Stock market news

MOEX Group (Moscow Exchange)

Moscow Exchange is negotiating the purchase of a stake in the banking product selection service Banki.ru, but may refuse the deal because of the high price, besides, several members of the trading floor's board of directors have opposed it, sources told Frank Media. Idea to buy the service belongs to the head of the marketplace Finuservices Igor Alutin. This...

Rosneft Oil Company

Specialists of Rosneft's research institute in Ufa have developed an innovative technology of multi-stage hydraulic fracturing for ultra-low permeability rocks. New technology will make it possible to increase the productivity of wells at fields with complex geological structure by 2-3 times. For example, after the technology was applied to two wells in the...

Tambov Energy Supply Company

Tambov Power Supply Company's IFRS net profit for 6 months of 2023 amounted to ₽154.28 million, up 16.7% from ₽132.21 million in the previous year. Revenue declined 0.9% to ₽3.039 billion against ₽3.067 billion a year earlier.

Rostelecom

Rostelecom's venture fund has become the owner of 35.17% in fintech startup Fazum, according to SPARK-Interfax data. Operator announced investment in Fazum in early August, the amount of investment, as well as the share that the company was going to get as a result, were not named. Startup is developing a platform of more than 300 services to automate bankin...

NOVATEK

Board of Directors of NOVATEK recommended that dividends be paid for 6 months 2023 in the amount of ₽34.5 per ordinary share. The last day of the purchase of securities to receive dividends is October 9, 2023. Dividend yield may amount to 2.06%.

Kostroma power sales Company

Kostroma Sales Company's IFRS net profit for 6 months of 2023 amounted to ₽30.771 million, down twofold from ₽64.562 million in the previous year. Revenue increased 12.5% to ₽5.481 billion against ₽4.87 billion a year earlier.

Novorossiysk Bakery Products Plant

Novorossiysk Combinat Hleboproducts' IFRS net profit for 6 months of 2023 amounted to ₽2.452 billion, up 5 times from ₽0.501 billion in the previous year. Revenue increased 2.6 times to ₽4.476 billion against ₽1.696 billion a year earlier.

Cherkizovo Group

Cherkizovo Group acquired about 10,000 hectares of agricultural land in the Tula Region. Earlier it was reported that a plant for processing slaughter by-products is planned to be built in the Vostochny village of Efremov in the Tula Region. Project will be realized in 2024. Investment volume will amount to about ₽4 billion.

Tomsk Switching Company

Tomsk Distribution Company's IFRS net profit for 6 months of 2023 amounted to ₽358.5 million, up 2.2 times from ₽164.96 million in the previous year. Revenue rose 17.7% to ₽4.737 billion against ₽4.026 billion a year earlier.

Rosseti Siberia

Rosseti Siberia's IFRS net profit for 6 months of 2023 amounted to ₽607 million, against a loss of ₽891.44 million in the previous year. Revenue increased by 7.8% to ₽35.078 billion versus ₽32.552 billion a year earlier.