Stock market news

Magnitogorsk Iron and Steel Works

MMK plans to maintain production volumes in 2025 at the level of 2024, said Chairman of the Company's Board of Directors Viktor Rashnikov. In 2024, MMK's steel output is down 13.8% to 11.195 million tons, while sales are down 9.8% to 10.622 million tons.

Crystal

KLVZ Kristall invested ₽954.4 million in production development during the year, which the company raised in the course of its IPO. Most significant investments were made to install three new bottling lines and modernize equipment, which doubled the capacity of the plant, as well as to launch production of low-alcohol and carbonated products. Full return on...

Genetico

Genetico has received a patent for a panel developed by the company to search for somatic mutations in a tumor using the Onconetix next-generation sequencing method. Panel allows oncologists to obtain the most complete information about point mutations in the tumor to select an effective target therapy for cancer individually for each patient, taking into ac...

United Aircraft Corporation

UAC shareholders approved an increase in its authorized capital by placing 2.018 trillion additional shares by private subscription in favor of Rostec, Rosimushchestvo and VEB.RF. Price of the securities offering will be determined later.

Inter RAO

Inter RAO's IFRS net profit for 2024 amounted to ₽147.5 billion, up 8.5% from ₽135.9 billion in the previous year. Revenue increased 14% to ₽1.55 trillion compared to ₽1.36 trillion a year earlier.

Alrosa

Alrosa's IFRS net profit for 2024 amounted to ₽19.3 billion, down 4.4 times from ₽85.2 billion in the previous year. Revenue fell 25.9% to ₽239.07 billion against ₽322.57 billion a year earlier.

Renaissance Insurance

Renaissance Insurance's RAS net profit for 2024 amounted to ₽10.9 billion, up 32.8% from ₽8.21 billion in the previous year. Earned insurance premiums rose 17.2% to ₽67.08 billion compared to ₽57.23 billion a year earlier.

MOEX Group (Moscow Exchange)

Moscow Exchange plans to launch weekend trading in full-fledged mode from July 5, 2025. From that date, investors will have access to transactions in units of mutual funds and contracts on the derivatives market, with the exception of foreign exchange contracts.

Vanino Port

Net profit of JSC Port Vanino under RAS for 2024 amounted to ₽1.14 billion, down 11.6% from ₽1.29 billion in the previous year. Revenue decreased by 4% to ₽4.8 billion against ₽5 billion a year earlier.

Sollers

Launch of the T9 pickup truck production at Sollers' plant in Ulyanovsk is planned to start in June-July 2025, said sales director of Jak Automobile LLC Sergey Sadovenko. In the future, the automaker plans to produce a minivan at its facilities, which is not yet represented in the lineup sold in Russia.