Stock market news

Ozon has brought the new logistics center in Zhukovsky to its design capacity
Online retailer Ozon has brought to full design capacity a new logistics center in Zhukovsky near Moscow. High-tech complex with an area of more than 79 thousand square meters handles 650 thousand ord…

Last day of trading in Elektrozinc shares will be December 20
Moscow Exchange has set the limitation of settlement codes when making deals in shares of Elektrozinc. Last trading day of the paper will be December 20, 2023. Earlier shareholders of Elektrotsink dec…

SFI is considering various options to reduce the quasi-treasury package
SFI is considering various options regarding the reduction of the quasi-treasury stake. The priority is to redeem it. Two other options are to sell it to the market or pay to buy some asset. Size of t…

UTair will transport more than 75,000 employees of Irkutsk Oil Company
UTair and Irkutsk Oil Company signed agreements on charter and scheduled transportation on the Irkutsk-Ust-Kut-Irkutsk route. During the period of cooperation UTair will carry more than 75,000 employe…

Nizhnekamskneftekhim modernizes mechanical plant
Nizhnekamskneftekhim started modernization of the mechanical plant producing components for the enterprise's process equipment. Plant is equipped with 970 machine tools. Most of the old-style machine …

Phosagro offers farmers a comprehensive solution
Fertilizer producer Phosagro will sell seeds. Company aims to offer farmers a comprehensive solution: seeds, mineral nutrition systems for a specific crop type, preparations for plant protection again…

Sberbank expects fee and commission income to grow by 10%
Sberbank intends to increase fee and commission income by 10% next year. Net interest margin is expected to be 5.7%. Ratio of operating expenses to income is 30-32%. Cost of risk - 100-110 basis point…

Moscow Exchange placed one more issue of DFA
Moscow Exchange floated a new issue of digital financial assets, the issuer of which was Rostelecom. Earlier, the trading platform conducted pilot issues of DFA organized by Gazprombank. New strategy …

Sberbank will create a highly qualified financial assistant
Sberbank intends to develop a personal financial assistant based on artificial intelligence. Quality of his work and the level of personification will be comparable with the help of personal managers …

Sberbank outlines key goals of its development strategy until 2026
Sberbank's development strategy until 2026 envisages an increase in dividends to 50% of IFRS profit. Return on equity should remain above 22%, and capital adequacy is planned to be maintained at a lev…
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