Stock market news

Bulgaria fined Lukoil €34.6 million for price pressure
Bulgaria's Competition Protection Commission has fined Lukoil-Bulgaria 67.8 million leva, equivalent to €34.6 million. Reason for the fine was violation of the law on protection of competition - abuse…

Drones can cut operating costs by 37%
Gazprom Neft has successfully completed testing of the EVO.1 small electric truck for warehouse transportation. Electric vehicle is equipped with a hybrid power system: from electric batteries and hyd…

Unipro's profit in 2022 increased 2.6 times
Unipro's IFRS net income for 2022 was ₽21.27 billion, up 2.6 times from ₽8.23 billion in previous year. Revenue increased 20% to ₽105.8 billion compared to ₽88.13 billion a year earlier.

Maxim Berlovich and Oleg Mubarakshin resigned from Board of Directors of Etalon
Top manager of developer Etalon Maxim Berlovich and former managing partner of Sistema Oleg Mubarakshin stepped down from the Board of Directors and left the company. Berlovich decided to leave the gr…

NLMK is looking for a buyer for its long product division
NLMK is selling its long product division - plants in the Urals and Kaluga regions, sources told Vedomosti. Assets are claimed by Yevgeny Zubitsky's Industrial and Metallurgical Holding and Ivan Demch…

Germany intends to simplify the sale of Rosneft's stake in the Schwedt refinery
German government plans to amend the energy security law, which will make it easier to sell Rosneft's stake in the Schwedt refinery. Bill eliminates the need to nationalize asset, which has come under…

Applied Materials reports 3 months of fiscal year 2023
Applied Materials' GAAP net income for 3 months of fiscal year 2023 was $1.717 billion, down 4.2% from $1.792 billion in the prior year. Revenue increased 7.5% to $6.739 billion from $6.271 billion a …

The AbbVie announced a quarterly dividend
The AbbVie Board of Directors announced a quarterly dividend of $1.48 per share. The last day to buy securities to receive the dividend is April 12, 2023. The annual dividend yield may reach 3.84%.

Samolet intends to bring the service Samolet Plus to IPO by 2025
Developer Samolet is planning an IPO of the fintech real estate service Samolet Plus by 2025. Company positions service as its first proptech and fintech project. In 2022 the turnover of transactions …

NRG Energy reports for 2022
NRG Energy's GAAP net income for 2022 was $1.221 billion, down 44.2% from $2.187 billion the previous year. Revenue increased 16.9% to $31.543 billion from $26.989 billion a year earlier.
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