Stock market news

Sollers

Sollers launches at the former Mazda-Sollers site in Vladivostok the production of ST6 pickup trucks - it is a licensed copy of the Chinese frame pickup JAC T6. Vehicle is equipped with all-wheel drive transmission with manual gearbox. Company plans to produce two versions of the pickup: with a two-liter diesel and gasoline engine.

PIK-specialized developer

PIK will build a 340,000 square meter industrial park on 83 hectares of land near Kuvekino village acquired in August 2021. Construction will begin in the fourth quarter of 2023, and completion of the first stage of the project is scheduled for the fourth quarter of 2024. In addition, the developer plans to implement projects to build industrial parks in all...

KAMAZ

Kamaz Autoconcern will start test operation of a hydrogen bus in Naberezhnye Chelny, the location of a hydrogen refueling station in the city has been approved. Next station is planned in Kazan. To date, there are no hydrogen refueling stations in Russia, except for a pilot one in Chernogolovka, Moscow Region. In addition, in 2024, Kamaz plans to introduce a...

Ozon Holdings

Ozon launched a warehouse complex in Khabarovsk, which became the largest in the region and the first in the federal district. In the 47,000 square meter Class A logistics complex, in addition to the main warehousing area, there is an office block and a fire hazardous goods storage area. Launching a full-field center in Khabarovsk will allow to reduce the ti...

Rostelecom

Government directive on Rostelecom's dividends for 2022 should be received by the company soon, it is under approval by the Cabinet of Ministers, a source close to the company's Board of Directors told reporters. In August, it was reported that the Ministry of Finance supported the payment of dividends by Rostelecom for 2022 in the amount comparable to the v...

Nebius Group

International part of Yandex has opened a division for the development of unmanned vehicles in Austin, Texas, two sources inside the company told Forbes. It will work under the Avride brand and develop drones in foreign markets. Under this, the company intends to attract investment. Yandex declined to comment.

X5 Group

X5 Retail Group opened the 1000th discounter Chizhik. Store with an area of almost 350 square meters was opened in Krasnodar. Assortment of the anniversary Chizhik includes about 700 products, more than 400 of which are unique brands of the chain. X5 Retail Group started to develop a network of discounters in 2021. Within two years the stores appeared in mor...

Nebius Group

IT company Yandex intends to introduce its products using the YandexGPT neural network in Arabic in the Middle East in the coming months. In the area of services for companies, Yandex is considering the possibility of developing specialized neural networks and tools for support services in the region. Experts believe that the focus on niche services will all...

KAMAZ

Kamaz Autoconcern plans to start assembling prototypes and testing unmanned buses in 2025-2030. In June 2023, Kamaz unmanned trucks were launched on the M-11 highway to transport commercial cargo. The unmanned vehicles are based on the Kamaz-54901 long-haul tractor. Program goal is to achieve absolute autonomous driving under the control of artificial intell...

Severstal

Severstal currently supplies 90% of its products to the Russian market and 10% to foreign markets. Production capacities of the company are 100% utilized. Previously, Severstal reported that 80% of its products are sold on the Russian market and 20% are exported.