Stock market news

Far-Eastern Shipping Company

Transportation group Fesco is considering the acquisition of an airline with its own fleet for cargo transportation, said Andrei Severilov, head of the Fesco Board of Directors. "We continue to build up our air segment, it is growing. But we would like to start transportation with our own aircraft," he noted.

Pre-IPO

Platform brainbox on March 28 will hold a live broadcast with Denis Goncharov, founder of the Metacraft project. Denis will talk about his experience in launching startups and how to make money on the game dev market. In addition, the business model of Metacraft multiplayer game and other details of the project will be presented.

Lenta

Lenta intends to open at least 500 new stores in 2024, predominantly in the convenience store format. Herewith capital expenditure will be no more than 5% of revenue.

Henderson

Henderson salons in St. Petersburg in Galereya shopping mall and in Orenburg in Marmalade Megamall opened their doors again. Salon in the shopping mall Galereya changed its location and located on the 1st floor, increased in area almost 2 times up to 600 sq. m. and placed the maximum assortment on 2 floors. Salon in megamall Marmalade moved to the neighborin...

EN+ Group

En+ Group's potential investments in the construction of new HPPs in Siberia until 2042 may exceed ₽500 bln. En+ Group is considering at least four projects for the construction of new HPPs until 2030 with a total capacity of about 2.5 GW. Approximate cost estimates for these projects are: $1-1.1 billion for the Telmamskaya HPP, $1.3 billion for the Motygins...

EN+ Group

En+ Group plans to start construction of a 1 GW wind farm in Blagoveshchensk together with Chinese partners in late 2025 - early 2026. Currently, key parameters are being worked out and technological solutions are being selected. This stage is planned to be completed by the end of 2024. Holding expects the project to be implemented within the framework of th...

MOSTOTREST

Mostotrest's RAS net profit for 2023 amounted to ₽1.814 billion, up 4.5 times from ₽0.405 billion in the previous year. Revenue declined 19% to ₽3.898 billion against ₽4.814 billion a year earlier.

Rosneft Oil Company

Rosneft's Board of Directors at the meeting on March 28 will consider the implementation of the share buyback program. Securities are planned to be purchased on the open market.

SPB Exchange

Bank of Russia included SPB Exchange in the register of digital financial assets exchange operators. Status of an exchange operator allows the exchange to ensure transactions with DFAs issued not only in its own information system, but also in other systems. In June 2023, the Exchange obtained the status of an information system operator for issuing DFAs, an...

VK

VK has acquired a 25% stake in digital bank Tochka, which provides a range of services for entrepreneurs, the company disclosed in its annual report. Amount of deal amounted to ₽11.625 billion. Based on this amount, the whole Tochka was valued at ₽46.5 billion. At the same time, Tochka itself published a press release, which said that in addition to VK, 1C c...