Stock market news

QIWI

Qiwi Bank, deprived of its license and represented by the temporary administration, filed a lawsuit in the Moscow Arbitration Court demanding to invalidate the sale and purchase agreement for the shares of Qiwi JSC, as well as the pledge agreement and encumbrances in respect of these shares. Qiwi sold the Russian assets consolidated under Qiwi JSC, including...

Softline

Softline and Rosatom's IT integrator, JSC Grinatom Simple Solutions, signed a partnership agreement in the field of comprehensive import substitution. Softline will provide product sales, consulting, implementation and maintenance services for such Grinatom solutions as Atom.Port, a system of automated migration to domestic software, and Atom.RITA, a softwar...

United Aircraft Corporation

UAC has started developing the technical design of the IL-212 aircraft with the Pd-8 turbojet engine, which will replace the AN-26 and AN-72, Defense Minister Sergei Shoigu said. Prototype of the military transporter should be ready by the end of 2026.

Inter RAO

Inter RAO completed modernization of power unit No. 4 at Iriklinskaya TPP in the Orenburg Region. Comprehensive replacement of the steam turbine and generator was performed. Full-scale modernization of automated process control systems was performed. As a result of the work, the power unit capacity increased by 10% to 330 MW, specific fuel consumption was si...

Aeroflot

Aeroflot's IFRS loss for 2023 amounted to ₽14.02 billion, down 3.6 times from ₽50.37 billion in the previous year. Revenue increased 48.1% to ₽612.19 billion against ₽413.32 billion a year earlier.

Solidcore Resources

Polymetal completed the first tranche of exchange of 5,082,079 ordinary shares, representing 1.07% of shares outstanding. Shareholders can take the opportunity to exchange their shares held at NSD for new shares issued on AIX until September 30, 2024.

Crystal

In February 2024, Krystal became the owner of the William Scott trademark, which was previously part of the portfolio of alcohol distributor Status Group, according to the Rospatent data. In 2013, 28 thousand dal of the drink was sold under this brand and the brand entered the top 15 brands of the price segment "standard". But the project was closed due to t...

Rusagro

Rusagro Group expects that, following Tambov Bacon, its pork cluster in Primorsky Krai will also be certified to supply pork to China, said director for corporate development Alexander Tarasov. Answering the question about the marginality of pork supplies to China, he said that the Chinese market is a premium market - 10-20% premium to the price in Russia. T...

X5 Group

Prime Minister Mikhail Mishustin has signed a list of economically significant organizations. In the first version of the list, legal entities involved in the ownership structure of Alfa Bank, Alfa Insurance, the X5 and Azbuka Vkusa chains and the fertilizer producer Acron were included. ESO status allows their Russian beneficiaries to obtain direct ownershi...

Moscow City Telephone Network

MGTS' IFRS net profit for 2023 amounted to ₽18.56 billion, up 12.7% from ₽16.47 billion in the previous year. Revenue rose 2.3% to ₽43.6 billion against ₽42.64 billion a year earlier.