Stock market news
Rosimushchestvo transfers shares of Solikamsk Magnesium Plant to Rosatom State Corporation
Government has ordered the transfer to Rosatom of the state-owned 89.5% stake in Solikamsk Magnesium Plant. Transfer of the shares should take place within six months. Earlier, the Lovozero Mining and…
VK to launch NFT-marketplace in 2024
VK plans to launch an NFT-marketplace in February 2024. On platform it will be possible to sell and buy tokens for rubles, and it will support payment by cards of Russian banks. On marketplace it will…
Murommashzavod will create production of bridges for electric buses Kamaz
Fund for the Development of Industry has granted Murommashzavod a ₽1.75 billion loan to set up production of import-substituting components for Kamaz electric buses, Aurus cars and agricultural specia…
Gazprom Energoholding is not considering the purchase of TGC-1 shares from Fortum
Gazprom Energoholding, the majority shareholder of TGC-1, is not currently considering the acquisition of TGC-1 shares from Fortum, said Denis Fedorov, head of GEH. In June 2022, it was reported that …
Kamaz intends to increase sales to 60 thousand trucks by 2030
Kamaz's Board of Directors has approved the company's development strategy until 2030. Among the key goals are: revenue of ₽806 billion, truck sales at the level of 60,000 units. At the same time, the…
Sberbank reported for 11 months of 2023 by RAS
Sberbank's RAS net profit for 11 months of 2023 amounted to ₽1.378 trillion, up 8 times from ₽0.175 trillion a year earlier. Net interest income rose 37.8% to ₽2.11 trillion. Fee and commission income…
Polymetal shareholders approve share swap for Russian holders
Polymetal shareholders approved a new exchange of shares blocked at NSD and other Russian depositories for shares traded on Kazakhstan's AIX exchange at a one-to-one ratio. Exchange proposal applies o…
Severstal has found a supplier of equipment for pellet production
Severstal signed a contract with a company from China to supply equipment for the construction of an iron ore pellet production complex at the Cherepovets Steel Mill site with a capacity of 10 million…
Yandex became one of the world leaders in the field of AI development
Experts from the Epoch AI Center and scientists from the Massachusetts Institute of Technology have recognized Yandex as one of the world leaders in the development of artificial intelligence. In tota…
Kamaz shared its plans for 2024
Kamaz plans to triple production of K5 generation trucks in 2024. In addition, the company intends to design its own tourist bus next year. In 2023, Kamaz expects a record IFRS profit of about ₽5 bill…
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