Stock market news

Ozon Holdings

Ozon will become a resident of the first state industrial park Enem in Takhtamukaisky district of Adygea and will invest about ₽10 billion in the region, the head of the republic Murat Kumpilov said.

Magadanenergo

Magadanenergo's RAS loss for 2023 amounted to ₽3.11 billion, compared to a profit of ₽0.001 billion in the previous year. Revenue increased by 21% to ₽16.22 billion against ₽13.4 billion a year earlier.

Renaissance Insurance

Renaissance Insurance has accumulated 8% of shares for the future management incentive program. Securities were acquired through a series of small purchases on the open market, said the group's CEO Yulia Gadliba in a large interview with Interfax.

M.Video

M.Video-Eldorado Group expects to present an updated strategy by the end of 2024, the group's financial director Alla Garmanova said. Strategy has already been developed, and its priority areas are already being tested. An appropriate Investor Day may be held to present the strategy. Against the backdrop of the strategy update, M.Video-Eldorado may consider...

QIWI

QIWI shareholders did not approve the share buyback. Company planned to buy up to 10% of American depositary shares from Nasdaq and Moscow Exchange after the completion of the sale of Russian assets. Maximum buyback price on the Moscow Exchange was to be ₽581 per paper. It was planned that the shares bought back as part of the buyback would become treasury s...

Abrau-Durso

Abrau-Durso launched Russia's first production of original Cuban rum Danza del Fuego at the Loza plant in the Krasnodar region. Company imports ready-made rum distillates to Russia and dilutes them with purified water to the required 40%, filters and bottles them. Each batch of rum is produced under the control of specialists from Cuba, who accompany all sta...

Sistema

Element, a joint venture of Rostec and Sistema JSFC, intends to establish in Tomsk the development and production of radio modules for communication base stations. Tomsk State University may become a partner of Element, which will undertake the training of specialists and research. Market participants assess the project positively, but cautiously: they hope...

Ryazan Energy Supply Company

Ryazan Energy Sales Company's RAS net profit for 2023 amounted to ₽1.008 billion, up 20.7% from ₽0.835 billion in the previous year. Revenue increased 7.2% to ₽13.977 billion against ₽13.035 billion a year earlier.

M.Video

M.Video's RAS net profit for 2023 amounted to ₽131.86 million, up 45.6% from ₽90.59 million in the previous year. Revenue declined 0.4% to ₽226.42 million from ₽227.42 million a year earlier.

Yakutskenergo

Yakutskenergo's RAS loss for 2023 amounted to ₽0.775 billion, down 27.8% from ₽1.073 billion in the previous year. Revenue increased 34.3% to ₽37.33 billion against ₽27.79 billion a year earlier.