Stock market news

Seligdar

At the gold extraction plant of the Ryabinovy production complex, the third contact vat for pre-cyanidation was launched, which allowed to increase the cyanidation and sorption time at the plant by 12 hours and maintain the maximum level of gold recovery at 90%. In addition, thanks to the installation of the third vat, the plant's productivity from next year...

M.Video

M.Video-Eldorado Group's marketplace is testing the delivery of goods from neighboring countries. So far, several sellers from Kazakhstan are participating in the pilot project. M.Video-Eldorado Marketplace operates on a 3P model - sales by commission. Currently, the site cooperates with more than 700 suppliers. Marketplace expects that by the end of the yea...

Sistema

Cosmos Hotel Group will organize VIP-tours both within Russia and in the CIS countries, South Africa, Namibia, Morocco, Tanzania, China, etc. The programs themselves involve helicopter tours, heliskiing, hunting, fishing, etc. VIP-tours in the segment of organized travel are usually package offers, where the cost is about $20,000-25,000 for two people. Compa...

Sistema

Sitronics Group plans to create a high-speed electric-powered vessel for long-distance transportation, including intercity transportation, said Nikolai Pozhidaev, president of the group. Earlier Sitronics Group tested Russia's first hydrogen-powered electric vessel prototype in the waters of the Neva River. Company reported that the technology will increase...

OGK-2

OGK-2's power plants for 9 months of 2023 generated 38.5 bln kW⋅h, which is 7.5% higher than a year earlier. Change in production volumes was due to increased demand for generating equipment. Heat supply amounted to 3.513 mln Gcal, having increased by 1.15% as compared to the same period of the previous year. Main reason for the increase was the growth of st...

X5 Group

X5 Retail Group launched a distribution center of the Pyatyorochka retail chain in the Orenburg region. Logistics complex with the area of 32 000 square meters includes 6 storage zones: dry and alcoholic warehouses, zones for storing fresh category products, frozen products, caviar, as well as fruits and vegetables. After reaching full capacity, the distribu...

Rostelecom

Rostelekom's partner in the project to build the new TransEurAsian fiber-optic communication line TEA Next became Alfa Bank. At the beginning of August, VEB Ventures, a venture fund of VEB.RF, withdrew from the Atlas project, established at the end of 2021 for the construction of the communication line. Now 49.99% in the operator of the TEA Next project - At...

Chelyabinsk Iron and Steel Works

Chelyabinsk Metallurgical Plant's RAS loss for 9 months of 2023 amounted to ₽1.492 billion, against a profit of ₽23.784 billion in the previous year. Revenue fell 10.4% to ₽119.07 billion against ₽132.84 billion a year earlier.

Delta Air Lines

Delta Air Lines' GAAP net income for 9 months of 2023 was $2.572 billion, up 5.3 times from $0.489 billion in the prior year. Revenue increased 18% to $43.825 billion from $37.147 billion a year earlier.

Uralskaya Kuznitsa

Ural Forge's RAS net profit for 9 months of 2023 amounted to ₽4.054 billion, down 2% from ₽4.135 billion in the previous year. Revenue declined 4.6% to ₽15.576 billion against ₽16.333 billion a year earlier.