Stock market news

Nebius Group

IT company Yandex has introduced a new generation of neural networks. YaGPT 3 is available in two versions - YandexGPT 3 Pro, which will be useful for solving business problems and is already available via Yandex Cloud, and YandexGPT 3 for a wider audience. Third generation answers queries better than the second generation 67% of the time. Quality of respons...

Rosneft Oil Company

Rosneft's Kuibyshev refinery was forced to shut down both primary refining units after a fire, halting production completely, sources told Reuters. Drone damage to the AVT-5 primary unit, with a capacity of 9,500 tons per day, halted operations. However, the refinery was then forced to shut down a second primary refining unit, the 10,500 tons per day AVT-4,...

Sistema

Number of hotel bookings in Cosmos Hotel Group chain in Russia since early spring 2024 increased 1.5 times and exceeded last year's figures by 20%. Demand growth for family rooms amounted to 40% year-on-year, for premium room categories - 10%. Number of bookings at hotels with health programs for adults and children increased by more than 25%.

Rostelecom

Government plans to purchase 1.1 million Aurora OS-based tablets for teachers, doctors, emergency services and police officers in 2025-2030, sources told Forbes. For the purchase of the gadgets, almost ₽50 billion will be allocated, and this amount includes the cost of their maintenance.

Ozon Holdings

Sales volume of sellers on Ozon in Russia in 2023 increased 2.5 times. Number of sellers increased almost 2-fold. Most notable growth was recorded in the Republic of Kalmykia - 5.7 times, and the number of sellers from the Chechen Republic grew 3.9 times. More than twice the number of entrepreneurs in 33 regions increased. However, entrepreneurs from Moscow...

Inter RAO

Inter RAO completed the acquisition of Ural Turbine Plant. Enterprise specializes in the production of steam turbines, their modernization and service, as well as service of gas turbines. According to Kommersant, the deal could have been worth about ₽10 bln.

Saratov oil refinery plant

Saratov Refinery's RAS net profit for 2023 amounted to ₽600.07 million, down 38.5% from ₽976.23 million in the previous year. Revenue increased 16.5% to ₽12.698 billion against ₽10.902 billion a year earlier.

X5 Group

X5 Group opened a distribution center of the Pyatyorochka retail chain in the Sverdlovsk region. Distribution center Yekaterinburg South with an area of 59,000 sq. m. includes 6 storage zones: dry and alcoholic warehouses, zones for fresh, frozen, confectionery products, as well as fruits and vegetables. Capacity of the distribution center allows to ship up...

Magnitogorsk Iron and Steel Works

MMK launched production of import-substituting fasteners and wire. Investments in the project amounted to ₽1.5 billion. At the same time, ₽500 million was provided to the enterprise by the Industrial Development Fund in the form of a soft loan for the purchase of equipment. Production volume of reinforcing, galvanized and welding wire will be more than 105,0...

T-Bank

Bank of Russia has included Tinkoff Bank in the register of operators of information systems for the issuance of digital financial assets. Prior to that, the register included 10 operators of information systems for issuing digital financial assets, including the Atomize platform, whose investors include Vladimir Potanin's Interros Group, a beneficiary of Ti...