Stock market news

Sberbank

Sberbank intends to develop a personal financial assistant based on artificial intelligence. Quality of his work and the level of personification will be comparable with the help of personal managers who work with premium clients.

Sberbank

Sberbank's development strategy until 2026 envisages an increase in dividends to 50% of IFRS profit. Return on equity should remain above 22%, and capital adequacy is planned to be maintained at a level above 13% or more.

Rostelecom

Operator Rostelecom and Avtodor agreed to build cell towers along federal highways across the country to provide mobile services and high-speed LTE data transmission. In construction of antenna and mast structures in the highway right-of-way will participate the tower company of cellular operator Tele2 Pilar. Priority will be given to providing communication...

Sberbank

Sberbank has opened access for individuals to a platform of digital financial assets, said Deputy Chairman of the Bank's Management Board Anatoly Popov to journalists on the sidelines of the Investor Day. Testing is still underway on a limited group of users. In the future, DFAs will become an additional way of placing funds available to all retail clients o...

KAMAZ

Auto concern Kamaz plans to produce more than 42 thousand cars in 2023, and in 2024 it is planned to increase the production volume to 45 thousand cars, said Natalia Kropotova, deputy head of the executive committee of Naberezhnye Chelny. A representative of Kamaz declined to comment, noting that the company has not yet approved a business plan for next year...

Magnit

Retailer Magnit has begun testing the format of mini-markets at home. Area of such outlets - from 80 to 100 square meters, which is three times smaller than the standard stores of the network. Assortment of retail outlets will have 1300-1600 items. Retailer has already opened three mini-markets in Moscow and Moscow region under the name Magnit near. Such out...

SPB Exchange

SPB Exchange started preparations for the exchange of blocked assets of Russian investors in accordance with President Vladimir Putin's decree No. 844, which assumes that non-residents will be able to buy foreign securities from Russians with funds from C-type accounts. Trading platform lifted the ban on transferring securities between non-trading sections,...

Nebius Group

Service Yandex.Music launches the function of donations for artists. Commission will not be deducted from such contributions by the platform. In addition, for the release of new content, the service will double the remuneration of musicians at its own expense. In 2024, about ₽100 million will be allocated for these purposes.

M.Video

M.Video-Eldorado chain started rebranding of M.Video stores by changing the chain's logo, says group's main managing director Sergey Lee in a big interview with RBC. In the new logo, the letter "M", the shape of which has not changed since 1994, will become larger, the letters in the word "video" will be capitalized, their font - printed, not handwritten, as...

Alrosa

Diamond mining company Alrosa is studying the possibility of issuing digital financial assets for unique diamonds, said Sergey Takhiev, head of the company's corporate finance department. Project is still at the stage of idea formation. Diamonds have more complex pricing than commodities, so it is very difficult to tokenize the entire product line, the top m...