Stock market news

Nebius Group

IT company Yandex will start launching new consumer electronics brands on foreign markets. Coordination of the development of new device brands will be handled by Sergey Melnik, who has been working at Yandex for more than 15 years in management positions in various areas. Currently, Yandex's line of smart devices is represented by smart speakers with Alice,...

Rusagro

Rusagro Group became the sole shareholder of JSC Tuapse Plant of Reinforced Concrete Products, in which it had held a stake since 2022. Now the plant is not operating. RusAgro is not yet ready to talk about the asset's future fate. However, the Kommersant newspaper reported in March 2023 on RusAgro's plans to build a terminal for exporting vegetable oils in...

Sberbank

Sberbank has begun work on artificial intelligence for humanoid robots. It will be based on a large multimodal neural network. It will be subject to basic models of navigation, manipulation and movement planning. Robot training is part of a project to create Sber's own anthropomorphic robot.

KAMAZ

Kamaz Autoconcern will produce 12 more unmanned vehicles for cargo transportation along the M-11 Neva highway by September 2024. Now 9 unmanned trucks are being tested on the M-11 highway: 6 from Kamaz and 3 from Sberavtotekh. By the end of the year their total number is planned to increase to 43.

Abrau-Durso

Abrau-Durso company launched production of grape vodka under the brand 7 Vines at the winery Sheki Sharab in Azerbaijan. Total output is 100 thousand bottles of 0.5 and 0.7 liters. Novelty is already presented in branded boutiques of Atelier of Wine in Moscow. Soon it will appear in the leading federal retail chains.

M.Video

M.Video-Eldorado forecasts EBITDA of more than ₽21 billion for 2023. Net debt/EBITDA ratio will be less than 3.3.

Crystal

Kristall Plant has set the IPO offering price at ₽9.5, which is in line with the upper end of its price range of ₽8-9.5 per share. Company is placing 125 million shares for ₽1.188 billion to fund a replacement strategy for Western liquor producers that have left Russia. Thus, the entire company is valued at ₽8.79 billion. Kristall Group intends to increase r...

Rushydro

RusHydro's RAS net profit for 2023 amounted to ₽32.67 billion, up 25.7% from ₽25.99 billion in the previous year. Revenue increased by 8.6% to ₽216.83 billion against ₽199.58 billion a year earlier.

SFI

Europlan leasing company may conduct an IPO on the Moscow Exchange in the spring in the amount of 10-15 billion, sources told Reuters and confirmed by Frank Media's interlocutors. Deal will take place in cash-out format. Now the company is technically ready for placement, but the window of opportunity for placement in January-February is occupied.

Europlan

Europlan leasing company may conduct an IPO on the Moscow Exchange in the spring in the amount of 10-15 billion, sources told Reuters and confirmed by Frank Media's interlocutors. Deal will take place in cash-out format. Now the company is technically ready for placement, but the window of opportunity for placement in January-February is occupied.