Stock market news

Sovcombank

Sovcombank has agreed to change the terms of the purchase of Home Bank. Additional issue shares will pay 90% of the value of the credit organization, the rest will be paid in cash. For this purpose, the bank will issue 1.9 billion shares at a price of ₽17.44 per paper. Changing the structure of the transaction will allow the capital and net income of both ba...

Samaraenergo

Samaraenergo shareholders approved dividends for 2023 in the amount of ₽0.234 per common and preferred share. Last day to purchase securities to receive the dividend is June 17, 2024. Dividend yield on the common stock could be 6.18, preferred - 5.78%.

Sistema

Medsi clinic chain is fully ready for IPO may go public as early as 2024, said Vladimir Evtushenkov, the founder of Sistema JSFC. He also stressed that there are enough candidates for IPO: "MTS Artificial Intelligence Center", MTS Travel and many other companies can claim to be IPO candidates by their profitability. "All this, let's say, will be determined b...

LUKOIL

Lukoil Oil Company has completed compressor repairs and launched a catalytic cracking unit at the Nizhny Novgorod Refinery, Russian Deputy Prime Minister Alexander Novak said at SPIEF. Unit operation was temporarily halted in January. According to Rostekhnadzor, the reason for the unit's decommissioning was a faulty compressor part.

Element

Element Group of Companies and LETI University of St. Petersburg are establishing a joint venture to develop power electronics and photonic integrated circuits. Series production of the developments will be launched at the facilities of Element's new enterprise in Zelenograd. New enterprise already has its first major customer - Transmashholding, the largest...

VK

Audience of the Russian RuStore app store has approached 40 million users per month, VK head Vladimir Kirienko told SPIEF. In October 2023, the monthly audience was 22.5 million people.

MOEX Group (Moscow Exchange)

Finuservices, a financial marketplace of the Moscow Exchange, is planning to launch the possibility of online purchase of mutual funds on its platform at the end of June, Igor Alutin, Managing Director of Finuservices, said on the sidelines of SPIEF 2024. Marketplace is also negotiating with a number of large companies to place closed bond issues for their e...

Segezha Group

Segezha Group has decided on the approximate parameters of bank debt restructuring, but is not ready to name a specific scheme yet due to the lack of a final decision, Segezha President Mikhail Shamolin said in an interview with Interfax. It is planned to solve the debt problem by the end of 2024. In addition, closer to the third quarter it will become clear...

EN+ Group

En+ Group signed an agreement with the Irkutsk Region to build three power units with a total capacity of 690 MW in the region. Investments in the construction of the new coal-fired generation facility are estimated at ₽331 billion.

Cherkizovo Group

Authorities of the Chelyabinsk Region and Cherkizovo Group have agreed to modernize the company's poultry farms. Poultry meat production is planned to increase by 10.19% by the level of 2023, i.e. up to 80 thousand tons in 2025. Total investments will amount to ₽7.1 billion, of which ₽1.2 billion will be allocated for the construction of treatment facilities...