Stock market news

INGRAD

INGRAD's RAS net profit for 6 months of 2024 amounted to ₽451.4 million, up 6.5 times from ₽69.5 million in the previous year. Revenue grew 11 times to ₽8.08 billion against ₽0.75 billion a year earlier.

RUSAL

Rusal's management is preparing a share buyback program, sources told TASS. Appropriate proposal is planned to be submitted to the company's Board of Directors in November this year.

Mosgorlombard

Revenue of Mosgorlombard for 8 months of 2024 amounted to ₽4.2 billion, increasing 4 times compared to last year. Portfolio of collateral loans in the pawnshop direction and commodity balances in resale increased 1.7 times, to ₽1.3 billion. Number of retail customers exceeded 140 thousand people.

Federal Grid Company - Rosseti

Decision on payment of dividends by Russian Grids remains with the government, while the company is focused on the instruction not to pay them, said Andrei Ryumin, head of the company. Company has no additional sources of funds for investment, and capital-intensive projects are very difficult to finance, including in this regard, a decision was made two year...

Yandex

IT company Yandex has been working on various options for entering the outdoor advertising market since spring 2024. Company plans to place outdoor advertising both on its own advertising surfaces and in partnership with other market players in the Digital Out of Home segment, which includes digital billboards on the streets, screens in the subway and intera...

Gazprom Neft

Launch of the gas part of the Chonskoye cluster is scheduled for the end of 2026, said Alexander Dyukov, head of the company. Recoverable reserves of the Vakunayskiy and Tympuchikanskiy sites exceed 110 billion cubic meters of natural gas. At the moment, production drilling of two well pads is underway there. As for the oil part of the cluster, four wells ha...

Ozon Holdings

Ozon launches the first stage of a new logistics complex in Omsk. Investments of the company in equipment and IT-infrastructure of its own development exceeded ₽4 billion. The area of the first stage of the facility is 40 thousand square meters by floor. In spring 2025, Ozon will launch the second phase of the fullfillment center and double its total area. U...

Rusagro

Arbitration Court of the Moscow Region has granted the application of the Russian Ministry of Agriculture to suspend the corporate rights of Cyprus-based RosAgro in the Russian operating company PJSC Rusagro Group.

VTB Bank

VTB has become the owner of the First Freight Company, said the bank's head Andrei Kostin on the sidelines of the Eastern Economic Forum. Deal amounted to ₽200 billion.

Aeroflot

Aeroflot Group may return to the payment of dividends at the end of 2024, the company's CEO Sergey Alexandrovsky said. “Decision on payment will be made by the board of directors on the results of 2024. There is such a possibility,” he said, noting that dividends are a very positive sign for the market, especially for shareholders and our main shareholder re...