Stock market news

Severstal

Severstal started construction of an iron ore pelletizing complex in Cherepovets. Capacity of the complex is 10 million tons of pellets per year. Investments in the project will amount to about ₽97 billion. Launch of the complex is scheduled for 2026.

Rosneft Oil Company

Drones attacked Rosneft's Ryazan Refinery. Resulting fire was extinguished. However, two primary oil refining units were damaged at the refinery.

Sistema

Government approved the creation of three new special economic zones, including Sistema Industrial and Production SEZ, a joint project of the Republic of Mordovia and AFK Sistema. In the new SEZ with a total area of 205 hectares, the corporation will be able to implement projects in the field of low-tonnage chemistry and hydrogen technologies on favorable te...

Nebius Group

Yandex.Market has begun testing Roboruka at the Sofyino-2 warehouse. It lifts boxes of different sizes, shapes and weights from the conveyor belt and places them on the appropriate pallets. With Roboruka, the speed of assembling one pallet increases by 2 times on average. When working, the robot learns itself due to the built-in neural network "Yandex".

X5 Retail Group

X5 Retail Group has launched a series of projects to robotize distribution centers. At the first stage, the company opened an innovative laboratory-polygon for testing robotization technologies in one of the distribution centers. Already in September-October 2024, the group's retail chains will be able to start implementing robotic solutions for partial auto...

Severstal

Severstal does not rule out the possibility of allocating more than 100% of its free cash flow to dividend payments, said Nikita Klimantov, head of the company's investor relations department. "Probability is certainly there, but I wouldn't exaggerate its significance much," he explained, noting that the company's access to capital markets has become more di...

LUKOIL

Drone attack on Lukoil's Nizhny Novgorod Refinery led to the shutdown of its largest primary refining unit AVT-6. Unit capacity is 25,000 tons of oil per day, or 53% of the Nizhny Novgorod refinery's total primary refining capacity. In total, the refinery is capable of processing 17 million tons of oil per year.

T-Bank

Tinkoff Investments service presented their new project - investment platform "T-venture", which is designed for small and medium-sized companies to raise capital from retail investors for development and scaling. At the first stage, T-venture will focus on Pre-IPOs. Broker is targeting companies with a proven business model, the size of which does not allow...

M.Video

М.Video-Eldorado chain plans to open compact format stores in new territories, as well as to enter the Far East. Which regions the company is referring to is not specified. Possible plans to enter Crimea and the territories annexed in 2022 entail a number of sanctions risks, believes lawyer of BGP Litigation's compliance and sanctions law practice Maria Udod...

Pre-IPO

Tinkoff Investments service presented their new project - investment platform T-venture, which is designed for small and medium-sized companies to raise capital from retail investors for development and scaling. At the first stage, T-venture will focus on Pre-IPOs. Broker is targeting companies with a proven business model, the size of which does not allow t...