Stock market news

VTB Bank

VTB has laid down in its new three-year strategy the growth of net profit to a record ₽646 billion in 2026, a market source familiar with the document told Interfax. Return on equity at the end of 2026 the bank expects 19%, and the ratio of income to expenses - 35%.

Samolet Group of Companies

Developer Samolet will build its first residential complex in the Arctic zone in the town of Kola in the Murmansk region. Living area of the complex will amount to almost 90 thousand square meters. Investments in the project will amount to about ₽9 billion.

Alrosa

Alrosa produced 34.6 million carats of diamonds in 2023. Production plan for the current year was fulfilled by 100%. However, the production volume in 2023 decreased by 3% compared to 35.6 million carats in 2022.

Rostelecom

Rostelecom acquired 51% of Media Service LLC, which designs, develops and professionally promotes information systems for cultural, creative and educational spheres. Company promotes its own cloud solutions and partner projects for regional and federal authorities, cultural organizations, tourist, sports and educational institutions.

VTB Bank

VTB management discussed with the Supervisory Board the first dividend payment after a multi-year break. Bank may allocate up to ₽80 bln for dividend payments at the end of 2025, said the first deputy chairman of the state bank, Dmitry Pyanov. However, the top manager did not disclose the conditions necessary for the payment to take place, promising to revea...

VTB Bank

VTB's IFRS net profit amounted to ₽14.7 billion in November 2023 and ₽417.5 billion YTD. Net interest income in November amounted to ₽64.9 billion and ₽699.8 billion in the first 11 months of 2023.

LUKOIL

Lukoil received licenses for exploration and production of hydrocarbons at the Khazri field and the Maganov field in the Caspian Sea. Reserves of the Maganov field, which was discovered at the Titonskaya structure, amount to 8.4 million tons of oil, 136 billion cubic meters of gas and 24.4 million tons of condensate. Reserves of the Khazri field, which is lo...

Phosagro

Phosagro's Board of Directors has approved next year's budget, according to which the company's capital expenditures will total a record ₽73 billion. This is 9% higher than the ₽67 billion planned for 2023.

NOVATEK

Novatek has sent force majeure notices to buyers for future liquefied natural gas supplies from Arctic LNG 2, sources told Reuters. Arctic LNG 2 project envisages the construction of three LNG production stages with a capacity of 6.6 million tons per year. First of them was planned to be launched by the end of the year, and shipments were to start in January...

MOEX Group (Moscow Exchange)

Moscow Exchange is adding 13 new shares to the OTC market with CC from December 22. Shares of RBT, Sintez and Rosneft-Smolensknefteprodukt, Saratovnefteprodukt, Elektropribor, Agrofirma Mtsenskaya, BESK, Vyshnevolotsk MDOK and Dorogobuzh ordinary shares will become available to investors. Thus, the total number of unlisted securities available for deals will...