Stock market news

Moscow confectionery factory Krasny Oktyabr

Roskachestvo issued Russia's first official halal certificate. Some of the products of the Krasny Oktyabr confectionery factory have been recognized as halal, including Alenka, Grilyazhnye, Kozinachki with Salt, Bird's Milk, Alenka chocolate and Babaevsky bitter chocolate. According to Roskachestvo, halal confectionery products should not, in particular, co...

MOEX Group (Moscow Exchange)

National Commodity Exchange starts holding exchange commodity auctions for the sale of milk and dairy products. Auction organizer will be EkoNiva Group of Companies. Earlier this year, sugar was added to the list of assets available at commodity auctions. NTB launched commodity auctions in August 2021. First commodity at that time was grain. Then Sodrugestvo...

Fix Price Group

Fix Price receipts have been included in the quotation list of Astana International Exchange. Securities will be traded on the floor since October 17 under ticker FIXP.Y

Samolet Group of Companies

Developer Samolet signed an agreement to purchase MITs Group of Companies. Perimeter of the deal includes 11 projects under design and construction. Acquisition of one of the largest development groups in the Moscow region will strengthen the position of Samolet, and the volume of the company's current construction will grow to 4.2 mln sq.m.

Nebius Group

Yango car ordering service has become available in Ethiopia. Car ordering is still possible only in Addis Ababa, the capital of the country. Yango already works in many countries, including Israel, Norway and Finland, according to its website. In the fall, the service became available in a city in Colombia. According to the company's public data, the service...

Izhstal

Izhstal's RAS net profit for 9 months of 2023 amounted to ₽2.007 billion, down 44.2% from ₽3.597 billion in the previous year. Revenue fell 8.2% to ₽23.261 billion against ₽25.331 billion a year earlier.

Tatneft

Tatneft plans to spend ₽91.2 billion to build a terephthalic acid plant at its TANECO refinery. This plant will supply acid to Ecopat, which the oil company acquired in June 2021. Implementation of the project is scheduled for 10 years. At present, a business plan and financial model of the project have been developed, land plots for construction have been i...

RUSAL

Rusal is struggling to remain stable on the global market following Novelis Europe's decision not to purchase Russian aluminum next year. Prior to Novelis' decision, the most serious negative impact on Rusal's operations was caused by the barrier duties on Russian aluminum imposed by the U.S. authorities, the amount of which reaches 200%. Nevertheless, the c...

OGK-2

Extraordinary meeting of shareholders of OGK-2 to decide on placement of additional issue of 48.28 bln shares. Securities are planned to be placed by private subscription in favor of GEH Engineering LLC, which is part of Gazprom Energoholding. Payment is possible both in cash and by offsetting counterclaims. Price of the share placement has not yet been dete...

INGRAD

Board of Directors of developer Ingrad has prematurely terminated the powers of CEO Sergey Kachura and appointed Pavel Shevchuk in his place for a period of three years. Shevchuk is a member of the company's Board of Directors and previously held senior positions at Sberbank and was First Deputy Chairman of the Management Board of Moscow Credit Bank.