Stock market news

VTB Bank

VTB has asked the Russian president to support the transfer and subsequent sale of 13 agricultural companies in Krasnodar Krai worth 5.5 billion rubles, previously confiscated from former official Vitaly Ochkalasov’s family. The assets include 12,200 hectares of farmland, equipment, and property. VTB plans to integrate them into its existing Labinsky agrohol...

X5 Group

X5 Retail Group has begun testing its new meal subscription service “Smart Rations.” The pilot will launch in late October 2025 in a southern Moscow district served by one of the company’s dark stores. The weekly menu will feature X5’s ready-made meals. The retailer will decide on further rollout based on test results.

M.Video

M.Video shareholders approved an additional share issue of up to 1.5 billion ordinary shares through an open subscription, replacing the previously planned private issue of 500 million shares. The final price and volume will be market-driven, with key placement stages expected by year-end 2025. Proceeds will be used to reduce debt and support business growth...

NOVATEK

Novatek reported a 0.8% year-on-year increase in hydrocarbon production to 498.1 million barrels of oil equivalent for the first nine months of 2025, including 62.66 bcm of gas and 10.44 million tonnes of liquids. Gas sales declined by 0.6% to 55.8 bcm, while liquid hydrocarbon sales rose by 12.3% to 13.7 million tonnes. Processing of de-ethanized condensate...

Svetofor Group

The Board of Directors of Svetofor Group recommended paying dividends based on the results of 2024 in the amount of 0.1 rubles per ordinary share and 4.2 rubles per preferred share. The last day of purchase of securities for receiving dividends is December 29, 2025. The dividend yield on ordinary shares may be 0.75%, and on preferred shares — 13.42%.

MMC Norilsk Nickel

Nornickel CEO Vladimir Potanin told the Russian president that the company fully covers the country’s demand for rare metals, including platinum group metals and gold. Surplus volumes are exported. Despite lower global prices and logistical challenges, Nornickel maintains its leadership in nickel and PGM production and keeps output stable.

IVA Technologies

IVA Technologies plans to capture 20–25% of Russia’s corporate email server market by 2028, which J’son & Partners Consulting estimates will reach 21 billion rubles. The company targets growth through its IVA Mail platform, developed as a Microsoft Exchange replacement, with about 1 billion rubles invested in R&D. The market is expected to expand at an avera...

O'Key Group

Russia’s Federal Antimonopoly Service approved Zemun LLC’s request to acquire a 99% stake in RBF Retail LLC, owned by managers of the O’Key hypermarket chain. Upon completion, the buyer will gain indirect control over the network. The decision follows O’Key Group’s 2024 plan to sell its hypermarket business to management as part of ongoing restructuring.

Whoosh

Whoosh released its operating results for the first nine months of 2025, showing a 15% year-on-year increase in fleet size to 245,000 units and a 23% rise in accounts to 32.7 million. Total rides declined by 7% year-on-year, with a recovery trend versus the first half. In Latin America, rides grew 2.4 times to 8.4 million, and users increased by 116%. The co...

PIK-specialized developer

The Moscow Exchange has given developer PIK until April 2026 to address comments on its dividend policy. Earlier, the company canceled its rule requiring payment of at least 30% of IFRS net profit as dividends and said it had no plans to resume payouts soon. Following the cancellation, the exchange found PIK shares non-compliant with top-tier listing require...