Stock market news

Mobile TeleSystems

Public Services Regulatory Commission of Armenia has authorized the sale of MTS Armenia CJSC to Fedilco Group Limited of Cyprus. Transaction should be realized within six months from the date of publication of the final decision. Amount of the transaction is not disclosed. According to experts' estimates, MTS Armenia may cost about ₽19 bln.

Territorial Generating Company № 14

TGC-14 will continue paying dividends twice a year for the next 5 years. This year, the energy company paid interim dividends for the first time in its history.

JD.com

JD.com's GAAP net profit for 9 months of 2023 was CN¥21.345 billion, up 4 times from CN¥6.47 billion in the previous year. Revenue rose 3.7% to CN¥778.59 billion from CN¥750.79 billion a year earlier.

Nebius Group

Yandex.Еda service has begun to develop a new direction - catering. Aggregator has already agreed on partnerships with about 30 players in this market, including Vkusvill Feast, GalaBox Catering, Kostis, and Finedine Catering. Catering services will be represented in the aggregator under their own brands, from them it will be possible to order both ready-mad...

Sollers

First UAZ vehicles produced in Ghana may roll off the assembly line in the capital of the country in the 1st quarter of 2024, said the Chairman of the Ghana-Russia Business Development Council Lawrence Auku-Boateng. Currently, the preparation of the premises and equipment is already underway.

Rostelecom

Rostelecom plans to invest at least ₽15 billion over the next three years in acquiring companies and financing their development. Company intends to invest about ₽3 billion a year in venture assets. Deals themselves range in size from ₽10 million to ₽300 million.

UTair Aviation

UTair Aviation has suspended the operation of 30 Mi-17 family helicopters due to a reduction in its participation in United Nations missions. Old contracts are expiring and no new ones are being signed. UTair has a total of 98 Mi-17 family aircraft.

Whoosh

Board of Directors of Whoosh approved a long-term employee incentive program and the first stage of repurchase of own shares to form an option pool. Participants in the program will receive shares in the company at the end of 2024, 2025 and 2026 if EBITDA targets are achieved. Maximum number of shares to be purchased in the option pool does not exceed 4,500,...

Samolet Group of Companies

Developer Samolet has completed its first business class project in Moscow and is expanding its presence in this segment. Developer buys 6 hectares of land on Vasilievsky Island in St. Petersburg from Gazprombank-Invest, sources told Kommersant. Price of the plot is estimated by experts at ₽5 billion. On the site it is possible to build 70 thousand square me...

Magnit

Magnit's IFRS net profit for 9 months of 2023 amounted to ₽49.66 billion, up 12.9% from ₽43.97 billion in the previous year. Revenue rose 7.3% to ₽1.858 trillion against ₽1.731 trillion a year earlier.