Stock market news
Magnit invests in frozen bakery production
Magnit invested RUB 1.1 bln to launch its own frozen bakery production, the company said. Output is expected to exceed 1.5 thousand tonnes per month at full capacity, with potential growth to 3 thousa…
Rusal launches arbitration against Germany
Rusal launched arbitration proceedings against Germany in 2026 over allegedly expropriated funds, a Vedomosti source familiar with the case said. The dispute involves Rusal unit RTI and former VTB Eur…
Bank of Saint Petersburg acquired Gambit
Bank Saint Petersburg became the owner of 70% of Gambit, which is an insurance agent for real estate, life, and business insurance services. Remaining 30% belongs to Yulia Arsentyeva. Company's profit…
Shareholders of Avangard Bank approved dividends
Shareholders of Avangard Bank approved dividends for 2025 in the amount of ₽22.31 per ordinary share. The last day of purchase of securities to receive dividends is April 27, 2026. Dividend yield may …
Chizhik may surpass Perekrestkov
Revenue of Chizhik discounters in 2026 may exceed the revenue of the Perekrestok chain. As the population's purchasing power decreases, sales in discount stores are growing faster than in supermarkets…
Shareholders of Yandex approved dividends for 2025
Shareholders of Yandex approved dividends for 2025 in the amount of ₽110 per ordinary share. The last day of purchase of securities to receive dividends is April 24, 2026. Dividend yield may amount to…
Ozon has opened a logistics center in the Krasnoyarsk Region
Ozon has opened a logistics center in the Krasnoyarsk region. Complex will provide a full range of order processing services, from receiving goods to packaging and shipping. This summer, the warehouse…
Europlan and Alphamobil will merge their retail businesses
Alfa-Bank will carry out the operational integration of the Europlan leasing company and the retail division of Alfa-Leasing, Alfa-Mobile. Integration involves the unification of product lines and the…
Yandex may launch its own MVNO operator
IT company Yandex plans to launch its own virtual mobile operator this summer on Vimpelcom's network, according to a source from Kommersant. Company has chosen the Medium MVNO model and will take over…
GloraX was headed by the company's co-founder, Alexander Andrianov
Dmitry Kashinsky has decided to step down as CEO of GloraX in order to focus on his own projects. Instead, GloraX has been led by Alexander Andrianov, the company's co-founder and former First Vice Pr…
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