Stock market news

Rusagro

Rusagro's IFRS net profit for 2023 amounted to ₽48.707 billion, up 7.2 times from ₽6.787 billion in the previous year. Revenue rose 15.4% to ₽277.33 billion against ₽240.23 billion a year earlier.

Federal Grid Company - Rosseti

Federal Antimonopoly Service (FAS) proposes to allow the debts of bankrupt guaranteed energy suppliers to be included in the grid tariffs of Russian Grids. Company officials support the idea, estimating the amount of accumulated debts at ₽20 bln.

Gazprom

Gazprom Holding has put up for auction three companies developing fields in the North Sea. The auction started on March 1, and bids will be accepted until May 31. Auctions will be held on June 6. Prospective buyers may be both European oil and gas companies and British government structures.

VTB Bank

VTB's RAS net profit for 2023 amounted to ₽223.39 billion, against a loss of ₽756.77 billion in the previous year. Net interest income rose 94.8% to ₽529.02 billion against ₽271.55 billion a year earlier. Commission income rose 17% to ₽183.9 billion.

Nizhnekamskshina

Nizhnekamskshina's RAS net profit for 2023 amounted to ₽233.31 million, down 4 times from ₽953.14 million in the previous year. Revenue increased 15.8% to ₽11.105 billion against ₽9.588 billion a year earlier.

Mosenergo

Mosenergo's RAS net profit for 2023 amounted to ₽19.26 billion, down 7% from ₽20.72 billion in the previous year. Revenue increased 8.9% to ₽247.15 billion against ₽226.95 billion a year earlier.

Segezha Group

Segezha Group opened a new accelerated railroad container route for plywood delivery to China. At the end of February, 70 containers with birch plywood formed directly on the railroad tracks of the Galich Plywood Mill departed from Galich station of the Northern Railway to Taicang and Qingdao. Such approach reduces the cost of transportation, increases the s...

Unipro

Unipro's RAS net profit for 2023 amounted to ₽21.48 billion, up 2.2 times from ₽9.86 billion in the previous year. Revenue rose 11.7% to ₽124.19 billion against ₽111.23 billion a year earlier.

Rusolovo

Glavgosexpertiza issued a permit to Rusolovo for the construction of an underground mine at the Pravourmyskoye tin ore deposit in the Verkhnebureinsky District of Khabarovsk Territory. Construction of the underground mine is planned as part of the investment project to create a mining and processing enterprise on the basis of the Pravourmyskoye tin deposit....

Magnit

Couriers of Magnit Delivery will start delivering orders from restaurants and partner stores. First partners of Magnit will be network companies that operate in the catering market. At the first stage Magnit will cooperate with partners who have the necessary technical capabilities to connect to the infrastructure of the retailer. By the end of the year it i...