Economy of Russia

Consolidated Financial and Operating Results of NCSP Group for 3 months of 2021

Retrieved on: 
Wednesday, June 2, 2021
Port operating companies, Novorossiysk Commercial Sea Port, Economy of Russia, Companies, Alexander Ponomarenko

Consolidated cargo turnover of NCSP Group for Q1 2021 amounted to 27.5 million tons, which is 6.6 million tons less than in Q1 2020.

Key Points: 
  • Consolidated cargo turnover of NCSP Group for Q1 2021 amounted to 27.5 million tons, which is 6.6 million tons less than in Q1 2020.
  • NCSP Group's consolidated financial statements as per IFRS for Q1 2021 are published at:
    NCSP Group is the largest port operator in Russia by cargo turnover.
  • PJSC NCSP shares are listed on the Moscow Stock Exchange (ticker NMTP), and also on the London Stock Exchange in the form of global depositary receipts (ticker NCSP).
  • NCSP Group unites the companies PJSC NCSP, Primorsk Trade Port LLC, JSC Novorossiysk Ship Repair Yard, JSC Fleet NCSP, SC NCSP Fleet, IPP LLC, Baltic Stevedore Company LLC and SFP LLC.

ACRA Agency assigned credit rating to the exchange-traded bonds of PJSC Magnit

Retrieved on: 
Wednesday, June 2, 2021
Magnit, Acra, Credit rating agency, Bond, Acra, Economy of Russia, Companies

Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

Key Points: 
  • Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
  • Krasnodar, Russia (June 2, 2021): Magnit PJSC (MOEX and LSE: MGNT; Issuer; Company; Group), one of Russia's leading retailers, announces the assignment of the credit rating by ACRA Agency to the exchange-traded bonds of PJSC Magnit.
  • Please note that on June 2, 2021 ACRA (Analytical Credit Rating Agency (Joint Stock Company) assigned credit rating AA (RU) to the exchange-traded bonds of PJSC Magnit.
  • The credit rating of the Company is based on its very strong operating profile, very large size, high profitability, and very strong liquidity.

Magnit opens two more dark stores in Moscow

Retrieved on: 
Tuesday, June 1, 2021
Magnit, Koptevo, MOEX, Moscow, Companies, Economy of Russia

Krasnodar, Russia (June 1, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, has opened two more mini dark stores in Moscow for processing online orders.

Key Points: 
  • Krasnodar, Russia (June 1, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, has opened two more mini dark stores in Moscow for processing online orders.
  • New dark stores are located in the east (Novogireevo district) and northwest (Koptevo district) and are used for express delivery within one hour.
  • m. Their assortment includes around 8,000 items and significantly differs from the ranges of Magnit Convenience brick-and-mortar stores and two other mini dark stores which have been previously opened in Moscow.
  • "In February we launched the first two dark stores in Moscow to see what impact this format will have on the e-com operational efficiency and sales.

Sistema PJSFC: Sistema reports acquisition of shares under buyback programme

Retrieved on: 
Monday, May 31, 2021
Sistema, MOEX, Moscow Exchange, Buyback, Companies, Financial markets, Economy of Russia

Dissemination of a Regulatory Announcement, transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • Moscow, 31 May 2021 - Sistema PJSFC ("Sistema" or the "Company") (LSE: SSA, MOEX: AFKS), a publicly traded Russian investment company, announces that its wholly-owned subsidiary Sistema Finance JSC ("Sistema Finance") acquired 920,200 of the Company's ordinary shares (ISIN: RU000A0DQZE3) under the Company's buyback programme that will be carried out till the end of December 2021 (the "Programme").
  • The shares were purchased on Moscow Exchange (MOEX) by the broker on behalf of Sistema Finance and transferred to Sistema Finance.

S&P upgrades ratings of NCSP from BB to BB+ with a stable outlook

Retrieved on: 
Friday, May 28, 2021
Port operating companies, Novorossiysk Commercial Sea Port, Depositary receipt, MOEX, Economy of Russia, Companies

NCSP Group (LSE: NCSP, MOEX: NMTP) announces that S&P Global Ratings (S&P) upgraded the long-term credit ratings of PJSC Novorossiysk Commercial Sea Port (NCSP) in foreign and national currency from BB to BB+ with a stable outlook.

