Stock market news

Last day of trading before the split of Transneft shares on February 14
Moscow Exchange has changed the terms of restriction on transactions with Transneft shares due to the forthcoming split. Trades in the securities will be suspended from February 15 to February 20, 202…

Bank of Russia registered the issue of shares of ICPAO TCS Holding
Bank of Russia registered the issue and prospectus of ordinary shares of the international public joint-stock company TCS Holding. Company is being established as part of the redomiciliation of TCS Gr…

VTB to open offices in Beijing and a number of other Chinese cities
VTB plans to open offices in Beijing and a number of other Chinese cities in the near future, VTB President and Chairman of the Management Board Andrei Kostin said. VTB is the only bank that has had a…

Yandex managers will become the largest co-owners of the company
Largest buyer of Yandex's Russian assets will be the company's management structure, which will receive a 35% stake in the closed mutual investment fund Consortium.First. Infinity Management of Alexan…

Henderson's January revenues were up 32.3%
Henderson's revenue in January 2024 amounted to ₽1.4 billion rubles, up 32.3% year-on-year. Operating results for January 2024 are expected to be disclosed by the company on February 25.

Rostelecom expects to start testing the 5G core as early as 2025
Restream, owned by Rostelecom, and Protei, a developer of communications equipment, have established a joint venture, Protei-RTC LLC, in which Restream holds 51% and Protei has 49%. Partners expect th…

Kamaz reported for 2023 by RAS
Kamaz's RAS net profit for 2023 amounted to ₽12.7 billion, up 135.6% from ₽5.39 billion in the previous year. Revenue increased 33.2% to ₽354.71 billion against ₽266.32 billion a year earlier.

Iraq invited Gazprom to the field of Nasiriyah
Iraqi authorities have decided to invite Gazprom to take part in the development of the Nasiriya oil field. Production at the field started back in 2009. Total oil reserves are estimated at 4 billion …

Samolet's sales in January increased by 87%
Volume of real estate sales by developer Samolet in January 2024 amounted to 103.1 thousand square meters, up 65% from 62.4 thousand square meters a year earlier. In monetary terms, sales grew by 87% …

SPB Bank agreed on partial unblocking of assets
SPB Bank has agreed with certain friendly counterparties to unblock $15.78 million or ₽1.44 billion in client assets. Unblocked cash funds in US dollars, Hong Kong dollars, RMB and Tenge. Funds will b…
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