Stock market news

GAZ

Arbitration Court of Nizhny Novgorod Region partially satisfied the claim of Gorkovsky Avtozavod against Volkswagen and ruled to recover ₽16.9 billion from the German automobile concern. Starting from 2021, the defendant Volkswagen began to violate its obligations under the diesel engine supply contract and in March 2022 completely repudiated the contract. G...

Yandex

Yandex Go scooters have appeared in Tashkent and can be rented through the service's app. Cost of a ride starts from 890 soums per minute.

Sberbank

Sberbank's RAS net profit for 6 months of 2024 amounted to ₽768.7 billion, up 5.6% year-on-year. Net interest income increased by 16.9% to ₽1.244 trillion. Fee and commission income increased by 9.7% to ₽353.8 billion.

Transneft

Shareholders of Transneft approved dividends for 2023 in the amount of ₽177.2 per preferred share. The last day of purchase of securities to receive dividends is July 17, 2024. Dividend yield may amount to 11.25%.

LSR Group

LSR is developing five development projects in the UAE. Sales and construction of one of the residential buildings is already underway, the developer plans to launch the remaining projects by the end of 2025. Size of the projects is not disclosed by the company, as well as the names of local partners.

NovaBev Group

Novabev's total shipments for 6 months of 2024 totaled 6.9 million decaliters, down 1.5% year-on-year. Shipments of own products decreased by 1.8% to 5.3 million decaliters. Sales of partner imported brands decreased by 0.8% to 1.6 million decaliters. VinLab's store count increased by 153 stores to 1,810 outlets during the half-year, with sales volume up 32....

Himprom

Inter RAO is negotiating the purchase of Novocheboksary Khimprom from Viktor Vekselberg's structures, sources told Kommersant. According to Kommersant's sources, negotiations on the purchase are at an advanced stage. Valuation of the chemical plant may amount to ₽60-70 billion, believe the experts.

Inter RAO

Inter RAO is negotiating the purchase of Novocheboksary Khimprom from Viktor Vekselberg's structures, sources told Kommersant. According to Kommersant's sources, negotiations on the purchase are at an advanced stage. Valuation of the chemical plant may amount to ₽60-70 billion, believe the experts.

OGK-2

OGK-2 placed 25.76 billion new shares, which is 53.36% of the additional issue. Additional issue at a price of ₽0.5563 per share was purchased by company's main shareholder - Gazprom Energoholding.

Russneft Oil Company

Russneft signed a contract for supply of oil to Fuel and Oil Dynamics FZE registered in the UAE. Amount of transaction is $400 million, delivery period - from September 1, 2024 to December 31, 2024.