Stock market news

Magnit

Retailer Magnit launched the first pharmacy in a renewed concept in Moscow. In the near future, four more renovated pharmacies will start operating in Moscow and the Moscow region. New format provides redesign and expansion of the sales area, updating equipment, entrance group and communication inside the pharmacies. In the outlets there will be a separate a...

RUSAL

Aluminum producer Rusal became the owner of 79.9951% of JSC Timan Bauxite. Company is a supplier of bauxite for Rusal's Ural Aluminum Smelter and is managed by Rusal Management Management Company.

Artgen

Artgen Biotech's EBITDA for 9 months of 2023 amounted to ₽209.72 million, up 67.7% from ₽125.02 million in the previous year. Revenue increased 17.9% to ₽963.98 million against ₽817.89 million a year earlier.

Sistema

Cosmos Hotel Group plans to occupy 15-20% of the Russian hotel market by 2026. Now the company's share is about 10%. Cosmos Hotel's revenue in 9 months of 2023 reached up to ₽9.1 billion, increasing 2.3 times. OIBDA in 3.4 times, up to ₽3.3 billion. Average annual occupancy of the company's hotels in 2023 amounted to 59%.

Whoosh

One of the main points of Whoosh's program for 2024 is to increase the service's coverage density in all cities where it operates. Last season in Moscow, there were 50 scooters per square kilometer of all kickshare operators, and Whoosh's coverage density in the capital amounted to 18 scooters per square kilometer. Target value for the company is 40 units pe...

VTB Bank

VTB plans to launch the VTB Pay payment application and expand the VTB ID service this year, VTB Deputy Chairman of the Management Board Georgy Gorshkov said. VTB Pay application will combine all payment technologies available to customers, including the necessary variety of QR-payments. In addition, VTB will work with the Bank of Russia to introduce a singl...

UTair Aviation

UTair Aviation in 2023 carried 6.06 million passengers on its aircraft, which is 9.3% more than a year earlier. Volume of cargo transported by aircraft increased by 16.1% to 14.63 thousand tons. Operational flight hours amounted to 158,806 hours, up 8.1%. Helicopter passenger traffic increased by 14.3% to 0.629 million passengers. Helicopter fleet cargo traf...

M.Video

M.Video-Eldorado Group has applied for registration of a new trademark M.Master. Launched under this trademark, the service will become a one-stop center for comprehensive customer assistance, covering even more services in addition to the current ones, including delivery, installation and setup, and others that the company currently provides under the M.Ser...

MMC Norilsk Nickel

MMC Nornickel and Rosatom have increased the authorized capital of Polar Lithium LLC, a project company that holds a license to develop Russia's largest Kolmozersky lithium deposit in the Lovozero district of Murmansk Region. Now the capital of Polar Lithium LLC amounts to ₽2.63 billion. Earlier it was ₽1 million.

Rostelecom

Rostelecom's revenue in 2023 exceeded ₽700 billion, the company's president Mikhail Oseevsky said. At the end of 2021, Rostelecom's revenue was ₽580.1 billion. Later, the company stopped publishing financial reports, but in mid-2023, Mikhail Oseevsky reported that at the end of 2022, revenue reached ₽650 billion. Thus, in 2023, the figure increased by 7.8%.