Stock market news

Polymetal reported for 6 months of 2023
Polymetal's IFRS net profit for 6 months of 2023 amounted to $190 mln, compared to a loss of $321 mln in the previous year. Revenue increased by 25.5% to $1.315 bln vs. $1.048 bln a year earlier.

Russneft in the first half of the year reduced oil production by 3.8%
Production of Russneft for 6 months of 2023 amounted to 3.28 million tons, down 3.8% from 3.41 million tons a year earlier. Natural gas production decreased by 13.6% to 133 million cubic meters. Assoc…

Gazprom Neft launched a new primary refining complex at the Omsk Refinery
Gazprom Neft launched a primary oil refining complex at the Omsk Refinery. State-of-the-art production will replace six units of the previous ecological generation at once. New complex will annually p…

Polymetal to relocate Pacific MMC from Sovgavan to Kazakhstan
Polymetal intends to move the construction of the Pacific Hydrometallurgical Plant from Sovetskaya Gavan in Khabarovsk Krai to Kazakhstan, said the head of the company Vitaly Nesis. Investment volume …

Fix Price launched delivery of goods via Yandex services
Fix Price chain has launched the sale of its goods via Market Delivery, Yandex Food and Market with fast delivery. Customers of these services can enter the Fix Price virtual store, assemble a shoppin…

Gazprombank and Mechel decided to reach an amicable agreement
Gazprombank and Mechel filed a petition with the Ninth Arbitration Court of Appeal to approve a settlement agreement on Gazprombank's claim to recover $244.2 million from the steel company. Earlier, t…

RuStore plans to increase its monthly audience to 25 mln by the end of the year
Application store RuStore plans to increase its monthly active audience to 25 million people by the end of 2023, RuStore's operating director Ilya Sverchkov said on the margins of the Kazan Digital We…

Tatneft shareholders failed to approve dividends
Tatneft's shareholders meeting on dividends for 6 months of 2023 was recognized invalid due to lack of quorum. Repeated meeting will be held on September 28.

Orders from Avito will be able to be received or sent via Yandex Market's POZs
Marketplace Yandex Market has agreed a partnership with Avito. From October 2023, orders from Avito can be received or sent via 8,000 Yandex Market points of sale in over 100 Russian cities. Service w…

Lukoil stated the risk for its plant in Bulgaria
An early rejection of Russian oil could disrupt the operation of the Lukoil Neftochim Burgas refinery in Bulgaria. In 2022, the European Commission exceptionally allowed Bulgaria to import Russian cru…
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