Stock market news

Rosseti Centere

Board of Directors of Rosseti Center approved the business plan for 2024. Document envisages revenue growth in 2024 by 4%, to ₽127.5 bln. At the same time, the company's profit will decrease by 18.4%, to ₽4.87 bln. Growth in production costs in 2024 by 5.3% is mainly due to inflationary factors and an increase in expenses for compensation of electricity loss...

Artgen

Artgen Biotech Group expects to increase its revenue to at least ₽10 billion by 2030. Multiple revenue growth will ensure both the launch of new drugs and the expansion of indications for existing drugs. In 9M 2023, the company reported revenue of ₽963.98 million, up 17.9% from ₽817.89 million a year earlier. In 2022, revenue fell 3.7% to ₽1.137 billion comp...

Nebius Group

IT company Yandex is moving towards the market of unmanned electric vehicles, the company will look for partners in China - the global leader in the electrification of transportation. This opinion was expressed to TASS by Anton Shaparin, vice-president of the National Automobile Union. In addition, Yandex has posted a vacancy in LinkedIn for a field engineer...

Mosgorlombard

Mosgorlombard Group opened a branch of the resale market in the hypermarket Auchan - Belaya Dacha at the 15th km of the Moscow Ring Road. New point became the fourth branch of the resale-market. All of them are located in Auchan stores.

NovaBev Group

Novabev Group remained the first vodka producer in Russia in 2023, producing 9.9 million dal of the drink against 10 million dal a year earlier, according to the data of market participants available to Kommersant. In January-August 2023, the group was second, behind Tatspirtprom, owned by the government of Tatarstan. In 2024, market participants expect vodk...

SmartTechGroup (CarMoney)

Board of Directors of SmartTech Group has decided to establish Smart Horizon LLC, which will be engaged in selling software solutions and technologies to B2B clients. This is a promising direction, which promises a significant growth in the client base, revenue and profit of the group already in the next three years, the company notes.

QIWI

QIWI has changed the address of its investor website to qiwi.global. Previously, the investor section was located at investor.qiwi.com.

Nebius Group

Registered with the ATS late last year, Yandex ICAO became the owner of 99.999% of Yandex LLC, Yandex's main operating company in Russia. MCAO also became the owner of 100% of Technoyak LLC and 49% of Yandex DC LLC, which are also affiliated with the Russian technology company. Founder of MCAO is Yandex N.V.

Phosagro

Phosagro has entered into a special investment contract to implement a project to develop the Balakovo production complex. Project involves the construction of facilities to produce almost 1 million tonnes of complex NPK fertilizers and 0.5 million tonnes of DAP per year. As a result, total output will increase by 28% depending on the product mix. Reaching t...

Acron

Acron Group produced 8.382 million tonnes of commercial products in 2023, up 0.5% year-on-year. Mineral fertiliser production increased by 1.1% to 7.053 million tonnes. Nitrogen fertilizer output decreased by 0.5% to 4.63 million tonnes. Complex fertilizer production rose 4.4% to 2.423 million tons. Production of industrial products increased by 6.6% to 1.20...