Stock market news
Yandex shareholders approve restructuring
Shareholders of Yandex N.V. approved the sale of the Yandex business and changes in the corporate governance structure. Closing of the transaction will take place in two stages. At the first stage, Co…
Positive Technologies disclosed the parameters of additional share issue
Positive Technologies has set the maximum value of additional share issue in the amount of 15% for each twofold growth of capitalization and determined the volume of the first additional share issue -…
CherMK's blast furnace was not damaged
Incident at Severstal's Cherepovets Iron and Steel Works was caused by a drone of unidentified affiliation, said Vologda Region Governor Georgy Filimonov. He noted that there were no casualties, the o…
Rostelecom completed construction of the 2nd stage of the TEA NEXT FOCL line
Rostelecom completed construction of the second stage of the new Trans-Eurasian fiber-optic communication line TEA NEXT and announced the technical readiness of the line for the start of commercial op…
Kamaz will supply Moscow with 1.5 thousand electric buses
Auto concern Kamaz intends to supply Moscow with 1.5 thousand electric buses in the next 3 years, said the head of the company Sergey Kogogin. Current contract is concluded for 2023-2024. However, the…
VSZ reported for 2023 by RAS
Vyborg Shipyard's RAS loss for 2023 amounted to ₽0.686 billion, down 3 times from ₽1.952 billion in the previous year. Revenue increased 45.9% to ₽12.103 billion against ₽8.298 billion a year earlier.
CherMK had a technological incident
At Severstal's Cherepovets Steel Mill there was a technological incident in blast furnace production. There were no casualties. One of the units was taken out for previously scheduled repairs. Reasons…
Sanctioned oil finds a buyer in China
Liteyny Prospect tanker with Russian Sokol oil on board, recently hit by U.S. sanctions, has docked at the Chinese port of Huanghau in Qangzhou province to unload after three months at sea. It is one …
Polymetal shareholders approved the sale of the Russian business
Polymetal shareholders approved the sale of the Russian business to Sergey Yanchukov's Mangazei structure. Polymetal JSC is valued at $3.69 bln. Deal will be closed in the nearest future.
Cosmos Hotel opened a hotel in a 19th century St. Petersburg mansion
Hotel operator Cosmos Hotel Group opened a hotel in a 19th century mansion on Italianskaya Street in St. Petersburg. In the hotel there are five floors with 23 rooms. Total area of the building is 2.7…
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