Stock market news

UGC

Yuzhuralzoloto has started accepting applications for participation in the FPO, which involves the placement of 2-4% of shares of the additional issue. Price will be set after formation of the order book, but will not exceed ₽0.84 per share. Collection of applications for participation in the FPO will last from June 20 to June 24, 2024, inclusive. Raised fun...

Headhunter

HeadHunter has made its own social network for business communication and professional development, Grid, available to a wide range of users. Social network has been in closed beta testing since the end of 2023. Company expects that by the end of 2024 the monthly active audience of the social network will number at least half a million users.

Sistema

Steppe Agroholding plans to start importing and assembling agricultural machinery under its own Sterus brand at sites in China and Russia, the company's CEO Andrei Neduzhko said. Project will be realized jointly with Chinese partners. Neduzhko did not disclose their names, as well as the amount of investment in the launch of the new business line.

X5 Retail Group

X5 Retail Group is considering the possibility of launching a format with an expanded alcoholic assortment, sources told Kommersant. There are already pilot stores in the south of the country, they are compact outlets of 100-200 square meters with a focus on alcohol, one of them said. X5 said that they are not testing alkomarkets now, but always analyze the...

NOVATEK

Novatek intends to launch gas liquefaction projects in Vietnam, Russian President Vladimir Putin said in an article for the central printing organ of the Communist Party of Vietnam, Nyan Zan. In October 2022, the head of Novatek, Leonid Mikhelson, said that the company was exploring the possibility of building an LNG terminal in Vietnam and supplying gas for...

Rosseti Lenenergo

Shareholders of Rosseti Lenenergo approved dividends by the end of 2023 in the amount of ₽0.4249 per ordinary share and ₽22.2453 per preferred share. Last day of purchase of securities for receiving dividends is July 1, 2024. Dividend yield on ordinary shares may be 1.86%, and on preferred shares — 10.53%.

Severstal

Severstal approved an updated development program for the Olenegorsk Mining and Processing Division up to and including 2040. Total investments from 2025 to 2040 will exceed ₽90 billion. By 2027, iron ore concentrate production at the mine is planned to double to approximately 4 million tons. Absolute values of the indicator in subsequent periods are not dis...

UGC

Yuzhuralzoloto started gold production at the Vysokoye mining and processing plant in the Krasnoyarsk region. During May, the mine produced its first gold, and by the end of the year it plans to produce 2.5 tons of gold there, which will increase the group's annual gold production by about 20%.

Astra

Astra will implement the strategy of import substitution and development of information technologies in the executive authorities of Khanty-Mansiysk Autonomous Okrug - Yugra. Corresponding agreement was signed during the XV International IT-Forum with the participation of BRICS and SCO countries. Parties also agreed to involve the company's experts in profil...

Element

Element Group will launch serial production of radio modules and electronic component base for 4G and 5G base stations in 2025. In addition, the company has already agreed with one of the domestic cellular operators to launch contract manufacturing of ECBs.