Stock market news

KAMAZ

Kamaz plans to introduce a hydrogen electric bus based on components from Russia and friendly countries in 2024. Now the process of forming a new component base is underway. First hydrogen passenger bus was presented by the company in 2021.

Alrosa

Alrosa-Gaz will build a comprehensive gas treatment unit at the Srednebotuobinskoye oil and gas condensate field to supply gas to Inter RAO's Novolenskaya TPP. Commissioning is planned for 2027. Unit capacity will be 4 million cubic meters per day. Cost of the new unit is estimated at more than ₽10 billion. Company also plans to spend another ₽8.6 billion on...

Samaraenergo

Samaraenergo's IFRS net profit for 6 months of 2023 amounted to ₽917.53 million, up 2.3 times from ₽401.23 million in the previous year. Revenue rose 12.3% to ₽22.329 billion against ₽19.876 billion a year earlier.

Nebius Group

IT company Yandex will launch a virtual assistant in Kazakhstan. By the end of 2023, the Kazakh-language voice assistant Alice will be available in Yandex Browser on computers, smartphones and in the mobile application. Company has already launched search services, maps and navigation in Kazakh language. Since the beginning of this year, the local audience o...

KuibyshevAzot

KuibyshevAzot launched a new ammonium nitrate granulation and evaporation unit. Project was implemented using Russian technologies licensed by the State Institute of Nitrogen Industry. In addition, 90% of the installed process equipment is from domestic suppliers. Unit has no analogues in Russia in terms of unit design capacity, which is 2,300 tons per day....

Nebius Group

Online booking service Yandex Travel has become the leader among aggregators for hotel search in summer 2023, overtaking Ostrovok.ru in terms of share, follows from the data of the TravelLine platform for hotel business. Over the year, the Yandex Travel service has almost doubled its share of bookings - from 8.1% last summer to 15% in June-August 2023. Howev...

Aeroflot

Aeroflot Group settled relations with AerCap, an Irish lessor, over the operation of 18 aircraft and 5 aircraft engines. Title to the aircraft and engines was transferred to NSC Insurance Company, which paid the settlement amount. Negotiations on settlement of claims with other lessors of foreign aircraft continue.

RUSAL

Viktor Vekselberg's Sual Partners has filed a ₽74 billion lawsuit against Rusal's board of directors, according to a case file. There are no other details in the case file. Earlier, it was reported that Sual plans to take the company to court over the actions or rather inaction of the board of directors when the company made unprofitable deals to hedge alumi...

Sistema

Cosmos Hotel became an owner in Ibis Pskov LLC, which earlier announced the construction of a three-star hotel with 120 rooms in Pskov. Amount of the deal is not disclosed. Managing partner of Ivashkevich Hospitality Stanislav Ivashkevich assumes that the cost of the project company was not high - about ₽100 mln. Another ₽1,2-1,5 bln. will have to be investe...

OGK-2

Board of Directors of OGK-2 has called an extraordinary meeting of shareholders for October 10 to decide on placement of additional issue of 48.28 billion shares. Securities are planned to be placed by closed subscription with payment both in cash and by offsetting of counterclaims. Price of placement and the range of potential buyers have not been determine...