Stock market news

MD Medical Group Investments

MD Medical will pay a dividend for all missed years following the completion of the redomiciliation. "We plan to pay between 50% and 75% of EBITDA for years in which we did not pay, including 2023," MD Medical managing director and majority shareholder Mark Kurzer said on an investor conference call

Artgen

Artgen's RAS net profit for 2023 amounted to ₽244.62 million, up 17.8% from ₽207.64 million in the previous year. Revenue decreased 8% to ₽74.14 million from ₽80.58 million a year earlier.

Sovcombank

Sovcombank's RAS net profit for 2023 amounted to ₽89 billion, up 6.3 times from ₽14.16 billion in the previous year. Net interest income rose 43.3% to ₽126.19 billion against ₽88.04 billion a year earlier.

Rosneft Oil Company

Rosneft's Board of Directors has approved the resumption of the open market share purchase program. Until December 31, 2026, the company may buy back ₽102.6 billion worth of shares, which corresponds to the amount of funds not spent under the previous stages of the program. Number of shares to be purchased on the open market will depend on market conditions.

UralSib Bank

Uralsib's RAS net profit for 2023 amounted to ₽11.66 billion, down 5.7% from ₽12.36 billion in the previous year. Net interest income rose 39.2% to ₽32.64 billion versus ₽23.45 billion a year earlier.

Nebius Group

Shares of ICPAO Yandex have been included in the first quotation list of the Moscow Exchange since May 15. Trading in the securities will start not immediately, but in the coming months - the exact date will be announced additionally. ICPAO Yandex will become the new parent company of Yandex and will retain the businesses, services and assets of Yandex N.V....

Territorial Generating Company № 2

TGC-2's RAS loss for 2023 amounted to ₽10.73 billion, compared to a profit of ₽0.086 billion in the previous year. Revenue increased by 8.2% to ₽45.28 billion against ₽41.86 billion a year earlier.

Rostelecom

State unitary enterprise Fuel and Energy Complex of St. Petersburg, Rostelecom and electronics manufacturer Fplus signed a strategic partnership agreement. Companies will jointly create and promote import-independent software and hardware complexes. First joint project will be the formation of a trusted ecosystem of mobile and stationary spaces for work in t...

Severstal

Severstal is shutting down largest blast furnace No. 5 Severyanka at Cherepovets Steel Mill for a first-degree overhaul. Investments in the project will amount to ₽37 billion. Company has also developed a set of measures to avoid a decrease in finished product volumes despite the unit shutdown.

X5 Group

Moscow Exchange suspends trading in X5 Retail Group receipts from April 5. Decision was made because the Ministry of Industry and Trade filed an application with the court to suspend X5 Retail Group's corporate rights to the Russian operating company Corporate Center X 5 LLC.