Stock market news

Severstal increased productivity of mill 2000 at CherMK
Severstal installed new equipment for hot-rolled strip winding in thicknesses from 1.2 to 16 mm and coil tying machines at CherMK Mill 2000. Mill 2000 is one of the key units in the process chain, as …

Lukoil expects to restore the Nizhny Novgorod refinery in 1-2 months
Lukoil oil company expects to restore broken equipment at the Nizhny Novgorod refinery within one or two months, Deputy Prime Minister Alexander Novak said. In January 2024, the emergency automatic pr…

Svetofor reported for 2023 by RAS
Svetofor Driving School's RAS net profit for 2023 amounted to ₽49.45 million, up 92.9% from ₽25.64 million in the previous year. Revenue increased 48.6% to ₽461.74 million against ₽310.69 million a ye…

Korshunovsky GOK reported for 2023 by RAS
Korshunovsky GOK's RAS loss for 2023 amounted to ₽5.086 billion, up 45 times from ₽0.113 billion in the previous year. Revenue fell 29.5% to ₽7.864 billion against ₽11.153 billion a year earlier.

One third of Nornickel's sales come from the US and Europe
About a third of Norilsk Nickel's sales still come from America and Europe. However, the largest sales market is China, which accounts for more than half of sales. At the same time, some products are …

Etalon opens sales in a flagship project in St. Petersburg
Etalon will open sales in the new flagship premium-class residential complex "LDM" in St. Petersburg on April 1. Project consists of seven buildings of variable storeys from 3 to 9 floors with two-lev…

Acron increased its stake in Verkhnekamsk Potash Company
Acron Group in Q1 bought from partner banks a 30% stake in Verkhnekamsk Potash Company, the operator of the Talitsky project ГОК As a result, Acron's stake in the project increased…

Alrosa issued digital financial assets diamonds
Alrosa, together with Alfa-Bank, launched digital financial assets linked to sales of large investment-grade rare diamonds with guaranteed currency returns. New instrument was named Digital Carats. Av…

Acron reports for 2023 by IFRS
Akron's IFRS net profit for 2023 amounted to ₽36.87 billion, down 2.6 times from ₽91.03 billion in the previous year. Revenue fell 30.2% to ₽179.46 billion against ₽257.2 billion a year earlier.

Rosatom does not plan to make an offer to Fesco minority shareholders
Rosatom does not plan to make an offer to Fesco minority shareholders, the transferred stake suits the state corporation, said Alexei Likhachev, head of Rosatom, but did not rule out the purchase of s…
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