Stock market news

Element

Element Group of Companies and LETI University of St. Petersburg are establishing a joint venture to develop power electronics and photonic integrated circuits. Series production of the developments will be launched at the facilities of Element's new enterprise in Zelenograd. New enterprise already has its first major customer - Transmashholding, the largest...

VK

Audience of the Russian RuStore app store has approached 40 million users per month, VK head Vladimir Kirienko told SPIEF. In October 2023, the monthly audience was 22.5 million people.

MOEX Group (Moscow Exchange)

Finuservices, a financial marketplace of the Moscow Exchange, is planning to launch the possibility of online purchase of mutual funds on its platform at the end of June, Igor Alutin, Managing Director of Finuservices, said on the sidelines of SPIEF 2024. Marketplace is also negotiating with a number of large companies to place closed bond issues for their e...

Segezha Group

Segezha Group has decided on the approximate parameters of bank debt restructuring, but is not ready to name a specific scheme yet due to the lack of a final decision, Segezha President Mikhail Shamolin said in an interview with Interfax. It is planned to solve the debt problem by the end of 2024. In addition, closer to the third quarter it will become clear...

EN+ Group

En+ Group signed an agreement with the Irkutsk Region to build three power units with a total capacity of 690 MW in the region. Investments in the construction of the new coal-fired generation facility are estimated at ₽331 billion.

Cherkizovo Group

Authorities of the Chelyabinsk Region and Cherkizovo Group have agreed to modernize the company's poultry farms. Poultry meat production is planned to increase by 10.19% by the level of 2023, i.e. up to 80 thousand tons in 2025. Total investments will amount to ₽7.1 billion, of which ₽1.2 billion will be allocated for the construction of treatment facilities...

MOEX Group (Moscow Exchange)

Moscow Exchange and Interfax signed an agreement on cooperation in the development of the market of information and analytical products for exchange and OTC financial markets. Agreement provides for joint work on the creation of information and analytical products and services for financial markets, as well as the development of innovative ways and methods o...

Element

Element Group will start supplying electronics for the Russian electric car Atom, which is being developed by Kama. Element already has a line of various microchips for the automotive industry, which are produced at the Mikron plant in Zelenograd. For Atom, the list of components will be expanded. Production of new power electronics components may start as e...

Lenzoloto

Polyus retains the Lenzoloto listing for the time being, but may consider liquidation in the future, as planned back in 2020, Polyus head Alexey Vostokov told on the sidelines of SPIEF-2024. In 2020, Polyus bought out Lenzoloto ZDK Lenzoloto, which owns placer assets, from Lenzoloto, which itself is only a holding company, and in 2024 sold ZDK to a third par...

Ozon Holdings

Ozon has received the decision of the government commission on redomiciliation, said State Secretary - Deputy Head of the Ministry of Industry and Trade of the Russian Federation Viktor Yevtukhov. Company must re-register in Russia by the end of 2025. Co-owners of Ozon are AFK Sistema with a 31.8% stake, investment holding Vostok Investments, which has about...