Stock market news

Severstal

Arbitration Court of Moscow recognized the FAS prescription and the antimonopoly service's fine against Severstal as lawful. In September 2022, the company was ordered to pay a fine of ₽8.7 billion for collusion with NLMK and MMK to maintain a monopolistically high price for hot-rolled flat products on the domestic market.

Mosenergo

Mosenergo's power plants in 2023 generated 63.02 bln kWh of electricity, which is 0.8% more than 62.51 bln kWh a year earlier. Heat supply decreased by 4.6%, amounting to 81.49 mln Gcal. Decrease in heat supply was due to high outdoor air temperature in April-May 2023 and shortened duration of the 2022-2023 heating season, as well as the late start of the 20...

Nebius Group

Yandex's video, image and text generation service Shedevrum took the third place in the global rating of State of Mobile 2024 and became one of the three leading global applications with generative AI along with ChatGPT and Character.ai Rating is based on three parameters: the number of downloads, user activity and user ratings. Yandex's service received 95...

Far-Eastern Shipping Company

Fesco Transportation Group increased the volume of cabotage in the Far East by 5% to 88 thousand TEU in 2023. Transportation via the Sea Line between Vladivostok and Sakhalin increased by 19% to 35 thousand TEUs. Service between Vladivostok and Kamchatka carried more than 20 thousand TEUs. Growth amounted to 6%. In addition, in February 2023, the company's f...

Magnit

Retailer Magnit launched the first pharmacy in a renewed concept in Moscow. In the near future, four more renovated pharmacies will start operating in Moscow and the Moscow region. New format provides redesign and expansion of the sales area, updating equipment, entrance group and communication inside the pharmacies. In the outlets there will be a separate a...

RUSAL

Aluminum producer Rusal became the owner of 79.9951% of JSC Timan Bauxite. Company is a supplier of bauxite for Rusal's Ural Aluminum Smelter and is managed by Rusal Management Management Company.

Artgen

Artgen Biotech's EBITDA for 9 months of 2023 amounted to ₽209.72 million, up 67.7% from ₽125.02 million in the previous year. Revenue increased 17.9% to ₽963.98 million against ₽817.89 million a year earlier.

Sistema

Cosmos Hotel Group plans to occupy 15-20% of the Russian hotel market by 2026. Now the company's share is about 10%. Cosmos Hotel's revenue in 9 months of 2023 reached up to ₽9.1 billion, increasing 2.3 times. OIBDA in 3.4 times, up to ₽3.3 billion. Average annual occupancy of the company's hotels in 2023 amounted to 59%.

Whoosh

One of the main points of Whoosh's program for 2024 is to increase the service's coverage density in all cities where it operates. Last season in Moscow, there were 50 scooters per square kilometer of all kickshare operators, and Whoosh's coverage density in the capital amounted to 18 scooters per square kilometer. Target value for the company is 40 units pe...

VTB Bank

VTB plans to launch the VTB Pay payment application and expand the VTB ID service this year, VTB Deputy Chairman of the Management Board Georgy Gorshkov said. VTB Pay application will combine all payment technologies available to customers, including the necessary variety of QR-payments. In addition, VTB will work with the Bank of Russia to introduce a singl...