Stock market news

Rusagro

Rusagro plans to return to dividend payments at the first opportunity and possibly pay dividends for previous years. "Part of the cash that was accumulated, it was still used for the same M&A deals, business development. But this does not cancel the fact that by the time when the opportunity to distribute dividends arises, we will have accumulated enough cac...

Rosneft Oil Company

Rosneft started natural gas production at a new well pad at the Suzunskoye field as part of the Vostok Oil project. Daily production volume is about 1.8 mln cubic meters of gas. After the necessary treatment, the produced gas is sent via a 79 km long interfield gas pipeline to the Vankor production area. To date, more than 46 billion cubic meters of marketab...

Rusolovo

Rusolovo completed work on core drilling at the Pyrkakayskie Shtokverki tin deposit in the amount of 5 thousand linear meters. Now the core material has been sent for sample preparation. Then samples for analytical studies will be sent to the research laboratory in Chita. Pyrkakai stockworks is one of the world's largest tin deposits with reserves of 243 tho...

SmartTechGroup (CarMoney)

CarMoney's IFRS net profit for 6 months of 2023 amounted to ₽239.25 million, up 20.6% from ₽198.45 million in the previous year. Net interest income rose 23.6% to ₽1.161 billion against ₽0.939 billion a year earlier.

Ozon Holdings

Uzcharmsanoat Association is negotiating with online retailer Ozon to establish a logistics center in Uzbekistan. According to the association's calculations, it will be possible to sell leather goods and footwear to Russian retail chains and enterprises through the logistics center to be created.

GAZ

GAZ and Volgabus are planning to launch serial production of tourist buses in Q1 2024, Russian Minister of Trade and Industry Denis Manturov said. Now pre-production samples of buses are already undergoing certification.

Positive Technologies Group

Positive Technologies and Rostec State Corporation have agreed to jointly develop integrated IT solutions for information security. Agreement provides for technological partnership and exchange of expertise for the development of the Russian PT Next Generation Firewall, which will be tested on Rostec's infrastructure.

Sollers

Sollers has started organizing transmission production at the site of Zavolzhsky Motor Plant. Serial production of 6-speed manual transmission will be launched in the second quarter of 2024. Total production in 2024 will be 7,000 units and will be increased to 50,000 units per year thereafter. New MKPPs will be installed on the model range of Sollers light c...

Cian

Cian's IFRS net profit for 6 months of 2023 was ₽615 million, against a loss of ₽389 million in the previous year. Revenue rose 39.4% to ₽5.063 billion versus ₽3.631 billion a year earlier.

Cherkizovo Group

Cherkizovo Group intends by 2027 to increase live-weight broiler meat production at its facilities in Bashkiria to 123,000 tons, which is 1.9 times more than in 2022. As early as next year, total poultry meat production will increase by 28,000 tons to reach 97,000 tons per year.