Stock market news

KAMAZ

Auto concern Kamaz plans to produce more than 42 thousand cars in 2023, and in 2024 it is planned to increase the production volume to 45 thousand cars, said Natalia Kropotova, deputy head of the executive committee of Naberezhnye Chelny. A representative of Kamaz declined to comment, noting that the company has not yet approved a business plan for next year...

Magnit

Retailer Magnit has begun testing the format of mini-markets at home. Area of such outlets - from 80 to 100 square meters, which is three times smaller than the standard stores of the network. Assortment of retail outlets will have 1300-1600 items. Retailer has already opened three mini-markets in Moscow and Moscow region under the name Magnit near. Such out...

SPB Exchange

SPB Exchange started preparations for the exchange of blocked assets of Russian investors in accordance with President Vladimir Putin's decree No. 844, which assumes that non-residents will be able to buy foreign securities from Russians with funds from C-type accounts. Trading platform lifted the ban on transferring securities between non-trading sections,...

Nebius Group

Service Yandex.Music launches the function of donations for artists. Commission will not be deducted from such contributions by the platform. In addition, for the release of new content, the service will double the remuneration of musicians at its own expense. In 2024, about ₽100 million will be allocated for these purposes.

M.Video

M.Video-Eldorado chain started rebranding of M.Video stores by changing the chain's logo, says group's main managing director Sergey Lee in a big interview with RBC. In the new logo, the letter "M", the shape of which has not changed since 1994, will become larger, the letters in the word "video" will be capitalized, their font - printed, not handwritten, as...

Alrosa

Diamond mining company Alrosa is studying the possibility of issuing digital financial assets for unique diamonds, said Sergey Takhiev, head of the company's corporate finance department. Project is still at the stage of idea formation. Diamonds have more complex pricing than commodities, so it is very difficult to tokenize the entire product line, the top m...

Positive Technologies Group

Retailer Magnit implemented PT Application Firewall to protect its web resources from cyberattacks. Advantages of PT Application Firewall over alternative solutions are support for cloud environments, flexibility in the implementation of complex protection scenarios, customizable to customer requirements, as well as the optimality of computing power consumpt...

LUKOIL

Shareholders of LUKOIL approved dividends for 9 months 2023 in the amount of ₽447 per ordinary share. The last day of purchase of securities to receive dividends is December 14, 2023. Dividend yield may amount to 6.21%.

Rusagro

Rusagro Group has completed a project to expand the capacity of its oil extraction plant in Balakovo from 1,800 to 2,400 tons of sunflower seeds per day. Annual processing volume will be up to 800 thousand tons of sunflower seeds. Technical re-equipment of the Balakovo MEZ is one of the most ambitious projects in Rusagro's oil and fats business segment. Its...

Far-Eastern Shipping Company

Fesco has agreed with SP-ITC Marine Container Terminal at Ho Chi Minh Port in Vietnam to expand cooperation in container transportation between Russia and Southeast Asian countries. Companies started cooperation last spring when the regular FESCO VIETNAM DIRECT LINE was launched. Since then, the service has already transported more than 30 thousand TEU betwe...