Stock market news

Severstal

Severstal installed new equipment for hot-rolled strip winding in thicknesses from 1.2 to 16 mm and coil tying machines at CherMK Mill 2000. Mill 2000 is one of the key units in the process chain, as it produces about 65% of CherMK's output. Re-equipment project worth about ₽4 billion is important both from the point of view of improving product quality and...

LUKOIL

Lukoil oil company expects to restore broken equipment at the Nizhny Novgorod refinery within one or two months, Deputy Prime Minister Alexander Novak said. In January 2024, the emergency automatic protection system was triggered at the catalytic cracking unit. As a result, the technological process was stopped. Cause of the system activation was a mechanica...

Svetofor Group

Svetofor Driving School's RAS net profit for 2023 amounted to ₽49.45 million, up 92.9% from ₽25.64 million in the previous year. Revenue increased 48.6% to ₽461.74 million against ₽310.69 million a year earlier.

Korshynov Mining Plant

Korshunovsky GOK's RAS loss for 2023 amounted to ₽5.086 billion, up 45 times from ₽0.113 billion in the previous year. Revenue fell 29.5% to ₽7.864 billion against ₽11.153 billion a year earlier.

MMC Norilsk Nickel

About a third of Norilsk Nickel's sales still come from America and Europe. However, the largest sales market is China, which accounts for more than half of sales. At the same time, some products are sold at a discount, but not always, said Anton Berlin, Vice President and Head of the Sales and Commerce Unit. In addition, some buyers voluntarily refuse to us...

Etalon Group

Etalon will open sales in the new flagship premium-class residential complex "LDM" in St. Petersburg on April 1. Project consists of seven buildings of variable storeys from 3 to 9 floors with two-level underground parking. In addition to apartments of classical layouts, the project includes three-level city-villas with separate entrances and terraces. Expec...

Acron

Acron Group in Q1 bought from partner banks a 30% stake in Verkhnekamsk Potash Company, the operator of the Talitsky project ГОК‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍ As a result, Acron's stake in the project increased to 80%. Prior to the deal, the company owned 50% + 1 share, while Sberbank held another 29.9%, VTB 10% and Otkritie 10.1%. Acron did not disclose the transacti...

Alrosa

Alrosa, together with Alfa-Bank, launched digital financial assets linked to sales of large investment-grade rare diamonds with guaranteed currency returns. New instrument was named Digital Carats. Average expected returns on a horizon of up to one year will be up to 8%. Underlying asset in the first Digital Carats product was a unique yellow fancy-shaped Cu...

Acron

Akron's IFRS net profit for 2023 amounted to ₽36.87 billion, down 2.6 times from ₽91.03 billion in the previous year. Revenue fell 30.2% to ₽179.46 billion against ₽257.2 billion a year earlier.

Far-Eastern Shipping Company

Rosatom does not plan to make an offer to Fesco minority shareholders, the transferred stake suits the state corporation, said Alexei Likhachev, head of Rosatom, but did not rule out the purchase of securities from those minority shareholders who want to sell them. "We don't see the point of buying the shares that the shareholders who have them have left, an...