Stock market news

Sistema

Hotel operator Cosmos Hotel Group opened a hotel in a 19th century mansion on Italianskaya Street in St. Petersburg. In the hotel there are five floors with 23 rooms. Total area of the building is 2.7 thousand square meters. m. More than ₽1 bln was invested in the creation of the hotel.

Rostelecom

Rostelecom received 100% of Mango Telecom LLC and M.Developer LLC - companies providing IP-telephony services and software development for corporate communications - as collateral. Experts see in the deal signs of takeover. Analysts estimate Mango Telecom at ₽5-6 billion and note that in case of its transfer to Rostelecom, there will be no large independent...

Mobile TeleSystems

In the second half of 2023, MTS additionally acquired 38% of blockchain platform operator Factorin for ₽662 million. Prior to that, MTS jointly owned 51% of Factorin with investment firm Digital Horizon. Factorin's platform is a blockchain-based financial trading system with a focus on supply chain finance and factoring settlements.

Mobile TeleSystems

MTS' acquisition of 68.8% of the scooter rental service Yurent is worth ₽5 billion. Transaction was announced in January this year. Prior to that, the company owned 11.78% of Jurent. MTS paid ₽740 million for this stake.

Far-Eastern Energy Company

Far East Energy Company's RAS net profit for 2023 amounted to ₽3.3 billion, up 26.9% from ₽2.6 billion in the previous year. Revenue increased 29.3% to ₽156.02 billion against ₽120.7 billion a year earlier.

Mobile TeleSystems

Amount of the deal on sale of MTS business in Armenia amounted to $209.1 mln. The transaction was announced in January 2024. Profit from the sale of the asset is estimated by the company at ₽18.98 billion, and net cash inflow from the disposal at 16.27 billion. The sale of MTS Armenia CJSC and MobiDram CJSC payment system to Fedilco Group of Cyprus was annou...

Inter RAO

Boris Kovalchuk, who has headed Inter RAO for the past 15 years, may leave the company in the near future for a promotion, a Kommersant source said. He may head Gazprom, Rosneft, become deputy prime minister for fuel and energy instead of Alexander Novak, or become governor of St. Petersburg. Inter RAO is likely to be headed by Sergei Dregval, who comes from...

LSR Group

Board of Directors of LSR early terminated the powers of the majority shareholder Andrei Molchanov as CEO of the company. Andrey Molchanov also decided to resign from the Board of Directors. Dmitry Kutuzov was appointed as the new CEO of LSR. He has been working in the group since 2004. In different years he held the positions of Head of the Planning and Eco...

Gazprom Neft

Gazprom Neft started developing the Chonskoye cluster, the largest undeveloped group of areas in Eastern Siberia with geological reserves of over 1.7 billion tons of oil and 500 billion cubic meters of gas. In 2024, Gazprom Neft will drill two high-tech oil wells at the Ignyalinskoye field and six gas condensate wells at the Vakunayskoye and Tympuchikanskoye...

Headhunter

HeadHunter Group plc shareholders will consider the redomiciliation of the company from Cyprus to the Kaliningrad SAR at the annual meeting on March 27.