Stock market news

Yandex

Yandex Travel service has agreed to purchase the Akadem Online business related to online hotel reservations for business trips. Company is developing a digital booking platform of the same name, which is used by agencies, tour operators and companies when organizing business trips in Russia and abroad. Deal will allow Yandex Travel to launch a new business...

Rostelecom

Rostelecom operator is discussing the creation of its own online video game store, sources told Kommersant. The store can be integrated into the console developed by FPlus, which will run on the Aurora operating system.

UGC

Alfa Investments broker has suspended transactions with Yuzhuralzoloto shares. The broker called the court's ruling on the adoption of interim measures on the claim of the Prosecutor General's Office for the conversion of shares of the main shareholder of Yuzhuralzoloto Konstantin Strukov into state revenue the reason for the suspension. It is not specified...

Central Telegraph

Shareholders of Central Telegraph approved dividends for 2024 in the amount of ₽0.224 per preferred share. The last day of purchase of securities for receiving dividends is July 10, 2025. The dividend yield may be 3.14%. No dividends are to be paid on ordinary shares.

Genetico

Genetico has completed the placement of 7 million additional shares at a price of ₽34 per share. Additional issue was purchased by Artgen Biotech. Company will use the funds raised to repay its debt and develop a portfolio of gene therapy drugs for the treatment of orphan diseases.

SmartTechGroup (CarMoney)

Evgeny Mikhalin has been appointed Financial Director of SmartTechGroup. Previously, he worked at Renaissance Credit Bank, having worked his way up from department manager to finance director. At SmartTechGroup, Evgeny will be responsible for strategic planning and business plan formation, optimization, planning and control of financial flows, implementation...

Element

Element Group plans to invest ₽6.6 billion in the Mari Republic's Zavod Poluprovodnikov Priborov to increase the production of metal-ceramic chip cases, according to Yuri Zaitsev, the head of the Mari Republic, following a meeting with Element President Ilya Ivantsov.

VK

VK has acquired the Viqeo video platform. Platform allows you to embed videos on websites and other services. Acquisition of the asset will allow us to strengthen VK Video advertising business.

UGC

Moscow Exchange suspended trading in Yuzhuralzoloto shares in all modes. Trading has been suspended on the basis of an order from the Bank of Russia. Reasons for issuing such an order are not specified.

Rostelecom

Rostelecom may sell the Armenian telecom operator GNC-Alfa to Cyprus Fedilco Group Limited for $40 million, said Boris Demirkhanyan, Deputy Director of GNC-Alfa. Parties have already received approval for the deal from the Armenian Public Services Regulatory Commission. Russian company has already tried to sell GNC-Alfa in 2022. At that time, the Armenian CR...