Stock market news

Magnit

Federal Antimonopoly Service has approved Magnit's acquisition of a stake in Samberi, the largest retail chain in the Far East. Retailer acquires 33.01% of Samberi and will also receive an option to buy out the remaining stakes within five years. Closing of the first stage of the transaction is expected in the summer of 2024.

Seligdar

Gold production by Seligdar Holding in 2023 amounted to 8,274 tons, up 10% from 7,555 tons a year earlier. Gold sales volume increased by 6% to 8.06 tons. Tin production increased 4% to 3,000 tons. Revenue from gold sales exceeded the 2022 figure by 82% to ₽50.8 billion, of which about 88% came from sales of own gold. Revenue growth was driven by both higher...

Lenta

Lenta retail chain opened a Super Lenta store with an area of almost 600 square meters in Mytishchi near Moscow. Supermarket has seven cash desks, including four self-service cash desks. Assortment includes more than 6,700 goods, it is formed taking into account the preferences of residents of the Moscow region. On the adjacent territory there is a parking l...

Mosgorlombard

Mosgorlombard opened on Yandex Market a showcase with jewelry at a price up to five times lower than in ordinary jewelry stores. Besides jewelry, Mosgorlombard sells other highly liquid goods on the marketplace - fur products, computer equipment and cell phones. By the end of 2024, the company intends to expand its catalog of goods items on Yandex Market to...

Yakovlev

New Yak-152 training aircraft for initial training of pilots of the Russian Air and Space Forces has successfully completed state tests. During these tests, the main flight performance characteristics of the aircraft were confirmed. Import substitution of the German engine and other important components of the Yak-152 is the next task set for the Yakovlev ma...

SPB Exchange

SPB Exchange is developing a mechanism to unblock foreign securities listed on the Hong Kong Stock Exchange. Trading platform intends to transfer them to a third-party Russian depository SAV Capital, sources of "Kommersant" specified. Terms of transfer of securities are still unknown. In addition, this operation requires the consent of counterparties - accou...

Severstal

Arbitration Court of Moscow recognized the FAS prescription and the antimonopoly service's fine against Severstal as lawful. In September 2022, the company was ordered to pay a fine of ₽8.7 billion for collusion with NLMK and MMK to maintain a monopolistically high price for hot-rolled flat products on the domestic market.

Mosenergo

Mosenergo's power plants in 2023 generated 63.02 bln kWh of electricity, which is 0.8% more than 62.51 bln kWh a year earlier. Heat supply decreased by 4.6%, amounting to 81.49 mln Gcal. Decrease in heat supply was due to high outdoor air temperature in April-May 2023 and shortened duration of the 2022-2023 heating season, as well as the late start of the 20...

Nebius Group

Yandex's video, image and text generation service Shedevrum took the third place in the global rating of State of Mobile 2024 and became one of the three leading global applications with generative AI along with ChatGPT and Character.ai Rating is based on three parameters: the number of downloads, user activity and user ratings. Yandex's service received 95...

Far-Eastern Shipping Company

Fesco Transportation Group increased the volume of cabotage in the Far East by 5% to 88 thousand TEU in 2023. Transportation via the Sea Line between Vladivostok and Sakhalin increased by 19% to 35 thousand TEUs. Service between Vladivostok and Kamchatka carried more than 20 thousand TEUs. Growth amounted to 6%. In addition, in February 2023, the company's f...