Stock market news

Rushydro

RusHydro and Avtodor-Development signed an agreement to develop a network of charging complexes for electric vehicles on Avtodor's high-speed roads. First two complexes will be located at the 378th kilometer of the M-11 Neva highway. In addition to RusHydro's super-fast charging stations, each complex will provide motorists with a number of related services:...

Astra

Astra's RAS loss for 2023 amounted to ₽90.18 million, up 32 times from ₽2.83 million in the previous year. Revenue increased 16-fold to ₽163.53 million compared to ₽10 million a year earlier.

Magnit

Magnit's RAS net profit for 2023 amounted to ₽93.338 billion, a multiple of ₽0.272 billion compared to ₽0.272 billion in the previous year. Revenue fell 21.7% to ₽558.67 million against ₽713.12 million a year earlier.

Seligdar

Seligdar Holding is planning to install a second ore heat treatment unit at the Samolazovsky production complex in Yakutia with a furnace capacity of 290 thousand tons of annealed ore per year. Thus, the heat treatment capacity of Samolazovsky will increase to 400 thousand tons of annealed ore per year. In addition, finished public discussions of the Samolaz...

IC Russ-Invest

Russ-Invest IK RAS net profit for 2023 amounted to ₽311.93 million, against a loss of ₽499.77 million in the previous year. Trading and investment income amounted to ₽591.57 million, against a loss of ₽402.38 million a year earlier.

Genetico

Genetiko's loss amounted to ₽35.17 million, down 54.9% from ₽77.97 million in the previous year. Revenue increased 10.7% to ₽346.1 million from ₽312.6 million a year earlier.

Nebius Group

IT company Yandex has introduced a new generation of neural networks. YaGPT 3 is available in two versions - YandexGPT 3 Pro, which will be useful for solving business problems and is already available via Yandex Cloud, and YandexGPT 3 for a wider audience. Third generation answers queries better than the second generation 67% of the time. Quality of respons...

Rosneft Oil Company

Rosneft's Kuibyshev refinery was forced to shut down both primary refining units after a fire, halting production completely, sources told Reuters. Drone damage to the AVT-5 primary unit, with a capacity of 9,500 tons per day, halted operations. However, the refinery was then forced to shut down a second primary refining unit, the 10,500 tons per day AVT-4,...

Sistema

Number of hotel bookings in Cosmos Hotel Group chain in Russia since early spring 2024 increased 1.5 times and exceeded last year's figures by 20%. Demand growth for family rooms amounted to 40% year-on-year, for premium room categories - 10%. Number of bookings at hotels with health programs for adults and children increased by more than 25%.

Rostelecom

Government plans to purchase 1.1 million Aurora OS-based tablets for teachers, doctors, emergency services and police officers in 2025-2030, sources told Forbes. For the purchase of the gadgets, almost ₽50 billion will be allocated, and this amount includes the cost of their maintenance.