Stock market news
Mechel reported for 2023 by IFRS
Mechel's IFRS net profit for 2023 amounted to ₽24.25 billion, down 2.7 times from ₽65.17 billion in the previous year. Revenue fell 6.5% to ₽405.88 billion against ₽434.05 billion a year earlier.
Mechel reported lower performance in 2023
Mechel's coal production in 2023 amounted to 10.365 million tons, down 8% year-on-year. Iron and steel production decreased by 2% to 3.164 million tons and 3.489 million tons, respectively. Sales of l…
European Electrotechnics reported for 2023 by RAS
European Electrotechnics' RAS net profit for 2023 amounted to ₽1.203 billion, up 3 times from ₽0.319 billion in the previous year. Revenue decreased by 4% to ₽1.45 billion vs. ₽1.51 billion a year ear…
Samolet has entered the software market for developers
Samolet developer entered the market of construction software for developers with its own product Samolet 10D. Solution is designed to manage and automate the entire construction cycle and covers any …
Ozon will increase the number of fashion retailers by 1.5 times
Ozon wants to expand its assortment in the Fashion category. For this purpose, the company intends in this year to increase the number of sellers of fashion goods by 1.5 times. Last year, the turnover…
PhosAgro increased supplies to the domestic market
PhosAgro in 2023 increased supplies to the domestic market by 12% to 3.3 million tons. Over the past five years, the Company has invested over ₽4 billion in the development of its distribution network…
The Central Bank revoked the license of Qiwi Bank
The Central Bank has revoked the banking license of Qiwi Bank. The credit organization ranked 89th in the banking system in terms of assets. The reason was violations of federal laws regulating bankin…
Moscow Exchange is developing software to distribute IPO bids
Moscow Exchange will develop a technical solution for distribution of orders for purchase of shares by investors during IPO. This was announced by Natalia Loginova, Director of the Department for work…
Moscow Exchange is preparing 7-8 new IPOs right now
Moscow Exchange is currently preparing seven or eight IPOs. This was reported to journalists by Natalia Loginova, Director of the Moscow Exchange's Issuer Relations Department. The exact timing of pla…
Transneft completes share split
"Transneft" reported the completion of the split of shares, as a result of which one share with a par value of 1 ruble was converted into 100 shares of the same category with a par value of 0.01 ruble…
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