Stock market news

LSR Group

LSR acquires a three-star Ibis hotel on Ligovsky Prospekt in St. Petersburg and a neighboring building of a future hotel under construction, according to a report on the evaluation of the developer's real estate portfolio. New assets are valued at ₽2.66 billion. Timing of the deal closing and further plans for the use of new assets in LSR refused to comment.

Rosseti Moscow Region

Rosseti Moscow Region's RAS net profit for 2024 amounted to ₽19.2 billion, down 1% from ₽19.4 billion in the previous year. Revenue increased by 8.6% to ₽247.7 billion against ₽228 billion a year earlier.

Rosseti Moscow Region

Rosseti Moscow Region's IFRS net profit for 2024 amounted to ₽13.6 billion, down twofold from ₽26.3 billion in the previous year. Revenue grew by 8.6% to ₽249 billion against ₽229.3 billion a year earlier.

Novorossiysk Bakery Products Plant

Novorossiysk Bakery Products Combine's RAS net profit for 2024 amounted to ₽6.32 billion, up 27.4% from ₽4.96 billion in the previous year. Revenue rose 12.5% to ₽11.13 billion against ₽9.89 billion a year earlier.

Whoosh

Closed-end mutual fund Pre-IPO Fund 1, an early stage investor, in Q1 2025, completed a planned exit from Whoosh. Strategy was designed for a target holding period of 3-4 years for the portfolio asset. Over the four-year period, the asset's growth in value allowed the fund to generate 5.7 times the amount invested.

Pre-IPO

Closed-end mutual fund Pre-AIPO Fund 1, an early stage investor, in Q1 2025, completed a planned exit from Whoosh. Strategy was designed for a target holding period of 3-4 years for the portfolio asset. Over the four-year period, the asset's growth in value allowed the fund to generate 5.7 times the amount invested.

M.Video

M.Video-Eldorado Group, together with the financial marketplace Banki.ru, launched a service for online registration of insurance policies in M.Video and Eldorado mobile applications. Clients of the network were able to issue MTPL, CASCO and mortgage insurance policies, as well as more than 80 types of other insurance policies. Among them are various insuran...

Gazprom gazoraspredelenie Smolensk

Gazprom Gazoraspredelenie Smolensk's RAS loss for 2024 amounted to ₽68.13 million, against a profit of ₽106.82 million in the previous year. Revenue increased 3.2% to ₽2.26 billion against ₽2.19 billion a year earlier.

Fix Price Group

Fix Price plans to open several stores in Serbia by the end of 2025. This will be the company's first attempt to develop the European market. Retailer currently operates in the UAE, Mongolia and a number of post-Soviet republics. Discounter format developed by Fix Price is very popular in Serbia, but almost all niches in the country's retail market have been...

Rosseti Ural

Rosseti Ural's RAS net profit for 2024 amounted to ₽14.3 billion, up 10.9% from ₽12.9 billion in the previous year. Revenue rose 8.2% to ₽113.96 billion versus ₽105.28 billion a year earlier.