Stock market news
Draft decree on the exchange of frozen assets has been prepared
Government and the Bank of Russia have prepared a draft decree on unblocking a part of foreign assets, which are currently accumulated in C-type accounts, to be exchanged for Russian assets, said Fina…
MMK has found an equipment supplier for the new blast furnace
MMK postponed construction project of blast furnace No. 11 for a longer term due to the fact that the supplier of the main equipment was a company from the European Union. At the moment, the company i…
Driving school Svetofor reported for 6 months of 2023 by RAS
Svetofor Driving School's RAS net profit for 6 months of 2023 amounted to ₽32.732 million, up 2.8 times from ₽11.316 million in the previous year. Revenue increased 76.8% to ₽281.55 million against ₽1…
MTS reported for 6 months of 2023 by IFRS
MTS's IFRS net profit for 6 months of 2023 amounted to ₽29.966 billion, up 98% from ₽15.135 billion in the previous year. Revenue rose 10.2% to ₽286.33 billion against ₽259.74 billion a year earlier.
Kamaz invested in the startup of JSC National Carrier
Kamaz became the main investor in the startup JSC National Carrier, created in July with the participation of Ilya Sattarov, former CEO of Globaltruck Group. Kamaz plans to publicly present the startu…
Lukoil intends to buy back up to 25% of its shares from foreigners
Lukoil has asked the Russian authorities to allow it to buy back up to 25% of its shares from foreign investors at a discount of at least 50%, said the sources of Interfax. Lukoil's authorized capital…
Sberbank issued Russia's first loan through a CFA with collateral in the form of a real asset
Sberbank conducted Russia's first lending transaction via digital financial assets secured by a company's movable property and goods in turnover. Loan volume amounted to ₽100 million. Use of CFA allow…
Macy's has reported for 6 months of 2023
Macy's GAAP net income for 6 months of 2023 totaled $133 million, down 4.2 times from $561 million in the previous year. Revenue declined 8.3% to $10.453 billion from $11.399 billion a year earlier.
Kamaz intends to at least double its revenue by 2030
Kamaz's financial situation is record good by key indicators, marketing director Ashot Harutyunyan said. "We have never felt so good. All indicators - financial revenue, EBITDA, debt to EBITDA ratio -…
Kama intends to deliver 25-30 thousand electric cars Atom in 2025
Company Kama, which develops a line of electric cars Atom with the participation of Kamaz, will be able to supply customers with 25-30 thousand cars in the year of production launch, and plans to incr…
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