Stock market news

VTB buys Post Bank for ₽36 billion
VTB has bought out Russian Post's 50% stake in Pochta Bank for ₽36 billion, Digital Development Minister Maksut Shadaev told a meeting of the Federation Council's economic policy committee. VTB plans …

Ozon to launch Russia's first e-commerce customs warehouse
Ozon plans to launch a bonded warehouse in the Moscow region within a year, where foreign goods can be stored and taxes can be paid only on those that have been sold. Investments in the project will a…

Commissioning of the first line of the Sukhogogo Log Mill is scheduled for 2028
Polyus plans to launch the first line of the gold extraction plant at the Sukhoi Log deposit in 2028 and the second line in 2029. Capacity of the plant will be 34 million tons of ore, producing 2.3-2.…

Sminex agrees to sell part of Ingrad's projects
Sminex Group is negotiating the sale of part of the projects of Ingrad, which it bought out in October this year, sources told Vedomosti. Mainly the sites for the construction of residential complexes…

Cherkizovo acquired a poultry farming complex in the Tyumen region
Cherkizovo Group has acquired a poultry farming complex in the Tyumen Region from Ruscom Group. Deal will increase annual chicken production by 60,000 tons of live weight. During the approval of the d…

Shareholders of Renaissance Insurance approved dividends
Shareholders of Renaissance Insurance approved dividends for 9 months 2024 in the amount of ₽3.6 per ordinary share. The last day of purchase of securities to receive dividends is December 19, 2024. D…

Sberbank reports for 11 months of 2024 by RAS
Sberbank's RAS net profit for 11 months of 2024 amounted to ₽1.45 trillion, up 4.9% year-on-year. Net interest income increased by 12.7% to ₽2.38 trillion. Commission income increased by 6.1% to ₽0.67…

Diasoft maintains plans to hold an SPO
Diasoft retains plans to hold an SPO if the economic situation improves, the company's CEO Alexander Glazkov said during a meeting with investors. Previously, the company planned to hold an SPO in the…

Fesco launched a direct container line Vladivostok-Shanghai
Fesco Transportation Group has launched the FESCO China Direct Line-5 container line, which will directly connect Shanghai and Vladivostok Commercial Sea Port. Transit travel time will be three days, …

Shareholders of Severstal approved dividends
Shareholders of Severstal approved dividends for 9 months 2024 in the amount of ₽49.06 per ordinary share. The last day of purchase of securities to receive dividends is December 16, 2024. Dividend yi…
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