Stock market news

Polyus

Polyus' IFRS net profit for 2023 amounted to ₽151.39 billion, up 36.2% from ₽111.19 billion in the previous year. Revenue rose 59.7% to ₽469.61 billion against ₽294.07 billion a year earlier.

Samolet Group of Companies

Developer Samolet will build 90 thousand square meters of housing in the town of Kola, Murmansk Region. Investments in the project will amount to about ₽9 billion. Company became the first developer to enter the Murmansk region after a multi-year pause in housing construction in the region. At the end of 2023, Murmansk ranked last, 100th in the rating of cit...

United Aircraft Corporation

Serial production of MS-21 passenger airplanes will not start in 2024, as previously expected, Rostec CEO Sergey Chemezov said. According to him, the production will most likely be postponed to 2025 or maybe even 2026. In late 2023, at a meeting with Russian President Vladimir Putin, the head of Rostec said that 18 MS-21 airplanes were in various stages of r...

Inter RAO

Inter RAO acquired 50% of Kashirskaya TPP from Mordashov's structure for ₽6.4 billion. Group also bought SMTT.High Voltage Solutions for ₽2.4 billion. Company specializes in the design, manufacture and maintenance of power transformers and autotransformers with capacity over 25 MVA and voltage class 110-750 kW.

Inter RAO

Inter RAO Group spent about ₽5.9 billion to acquire two power supply companies from Rosseti. Group bought guaranteed suppliers in Yekaterinburg and the Pskov Region - JSC Yekaterinburgenergosbyt and JSC Pskovenergosbyt. Transactions will increase Inter RAO Group's subscriber base by 3.3% to 19.8 million subscribers. Share of the Group's sales companies in th...

TMK

Pipe Metallurgical Company's IFRS net profit for 2023 amounted to ₽39.38 billion, down 6.1% from ₽41.93 billion in the previous year. Revenue fell 13.5% to ₽544.27 billion against ₽629.19 billion a year earlier.

Inter RAO

Inter RAO's IFRS net profit for 2023 amounted to ₽135.93 billion, up 15.7% from ₽117.45 billion in the previous year. Revenue rose 7.5% to ₽1.36 trillion against ₽1.265 trillion a year earlier.

Europlan

Europlan's IFRS net profit for 2023 amounted to ₽14.796 billion, up 24.4% from ₽11.891 billion in the previous year. Revenue increased 27.5% to ₽30.447 billion compared to ₽23.878 billion a year earlier.

SFI

Europlan's IFRS net profit for 2023 amounted to ₽14.796 billion, up 24.4% from ₽11.891 billion in the previous year. Revenue increased 27.5% to ₽30.447 billion compared to ₽23.878 billion a year earlier.

Rosgosstrakh

Rosgosstrakh's RAS net profit for 2023 amounted to ₽4.952 billion, down 26.5% from ₽6.74 billion in the previous year. Earned insurance premiums rose 0.6% to ₽76.891 billion against ₽76.415 billion a year earlier.