Stock market news
MTS will start production of 5G and 4G base stations by the end of the year
MTS-owned Irtea will start producing its own 5G and 4G base stations by the end of 2024. Investments in production until 2027 will exceed ₽4 billion. Capacity of the factory will allow to produce from…
Inter RAO builds in Kazakhstan three coal-fired CHPPs
Ministries of Energy of Russia and Kazakhstan signed an intergovernmental agreement on construction of coal-fired CHPPs in three regional centers of the republic. Inter RAO - Export and Samruk-Energo …
Alrosa will hold an auction of investment diamonds
Alrosa will hold an online auction of rare investment-grade diamonds on April 23-25. Main lots will be 15 exceptional pink-purple diamonds that have been mined and cut in Russia over the past six year…
MTS may bring its media holding to IPO
MTS admits the possibility of IPO of its new company, which is being formed on the basis of media assets, next year, MTS President Vyacheslav Nikolaev told Vedomosti. Media holding will include MTS En…
Smartofood has opened a round of investment raising
SaaS platform for catering establishments Smartofood has opened a round of investment attraction. Smartofood provides establishments with a ready-made delivery and takeaway website, a mobile applicati…
Magnit will multiply the network of hard discounters
Retailer Magnit plans to increase the number of hard discounters First Choice several times this year. Most of the new stores will appear in Moscow and the Moscow region. In other regions about 100 ou…
MGKL launched its store on Ozon
MGKL launched its store on Ozon under the Resale Market brand. Company seeks to deepen relations with all major marketplaces, which will significantly increase sales volumes and make interaction with …
X5 Retail Group will distribute accumulated funds in favor of shareholders
X5 Retail Group is unlikely to pay dividends until the end of 2024, said Maria Yazeva, Head of Investor Relations. At the same time, she made it clear that the funds accumulated by the company during …
Astra has set the lower boundary of the SPO
Price of placement of Astra shares within the SPO will not be less than ₽550 per paper. At the same time, it is not expected to exceed the closing price of the last trading day of the order book - Apr…
Uralsib reported for 2023 by IFRS
Uralsib Bank's IFRS net profit for 2023 amounted to ₽8.175 billion, up 17.3% from ₽6.97 billion in the previous year. Net interest income rose 41.7% to ₽33.33 billion versus ₽23.529 billion a year ear…
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