Stock market news
Promomed records double-digit sales growth in January
Promomed's sales in January 2025 increased by 28% year-on-year. Share of revenue from sales of innovative products reached 70%, which is 26 p.p. higher than a year earlier. Notable contribution to the…
QIWI became NanduQ
QIWI has completed the name change to NanduQ. It epitomizes the technological efficiency and innovative spirit of the company's business. Nandu is a family of flightless birds native to South America,…
SPB Exchange expands the list of securities for weekend trading
SPB Exchange will add 22 Russian securities starting February 14, which will be available to investors for making deals in the morning extra session, including on Saturdays and Sundays. Total of 38 Ru…
Moscow Exchange starts testing weekend trading
Moscow Exchange on February 15 will start testing the weekend trading session. Trading floor plans to be technically ready for the start of weekend trading by March 1. Decision on the timing of the la…
KVLZ Kristall increased sales by 2.2 times
Production volume of distillery products of KVLZ Kristall in 2024 amounted to 619 thousand dal, having increased 2.1 times compared to the previous year. Sales grew 2.2 times to 595 thousand dal. As a…
PIK sold a stake in Rubetek for ₽2.5-3 billion
PIK has withdrawn from the capital of smart home systems developer Rubetek, a Rubetek representative told Forbes. PIK said it could not confirm or deny the fact of the exit from Rubetek. Amount of the…
Court disagreed with Sual's claims against Rusal's board members
Arbitration Court of the Kaliningrad region has dismissed the claims of Sual Partners, an ICOO, to recover ₽74 billion from members of Rusal's board of directors. Largest minority shareholder of the a…
Novatek reports for 2024 by IFRS
Novatek's IFRS net profit for 2024 amounted to ₽500.2 billion, up 6.5% from ₽469.5 billion in the previous year. Revenue rose 13.1% to ₽1.55 trillion against ₽1.37 trillion a year earlier.
Rostelecom completed testing of the first Bulat base stations
Rostelecom successfully completed testing of the first twenty base stations of GSM/LTE-1800 standards of its subsidiary BULAT on the segment of Rostelecom's technological infrastructure in the Nizhny …
Negotiations on a copper JV in China are in an active phase
MMC Nornickel is in the active phase of negotiations on the establishment of a joint copper production facility in China, said the company's First Vice President Sergey Malyshev. Company has already s…
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