Stock market news

Tuimazinskiy plant of concrete truckers

Tuimazinskiy Zavod Avtobetonovozovozov's RAS net profit for 2023 amounted to ₽493.62 million, up 69% from ₽292.1 million in the previous year. Revenue increased 88.5% to ₽10.903 billion against ₽5.783 billion a year earlier.

Nebius Group

ZPIF Consortium.First intends to offer holders of Yandex N.V. class A shares in the Russian depositary infrastructure to exchange or redeem shares in the Dutch company. Fund will make the offer after the approval of the business restructuring by the Yandex N.V. shareholders' meeting and receipt of all regulatory approvals.

Sistema

Production of pharmaceuticals at Binnopharm Group's production sites amounted to 371 million packs in 2023, up 40% from 267 million packs a year earlier. Company's products are supplied to all Russian regions and exported to 13 countries, including Kazakhstan, Azerbaijan, Moldova, Uzbekistan, Belarus and Armenia. In 2024, Binnopharm Group intends to continue...

Transneft

Moscow Exchange has changed the terms of restriction on transactions with Transneft shares due to the forthcoming split. Trades in the securities will be suspended from February 15 to February 20, 2024 inclusive.

T-Bank

Bank of Russia registered the issue and prospectus of ordinary shares of the international public joint-stock company TCS Holding. Company is being established as part of the redomiciliation of TCS Group. Decision on state registration of the issue and prospectus of the company's shares will come into effect from the moment of registration of TCS Holding. So...

VTB Bank

VTB plans to open offices in Beijing and a number of other Chinese cities in the near future, VTB President and Chairman of the Management Board Andrei Kostin said. VTB is the only bank that has had a full-fledged branch in Shanghai for more than 15 years. In addition, the bank has a representative office in Beijing.

Nebius Group

Largest buyer of Yandex's Russian assets will be the company's management structure, which will receive a 35% stake in the closed mutual investment fund Consortium.First. Infinity Management of Alexander Chachava will receive 25%, Lukoil - 15%, Aiti.Razvitie of Pavel Prass - 15% and Meridian-Service of Alexander Ryazanov - 10%. ZPIF participants may not tran...

Henderson

Henderson's revenue in January 2024 amounted to ₽1.4 billion rubles, up 32.3% year-on-year. Operating results for January 2024 are expected to be disclosed by the company on February 25.

Rostelecom

Restream, owned by Rostelecom, and Protei, a developer of communications equipment, have established a joint venture, Protei-RTC LLC, in which Restream holds 51% and Protei has 49%. Partners expect that the establishment of the joint venture will speed up the development of the core of 5G mobile communications and start testing as early as 2025. Experts admi...

KAMAZ

Kamaz's RAS net profit for 2023 amounted to ₽12.7 billion, up 135.6% from ₽5.39 billion in the previous year. Revenue increased 33.2% to ₽354.71 billion against ₽266.32 billion a year earlier.