Stock market news

OGK-2

OGK-2's power plants in 2023 generated 53.4 bln kWh, which is 10.1% higher than a year earlier. Change in production volumes was due to increased demand for generating equipment. Heat supply amounted to 5.235 mln Gcal, having increased by 1%. Main reason for the increase was the growth of steam consumption by industrial consumers.

TMK

TMK commissioned a new stainless steel pipe finishing section at Volzhsky Pipe Plant in Pipe Rolling Shop No. 2. Commissioning of the facility will enable the shop to produce and ship 55,000 tons of pipes, including at least 27,000 tons of stainless and corrosion-resistant austenitic and martensitic steel grades, improve production efficiency and reduce lead...

Etalon Group

Etalon Group's real estate sales in 2023 amounted to 547.2 thousand square meters, up 87%. In cash terms, sales volume increased by 80% to ₽105.56 billion. Number of contracts signed increased by 81% to 11,689. Cash receipts increased by 36% to ₽82.11 billion. Average selling price of residential properties decreased by 11% to ₽232.7 thousand per square mete...

Fix Price Group

Fix Price's board of directors has declared an interim dividend of ₽9.84 per ordinary share. Last day to purchase securities to receive the dividend is January 25, 2024. Dividend yield could be as high as 3.06%.

T-Bank

Shareholders of TCS Group have approved the re-registration of the group from the Cypriot jurisdiction to the Russian one. To which of the two special administrative districts the relocation is planned, the company does not specify.

SmartTechGroup (CarMoney)

Bank of Russia has approved the candidacy of Elena Yashina for the position of CEO of LLC MFK KarMani. Appointment will take effect from January 16, 2024. Previously, LLC MFK KarMani was headed by Anna Kalugina, who moved to the position of CEO of PJSC STG.

Mobile TeleSystems

MTS has increased its stake in scooter rental service Yurent from 12% to 80.6%, Maxim Laptev, head of MTS' digital products unit, told Interfax. He did not disclose the amount of the deal, saying only that the valuation of Yurent amounted to ₽7-8 billion, and the final amount of payments is tied to the company's future performance. Service operates in 124 ci...

VK

On platform VK Video, in 2023, released 1.5 thousand exclusive shows and projects, including 95 blogger shows and 25 original projects. Total viewing time for exclusive content grew 34 times over the year. Medium Quality studio, which was acquired by VK in December 2022, released 99 shows in VK Video, the most viewed being "By the way", its episodes garnered...

Artgen

Histograft, part of Artgen Biotech, has started clinical trials of gene-activated osteoplastic material for the treatment of patients with degenerative-dystrophic spine diseases. Material is already approved for clinical use in trauma practice, but to date no clinical data have been accumulated for large-scale introduction of the product into this segment of...

Sollers

Sollers Group has received a soft loan of ₽3.4 billion from the Industrial Development Fund. Funds will be used to organize the stamping of about 120 car body and cabin parts. Serial production is scheduled to start in the second quarter of 2025. Total production volume for the needs of Sollers Atlant and Sollers Argo models will be up to 40 thousand sets pe...