Stock market news
X5 Retail Group will open its first stores in the Amur and Jewish Autonomous Regions
X5 Retail Group plans to open its first stores in the Jewish Autonomous Region and the Amur Region in 2024. In March of this year, the company started operating the Pyaterochka retail chain in other r…
Moscow Exchange will suspend trading of VK receipts for the period of redomiciliation
Moscow Exchange decided to limit settlement codes for VK receipts due to upcoming conversion of securities as a result of redomiciliation. Last day for transactions in the main trading mode will be Se…
Investment in Vostok Oil is estimated at ₽12 trillion
Investments in the implementation of the Vostok Oil project are estimated at ₽12 trillion for the development period, Rosneft head Igor Sechin told Russian President Vladimir Putin, noting that the pr…
Aeroflot in August increased transportation by 7.5%
Aeroflot Group in August 2023 carried 5.22 million passengers, up 7.5% from 4.855 million passengers a year earlier. Passenger turnover increased by 12.5% to 13.655 billion pkm. Seat occupancy increas…
Polyus plans to launch production at Chulbatkan in 2029-2030
Polyus expects to receive a feasibility study for the Chulbatkan gold deposit in Khabarovsk Krai in 2025, and to launch production in 2029-2030. Company bought the deposit in June last year for $140 m…
Skillbox consolidates 100% of online school Skillfactory
Skillbox Holding will increase its stake in IT school Skillfactory to 100%. The deal is planned to be finalized in early 2024, its amount and other details are not disclosed. Skillbox now owns 63.8% o…
M.Video-Eldorado expects net debt/EBITDA to fall below 4x
M.Video-Eldorado expects to reduce its net debt to EBITDA ratio below 4x by the end of 2023 through turnover growth and cost optimization. At the end of June, the ratio was 5.3x, which was caused by t…
M.Video-Eldorado in July-August increased turnover by 40%
M.Video-Eldorado Group's turnover in July-August increased by 40% year-on-year. In September, comparable dynamics were also maintained. Compared to the pre-crisis year 2021, the indicator also increas…
Rostelecom-Solar will divide the business to get away from the image of a state-owned company
Rostelecom-Solar is undergoing internal transformation and will soon split its business into two divisions, as Rostelecom's status as a state-owned company hinders Rostelecom-Solar's promotion in the …
Samolet will build Far Eastern Quarter in Korsakov
Developer Samolet signed a binding agreement with the Far East and Arctic Development Corporation to implement the Far Eastern Quarter project in the Yuzhnaya advanced development territory in the tow…
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