Stock market news

Moscow Exchange suspends trading on the stock market for the second day in a row
Moscow Exchange has suspended trading on the stock market again. Reason for the suspension is not reported.

Novatek completes construction of LNG plant in Kashira
Novatek completes construction of a mini LNG plant at the Kashira Special Economic Zone. Specialists are completing commissioning of process equipment and engineering systems. Construction of the faci…

Ozon's turnover in 2023 increased by 2.1 times
Ozon, including services, amounted to over 1.7 trillion in 2023, up 2.1 times. Online retailer processed over 950 mln orders, which is 2 times more than in the previous year. Number of orders increase…

Lenta will develop a chain of alkomarkets
Lenta chain has applied for registration of the trademark Vingarage at the end of January 2024, including under the class of retail store services, Kommersant found in the Rospatent database. Accordin…

Samolet intends to enter the construction markets of 30-35 cities
Samolet Development Group plans to carry out regional expansion and enter the markets of 30-35 Russian cities by 2026. Currently, the company operates in 15 cities, including Moscow and the Moscow Reg…

CarMoney has seen a record volume of disbursements
CarMoney's issuance volume in 2023 reached a 4-year high of 3.747 billion, up 22.2% from ₽3.066 billion a year earlier. Average auto loan check rose 16.1% to ₽321k. Share of new customers increased 5 …

Rostelecom to IPO one of its subsidiaries
Operator Rostelecom plans to hold an IPO of one of its subsidiaries in 2024, the company's president Mikhail Oseevsky said. He did not specify the name of the company, as well as more specific terms o…

Polymetal will start development of Utkinskoye deposit in 2027
Utkinskaya Mining Company LLC, which includes Polymetal's operations in Russia, plans to start development of the Utkinsky copper-coal deposit in the Sverdlovsk region in 2027. Exploration work at the…

Investors in brainbox.VC will return 50% of investments
Investment platform brainbox.VC will hold an online meeting with investors on Saturday, February 17, at 14:00. Event will be held in the brainbox.VC Investments tag-channel (link in the source). At th…

Moscow Exchange resumed trading on the stock market after two hours
Moscow Exchange resumed trading on the stock market after two hours. Trading halt the exchange explained by a hardware error of the main server. Switching to the backup server in such cases takes a li…
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