Stock market news

TCS Holding determined the parameters of the additional share issue
Board of Directors of TCS Holding has determined the parameters of the additional share issue as part of the Rosbank acquisition deal. Bank intends to place 130 million ordinary shares by private subs…

Cherkizovo Group acquired a feed mill
Cherkizovo Group acquired Venta-Oil LLC, which owns a grain storage and processing complex in the Orenburg region. Complex includes a feed production facility, which after modernization will be able t…

Slavneft-YaNOS reported for 2023 under RAS
Slavneft-Yaroslavnefteorgsintez's RAS net profit for 2023 amounted to ₽6.58 billion, up 4.3 times from ₽1.52 billion in the previous year. Revenue increased 22.1% to ₽41.19 billion against ₽33.73 bill…

Artgen Biotech will not conduct an additional share issue in 2024
Board of Directors of Artgen Biotech has assessed the company's current financial performance and plans for 2024 and sees no need for an additional share issue, Artgen Biotech CEO Sergey Masyuk said. …

Transneft reported for 2023 by RAS
Transneft's RAS net profit for 2023 amounted to ₽187.04 billion, up 83.2% from ₽102.09 billion in the previous year. Revenue rose 9.1% to ₽1.194 trillion against ₽1.094 trillion a year earlier.

Transneft reported for 2023 by IFRS
Transneft's IFRS net profit for 2023 amounted to ₽306.59 billion, up 20.7% from ₽253.96 billion in the previous year. Revenue rose 10.5% to ₽1.331 trillion against ₽1.205 trillion a year earlier.

Aeroflot to remove business class on nine Superjet 100s due to lack of seats
Aeroflot Group intends to remove business class on nine Superjet 100 aircraft of Rossiya Airlines due to the shortage of 100-seat aircraft on resort and tourist routes. On the aircraft, three rows of …

Slavneft-Megionneftegaz reported for 2023 by RAS
Slavneft-Megionneftegaz's RAS loss for 2023 amounted to ₽7.91 billion, up 43.8% from ₽5.5 billion in the previous year. Revenue fell 12.7% to ₽197.93 billion against ₽226.81 billion a year earlier.

Cherkizovo expects revenue growth of more than 12%
Cherkizovo Group plans to increase revenue by more than 12% year-on-year in 2024. At the same time, net profit and EBITDA are expected to be at the level of 2023 against the backdrop of rising product…

Fesco will close the acquisition of Logbox in the near future
Fesco Transportation Group plans to close the acquisition of Logboxx in the near future. Container and wagon operator Logboxx is part of Freight Village RU group, which provides freight forwarding ser…
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