Stock market news

Novolipetsk Iron and Steel Works

NLMK is negotiating the sale of plants in the United States to American Cleveland-Cliffs, Bloomberg has learned. Assets, including steel plants in Indiana and Pennsylvania, may be valued at more than $500 mln, sources of the agency specified. NLMK declined to comment.

MD Medical Group Investments

ICPAO MD Medical Group Investments completed registration in the special administrative district on Oktyabrsky Island, Kaliningrad Region. Now the process of automatic conversion of MD Medical receipts into ICPAO shares will begin, which may take up to 15 working days from the date of state registration of the company.

RBC

RBC's RAS loss for 3 months of 2024 amounted to ₽203.6 million, up 8 times from ₽24.9 million in the previous year.

Phosagro

Board of Directors of Phosagro recommended that dividends be paid for 3 months 2024 in the amount of ₽15 per ordinary share. The last day of the purchase of securities to receive dividends is July 10, 2024. Dividend yield may amount to 0.24%.

Phosagro

Board of Directors of Phosagro recommended that dividends be paid for 2023 in the amount of ₽294 per ordinary share. The last day of the purchase of securities to receive dividends is July 10, 2024. Dividend yield may amount to 4.71%.

Pre-IPO

Crowdfunding platform JetLend is planning a Pre-IPO in June. Placement will be a private placement among the platform's investors to determine the fair value of the shares ahead of the IPO. In April 2020, JetLend raised ₽5 million from three business angels and received a valuation of ₽160 million. In November 2020, the company raised another ₽37.5 million f...

Ozon Holdings

Ozon started construction of a new warehouse complex in Dagestan. Total area of the full-field center will be 110 thousand square meters. Commissioning is expected in July 2025.

Yandex

Marketplace Yandex.Market is building a new warehouse with an area of more than 20 thousand square meters on the territory of the full-field center in Rostov-on-Don. Updated warehouse will hold more than 16 million goods, and the useful area of the mezzanine will increase to 68 thousand sq. m. Expansion of the fullfillment center is due to the growth of sale...

Sollers

Automaker Sollers is working on the production of minivans. Launch of serial production of minivans and pickup trucks with automatic transmission is scheduled for 2025.

Gazprom Neft

Gazprom Neft commissioned infrastructure for commercial hydrocarbon production at section 3A of the Achimov deposits of the Urengoyskoye field in the Yamalo-Nenets Autonomous District. The new production complex will ensure annual supply of up to 5 billion cubic meters of gas and 1.5 million tons of condensate.