Stock market news

Sistema plans to resume IPOs of non-public assets in 2024
Sistema JSFC sees the relevance of IPO for non-public portfolio companies of the group in 2024, said the largest shareholder of the corporation Vladimir Evtushenkov. "There will be nothing in 2023 - t…

Sollers expects to reach the production volume of 10 thousand pickup trucks
Sollers plans to produce and sell about 2 thousand ST6 pickup trucks by the end of 2023. Within two to three years, the automaker expects to reach the production volume of 10 thousand pickup trucks. V…

VTB needs a trillion in capital over the next five years
VTB's capital requirement is estimated at ₽1 trillion over the next 5 years, taking into account growing regulatory requirements and planned business growth, said Andrey Kostin, the bank's head. VTB i…

En+ Group wants to build a wind power plant to export energy to China
En+ Group, in partnership with China's China Energy, expects to start construction of a 1 GW export wind farm in the Far East next year. Company expects project financing from Chinese banks to account…

Gazprom launched the first lines at the Amur GPP
Gazprom Holding launched two process lines at the Amur Gas Processing Plant and started helium shipments. Early next year, it is planned to launch two more lines, and by 2025, all six lines will be pu…

Sberbank reported for 8 months of 2023 by RAS
Sberbank's RAS net profit for 8 months of 2023 amounted to ₽999.1 billion. Net interest income increased by 40.1% to ₽1.468 trillion. Commission income increased by 19.9% to ₽449.9 billion.

MD Medical reported for 6 months of 2023
MD Medical's IFRS net profit for 6 months of 2023 amounted to ₽3.368 billion, up 3 times from ₽1.106 billion in the previous year. Revenue increased 5.7% to ₽12.853 billion vs. ₽12.159 billion a year …

Rusagro scales up the Digital Farmer project
Rusagro intends to expand the Digital Farmer project and announced a search for financial organizations for a partnership project in the field of financing agricultural producers. More than 3,000 agri…

Alrosa mined the largest diamond in 10 years
Alrosa mined the largest gem-quality diamond in the last 10 years at the Mayat diamond mine in the Anabar district of Yakutia. Weight of the diamond is 390.7 carats. Diamond found is a light crystal o…

The AbbVie announced a quarterly dividend
The AbbVie Board of Directors announced a quarterly dividend of $1.48 per share. The last day to buy securities to receive the dividend is October 11, 2023. The annual dividend yield may reach 5.04%.
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