Stock market news

Phosagro

Shareholders of Phosagro approved dividends for 9 months 2023 in the amount of ₽291 per ordinary share. The last day of purchase of securities to receive dividends is December 22, 2023. Dividend yield may amount to 4.34%.

Sovcombank

Sovcombank's IPO was attended by 140,000 investors. Applications for less than 800 shares were satisfied in full. Remaining applications of retail investors received at least 800 shares, but not full allocation. As the amount of the application increased, the percentage of allocation decreased. For the largest requests the size of allocation amounted to 2.2%...

Segezha Group

Segezha Group increases production of Segezha Vulcan plywood for projects with high fire safety requirements. Vyatka Plywood Plant's products made of 100% birch veneer are widely demanded in the production of passenger wheeled and rail vehicles. Unique Segezha Vulcan technology was developed by the company in 2021, last year the first orders were accepted, a...

Fix Price Group

Fix Price has implemented the technology of recognizing queues at checkouts using computer vision in 7 stores of the chain. Main goal of the project is to increase traffic in the stores and customer loyalty by opening additional cash desks at peak times. Two months later, the average traffic in the pilot stores increased by 2% compared to the stores where th...

Mobile TeleSystems

MTS Bank plans to establish its microcredit company M-Finance. Company will focus on the POS-micro-loan segment.

United Wagon Company RPC

UWC's RAS net profit for 9 months of 2023 amounted to ₽6.375 billion, up 19 times from ₽0.334 billion in the previous year. Revenue rose 11.2% to ₽1.593 billion against ₽1.433 billion a year earlier.

T-Bank

EGM of TCS Group Holding shareholders on January 8, 2024 will consider the redomiciliation of the company from Cyprus to Russia.

Sovcombank

Sovcombank set the offering price at ₽11.5 per share. Thus, the IPO was at the upper limit of the earlier price range of ₽10.5-11.5, and the entire bank is valued at ₽219 billion. Trading in the shares will begin on December 15 under the ticker SVCB.

Far-Eastern Shipping Company

Fesco has agreed with Uzbek Railways JSC and UzheldorContainer JSC to cooperate on the development of container transportation between Uzbekistan and Russia. Partners will work on new transit routes through Kyrgyzstan to China and through Turkmenistan to Turkey, African and Mediterranean countries using Fesco's intermodal services. In addition, a direct cont...

Ozon Holdings

Ozon will launch an online platform Vozi Ozon to search for freight transportation orders across Russia and the CIS. New service will work on the principle of Uber: Ozon places orders for transportation and indicates their starting price, and private drivers of heavy trucks and transportation companies offer their price - the winner is the partner who offere...