producer Phosagro will sell seeds. Company aims to offer farmers a comprehensive solution: seeds, mineral nutrition systems for a specific crop type, preparations for plant protection against weeds and diseases, as well as a range of services: from agrochemical soil survey to digital agro-support and leaf diagnostics for correcting the course of v...

Sberbank

Sberbank intends to increase fee and commission income by 10% next year. Net interest margin is expected to be 5.7%. Ratio of operating expenses to income is 30-32%. Cost of risk - 100-110 basis points.

MOEX Group (Moscow Exchange)

Moscow Exchange floated a new issue of digital financial assets, the issuer of which was Rostelecom. Earlier, the trading platform conducted pilot issues of DFA organized by Gazprombank. New strategy for the development of Moscow Exchange until 2028 envisages special attention to the attraction of financing by companies in the capital markets through DFA, in...

Sberbank

Sberbank intends to develop a personal financial assistant based on artificial intelligence. Quality of his work and the level of personification will be comparable with the help of personal managers who work with premium clients.

Sberbank

Sberbank's development strategy until 2026 envisages an increase in dividends to 50% of IFRS profit. Return on equity should remain above 22%, and capital adequacy is planned to be maintained at a level above 13% or more.

Rostelecom

Operator Rostelecom and Avtodor agreed to build cell towers along federal highways across the country to provide mobile services and high-speed LTE data transmission. In construction of antenna and mast structures in the highway right-of-way will participate the tower company of cellular operator Tele2 Pilar. Priority will be given to providing communication...

Sberbank

Sberbank has opened access for individuals to a platform of digital financial assets, said Deputy Chairman of the Bank's Management Board Anatoly Popov to journalists on the sidelines of the Investor Day. Testing is still underway on a limited group of users. In the future, DFAs will become an additional way of placing funds available to all retail clients o...