Stock market news
Foreign companies are allowed to receive dividends from Russian subsidiaries
Russian authorities allow dividends to be paid by Russian subsidiaries of foreign companies if the relevant agencies see that they continue to work and invest in full, and the amount of payments is co…
Samolet plans to build a resort city in the Krasnodar Territory
Developer Samolet plans to start building a new resort city in the Krasnodar region in 2024, where the group has already gathered a land bank of about 3 thousand hectares. City could be designed for 5…
Yandex launched its own e-book service based on Bookmate
IT company Yandex launched Bookmate e-book service for Yandex.Plus users. Company obtained the rights to the Bookmate brand in the CIS in August of this year and now the service in Russia is available…
Samolet will spend ₽10 billion on dividends in 2023
Developer Samolet plans to pay shareholders ₽10 billion in dividends in 2023, said the company's deputy general director for economics and finance Natalia Groznova. She reminded that the minimum divid…
Revenues of Samolet in 2022 increased by 40%
Developer Samolet, according to preliminary data, will increase revenue in 2022 compared to last year by 40% to ₽189 billion. Company's EBITDA according to management accounts will almost double, reac…
Sollers will resume production of ZMZ engines
Sollers Group plans to resume production of eight-cylinder ZMZ engines in the first half of 2023. Gasoline and bi-fuel engines of the ZMZ 523 and 524 series were produced at the Zavolzhsky Engine Plan…
L3Harris buys Aerojet Rocketdyne
L3Harris is buying Aerojet Rocketdyne for $4.7 billion, or $58 per share. Closing of deal is scheduled by the end of 2023.
Kitchen on Raion launched vending machines with ready-to-eat meals
Service for cooking and delivery of food Kitchen on Raion launched its first offline project Kholodos - a network of vending machines with ready-made homemade food prepared by the company. Currently, …
L3Harris buys Aerojet Rocketdyne
L3Harris is buying Aerojet Rocketdyne for $4.7 billion, or $58 per share. Closing of deal is scheduled by the end of 2023.
Magnit Kosmetik went Wildberries
Chain stores drogerie Magnit Cosmetic launched sales on Wildberries. The online site will feature more than 6,000 products from Magnit Cosmetics. These include exclusive Magnit brands, including popul…
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