Stock market news
Ministry of Finance has filed a series of lawsuits against Rostelecom
Ministry of Finance since December last year has sent to the Moscow Arbitration Court a series of lawsuits against Rostelecom for a total amount of about 1.4 billion rubles. Court will consider one of…
State Duma adopted a law on the conversion of VTB preferred shares
State Duma immediately adopted in the second and third readings a bill that will allow VTB to convert preferred shares into ordinary shares according to the nominal value to market scheme, rather than…
Lenta STM appeared in Remy stores in the Far East
Lenta Group at the end of last year began first deliveries of its own brand products to Remy stores in the Far East. After the successful completion of the test sales period, the range was expanded wi…
Rostelecom reports for 2025 under RAS
Rostelecom's RAS net profit for 2025 amounted to ₽12.02 billion, a 4.5-fold decrease from ₽54.5 billion in the previous year. Revenue increased by 10.9% to ₽499.5 billion from ₽450.5 billion a year ea…
MMK's sales in 2025 decreased by 7.2%
MMK's sales of commercial steel products in 2025 decreased by 7.2% to 9.85 million tons. Share of high-value-added products decreased by 3.9 percentage points to 40.5%. Steel production decreased by 9…
Ozon expects turnover growth of 25-30%
Ozon marketplace plans to increase its turnover by 25-30% in 2026, including services, and earn 200 billion rubles of adjusted EBITDA. In addition, the company expects to end 2026 with a net profit.
MMK reports for 2025 under IFRS
Magnitogorsk Iron and Steel Works' loss under IFRS for 2025 amounted to 14.9 billion rubles against a profit of 79.7 billion rubles in the previous year. Revenue decreased by 20.6% to ₽609.9 billion f…
Sberbank reports on 2025 under IFRS
Sberbank's net profit under IFRS for 2025 amounted to ₽1.71 trillion, an increase of 8.2% compared to ₽1.58 trillion in the previous year. Net interest income increased by 18.7% to ₽3.56 trillion from…
Rostelecom reports for 2025 under IFRS
Rostelecom's net profit under IFRS for 2025 amounted to ₽18.72 billion, down 22.2% from ₽24.06 billion in the previous year. Revenue increased by 11.9% to ₽872.79 billion against ₽779.95 billion a yea…
Ozon's turnover in 2025 increased by 45%
Ozon marketplace processed 2.48 billion orders in 2025, which is 69% more than 1.47 billion in the previous year. Number of active buyers increased by 15%, to 65.1 million. GMV reached 4.16 trillion r…
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