Stock market news

Headhunter

HeadHunter is testing an analog of LinkedIn - a social network Grid designed for professional communication. A Kommersant source estimates the budget for the project at ₽1.5-2 billion. Experts doubt that the service will be in demand, noting that its tasks are already performed by closed professional communities in Telegram and other platforms.

Whoosh

Whoosh has purchased the first 47,667 shares under a buy-back program that will run until May 31, 2025 and involves the repurchase of up to 1.5 million shares for an employee incentive program. Over the next three years, a total of up to 4.5 million shares may be repurchased for the incentive program, representing approximately 4% of the share capital.

Solikamsk magnesium plant

Government has ordered the transfer to Rosatom of the state-owned 89.5% stake in Solikamsk Magnesium Plant. Transfer of the shares should take place within six months. Earlier, the Lovozero Mining and Processing Division of Rosatom included the Lovozero Mining and Processing Division, which produces loparite concentrate, which is the raw material for the Sol...

VK

VK plans to launch an NFT-marketplace in February 2024. On platform it will be possible to sell and buy tokens for rubles, and it will support payment by cards of Russian banks. On marketplace it will also be possible to create NFTs from different types of content: pictures and audio. To date, about 500,000 cryptocurrency wallets have already been linked to...

KAMAZ

Fund for the Development of Industry has granted Murommashzavod a ₽1.75 billion loan to set up production of import-substituting components for Kamaz electric buses, Aurus cars and agricultural special equipment. Enterprise will produce four types of components used in electric buses, cars, trucks and agricultural tractors on a large scale. These include por...

Territorial Generating Company № 1

Gazprom Energoholding, the majority shareholder of TGC-1, is not currently considering the acquisition of TGC-1 shares from Fortum, said Denis Fedorov, head of GEH. In June 2022, it was reported that the company admits the possibility of acquiring TGC-1 shares from a minority shareholder, but the issue was not discussed anywhere. However, in April 2023, the...

KAMAZ

Kamaz's Board of Directors has approved the company's development strategy until 2030. Among the key goals are: revenue of ₽806 billion, truck sales at the level of 60,000 units. At the same time, the share of foreign sales should amount to 16%, and EBITDA margin - 9%. Investment program of more than ₽380 billion has been formed, with the priority programs b...

Sberbank

Sberbank's RAS net profit for 11 months of 2023 amounted to ₽1.378 trillion, up 8 times from ₽0.175 trillion a year earlier. Net interest income rose 37.8% to ₽2.11 trillion. Fee and commission income rose 16.2% to ₽0.636 billion.

Solidcore Resources

Polymetal shareholders approved a new exchange of shares blocked at NSD and other Russian depositories for shares traded on Kazakhstan's AIX exchange at a one-to-one ratio. Exchange proposal applies only to shareholders who are not "unfriendly" to Russia and are not subject to sanctions. As of today, blocked remain 14% of Polymetal shares.

Severstal

Severstal signed a contract with a company from China to supply equipment for the construction of an iron ore pellet production complex at the Cherepovets Steel Mill site with a capacity of 10 million tons of pellets per year. First deliveries of the equipment are planned for the fourth quarter of 2024. Investment in the project will amount to about ₽97 bill...