Stock market news

Cosmos Hotel Group will deal with VIP-tourism
Cosmos Hotel Group will organize VIP-tours both within Russia and in the CIS countries, South Africa, Namibia, Morocco, Tanzania, China, etc. The programs themselves involve helicopter tours, heliskii…

Sitronics Group plans to create a high-speed electric vessel for intercity transportation
Sitronics Group plans to create a high-speed electric-powered vessel for long-distance transportation, including intercity transportation, said Nikolai Pozhidaev, president of the group. Earlier Sitro…

OGK-2's output for 9 months of 2023 increased by 7.5%
OGK-2's power plants for 9 months of 2023 generated 38.5 bln kW⋅h, which is 7.5% higher than a year earlier. Change in production volumes was due to increased demand for generating equipment. Heat sup…

Pyatyorochka launched a distribution center in the Orenburg region
X5 Retail Group launched a distribution center of the Pyatyorochka retail chain in the Orenburg region. Logistics complex with the area of 32 000 square meters includes 6 storage zones: dry and alcoho…

Alfa Bank replaced Veb Ventures in the TEA Next project
Rostelekom's partner in the project to build the new TransEurAsian fiber-optic communication line TEA Next became Alfa Bank. At the beginning of August, VEB Ventures, a venture fund of VEB.RF, withdre…

Chelyabinsk Metallurgical Plant reported for 9 months of 2023 by RAS
Chelyabinsk Metallurgical Plant's RAS loss for 9 months of 2023 amounted to ₽1.492 billion, against a profit of ₽23.784 billion in the previous year. Revenue fell 10.4% to ₽119.07 billion against ₽132…

Delta Air Lines reported for 9 months of 2023
Delta Air Lines' GAAP net income for 9 months of 2023 was $2.572 billion, up 5.3 times from $0.489 billion in the prior year. Revenue increased 18% to $43.825 billion from $37.147 billion a year earli…

Ural Forge reported for 9 months of 2023 by RAS
Ural Forge's RAS net profit for 9 months of 2023 amounted to ₽4.054 billion, down 2% from ₽4.135 billion in the previous year. Revenue declined 4.6% to ₽15.576 billion against ₽16.333 billion a year e…

SPB Exchange ready to launch Bitcoin trading, if permitted
SPB Exchange is ready to launch trading in cryptocurrency, including Bitcoin, as soon as it is legalized in Russia, said the head of the trading floor Roman Goryunov. "It is better to let 10 million i…

Magnit will install more than 10 thousand self-service cash desks
Retailer Magnit will install more than 10,000 self-service checkouts in stores of all formats, primarily in large cities and in locations with seasonal tourist traffic. Most of all self-service cash d…
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