Stock market news

OGK-2

OGK-2's power plants for 9 months of 2024 generated 42.4 billion kW⋅h, which is 10.1% higher than a year earlier. Change in production volumes was due to increased demand for generating equipment. Heat supply amounted to 3.694 million Gcal, having increased by 5%. Main reason for the increase was the growth of heat consumption from Kirishskaya GRES and Surgu...

PIK-specialized developer

PIK has sold to Krasnodar company Dogma two sites in Moscow, on which in total more than 200 thousand square meters of housing could be built. Deal could have amounted to ₽12-13 billion.

T-Bank

Board of Directors of TCS Holding proposed to shareholders to change the company's name to T-Technologies. Shareholders will consider this issue at the Extraordinary General Meeting on November 14.

X5 Group

X5 Group's net retail revenue the 9 months of 2024 amounted to ₽2.8 trillion, up 25% from ₽2.24 trillion in the previous year. Average check increased 11.5% to ₽528.2. LFL sales increased 14.5%, traffic increased 2.6%, and average check increased 11.5%. Digital business revenue grew 69.5% to ₽138.66 billion.

Genetico

Genetico shareholders have approved an additional ₽240 million to repay a bond issue. Securities will be purchased by the parent Artgen Biotech.

Territorial Generating Company № 2

Gazprom Energoholding entered into a trust management agreement for the state's stake in TGK-2, obtaining control over 83.42% of the energy company. Contract is concluded until June 30, 2025 and does not provide for remuneration and reimbursement of expenses incurred to the manager. Also, by the end of April 2025, Gazprom Energoholding must submit to the gov...

Neftekamsk Automobile Plant

Neftekamsk Automobile Plant's RAS loss for 9 months of 2024 amounted to ₽121.54 million against a profit of ₽189.9 million in the previous year. Revenue increased 29% to ₽31.38 billion against ₽24.32 billion a year earlier.

Avangard Bank

Board of Directors of Avangard Bank recommended that dividends be paid for 9 months 2024 in the amount of ₽68.16 per ordinary share. The last day of the purchase of securities to receive dividends is November 29, 2024. Dividend yield may amount to 8.92%.

Pre-IPO

Collaboration service Flip has closed its ₽16.5 million investment round ahead of schedule. Flip will use the money raised for team strengthening, marketing, and infrastructure expenses. Startup's team will report to investors on progress every quarter.

MOEX Group (Moscow Exchange)

Moscow Exchange will start trading platinum/Russian ruble (PLT/RUB) and palladium/Russian ruble (PLD/RUB) pairs from October 21. Trading will be carried out with TOD and TOM settlements, as well as swap transactions will be available.