Stock market news

Mobile TeleSystems

MTS-owned Irtea will start producing its own 5G and 4G base stations by the end of 2024. Investments in production until 2027 will exceed ₽4 billion. Capacity of the factory will allow to produce from 10,000 to 20,000 base stations annually. This year, the company plans to produce about 1,000 stations. Project will be implemented jointly with partners. Their...

Inter RAO

Ministries of Energy of Russia and Kazakhstan signed an intergovernmental agreement on construction of coal-fired CHPPs in three regional centers of the republic. Inter RAO - Export and Samruk-Energo have been designated as authorized companies. Agreement relates to cooperation in construction of CHPP with capacity of 240 MW in Kokshetau, CHPP with capacity...

Alrosa

Alrosa will hold an online auction of rare investment-grade diamonds on April 23-25. Main lots will be 15 exceptional pink-purple diamonds that have been mined and cut in Russia over the past six years. Starting price of the most expensive pink diamond weighing 3.01 carats is estimated at $831 thousand. In addition, auction will be held offered an exceptiona...

Mobile TeleSystems

MTS admits the possibility of IPO of its new company, which is being formed on the basis of media assets, next year, MTS President Vyacheslav Nikolaev told Vedomosti. Media holding will include MTS Entertainment, which deals with concert venues, production and ticket sales for mass events, Kion video service, Stroki digital book service, MTS Music streaming...

Pre-IPO

SaaS platform for catering establishments Smartofood has opened a round of investment attraction. Smartofood provides establishments with a ready-made delivery and takeaway website, a mobile application, QR menu with the ability to order at the table, etc. In just 2.5 years, more than 450 restaurants have joined Smartofood, and their turnover on the platform...

Magnit

Retailer Magnit plans to increase the number of hard discounters First Choice several times this year. Most of the new stores will appear in Moscow and the Moscow region. In other regions about 100 outlets will be opened. As a result, by the end of 2024 the network will increase from 70 stores to at least 300 outlets.

Mosgorlombard

MGKL launched its store on Ozon under the Resale Market brand. Company seeks to deepen relations with all major marketplaces, which will significantly increase sales volumes and make interaction with customers as convenient as possible. By the end of May 2024, the company plans to launch stores on other popular marketplaces and online platforms. Development...

X5 Group

X5 Retail Group is unlikely to pay dividends until the end of 2024, said Maria Yazeva, Head of Investor Relations. At the same time, she made it clear that the funds accumulated by the company during the suspension of dividend payments will be distributed in favor of shareholders one way or another. Matter may concern both the payment of dividends and the pu...

Astra

Price of placement of Astra shares within the SPO will not be less than ₽550 per paper. At the same time, it is not expected to exceed the closing price of the last trading day of the order book - April 18. Major shareholder Denis Frolov intends to sell 10.5-21 million shares during the SPO, which is 5-10% of the company's authorized capital. At the moment t...

UralSib Bank

Uralsib Bank's IFRS net profit for 2023 amounted to ₽8.175 billion, up 17.3% from ₽6.97 billion in the previous year. Net interest income rose 41.7% to ₽33.33 billion versus ₽23.529 billion a year earlier.