Key Points: 
  • NCSP Group (LSE: NCSP, MOEX: NMTP) announces that S&P Global Ratings (S&P) upgraded the long-term credit ratings of PJSC Novorossiysk Commercial Sea Port (NCSP) in foreign and national currency from BB to BB+ with a stable outlook.
  • S&P experts expect that the volume of oil transshipments through NCSP ports will increase in 2021, as demand grows amid increased economic activity.
  • PJSC NCSP is traded on Moscow Exchange (NMTP) and London Stock Exchange as global depositary receipts (NCSP).
  • NCSP Group comprises PJSC NCSP, Primorsk Trade Port LLC, JSC Novorossiysk Ship Repair Yard, SC NCSP Fleet, JSC NLE, IPP LLC, Baltic Stevedore Company LLC, and JSC SFP.

Magnit Announces the Results of the Board Meeting

Retrieved on: 
Thursday, May 27, 2021
Magnit, VTB Bank, Tander, Companies, Economy of Russia, Service companies

Krasnodar, Russia (27 May, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces the results of the Board of Directors meeting held on May 27, 2021 (minutes are w/o No.

Key Points: 
  • Krasnodar, Russia (27 May, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces the results of the Board of Directors meeting held on May 27, 2021 (minutes are w/o No.
  • The Board of Directors of PJSC Magnit agreed on the possibility for JSC Tander (Magnit main operating subsidiary) to enter into the Letter of Credit Agreement with VTB Bank PJSC.
  • The Board considered this issue in line with the best corporate governance practice given that two members of the Board (Tim Demchenko and Alexey Makhnev) are related to VTB Bank PJSC.
  • The Board decision was made based on the voting results of seven out of nine Directors, five out of them are independent.

Correction: TCS Group Holding PLC: PDMR Transactions in GDRs

Retrieved on: 
Wednesday, May 26, 2021
Oleg Tinkov, Tinkoff, Moscow Exchange, Economy of Russia, Online banks, Companies, Tinkoff Bank

2312)

Key Points: 
  • 2312)
    TCS Group Holding PLC is an innovative provider of online retail financial services.
  • The Group was founded in 2006 by Russian entrepreneur Oleg Tinkov and has been listed on the London Stock Exchange and on the Moscow Exchange.
  • The 2020 IFRS net income of TCS Group Holding PLC amounted to RUB 44.2 billion.
  • With no branches, the Group serves all its customers remotely via online channels and a cloud-based call centre.

Football for Friendship: 32 International Teams of Friendship Contest Group-Stage Matches

Retrieved on: 
Wednesday, May 26, 2021
Football for Friendship, Gazprom, Football in England, Companies, Economy of Russia

MOSCOW, May 26, 2021 /PRNewswire/ -- On 24thand 25thMay, the participants of the 2021 Football for Friendship eWorld Championship from over 200 countries contested their matches in 32 teams organised into eight groups.

Key Points: 
  • MOSCOW, May 26, 2021 /PRNewswire/ -- On 24thand 25thMay, the participants of the 2021 Football for Friendship eWorld Championship from over 200 countries contested their matches in 32 teams organised into eight groups.
  • The Championship is one of the highlights of this year's Ninth Season of the Gazprom International Children's Social Programme Football for Friendship (F4F).
  • The Open Draw for the eight groups, which were made up of a total of 32 International Teams of Friendship, already took place back at the end of April.
  • In 2020, Football for Friendship took place for the first time in an online format on a specially developed digital platform.

Football for Friendship: 32 International Teams of Friendship Contest Group-Stage Matches

Retrieved on: 
Wednesday, May 26, 2021
Football for Friendship, Gazprom, Argali, Companies, Economy of Russia, Mammals

MOSCOW, May 26, 2021 /PRNewswire/ -- On 24thand 25thMay, the participants of the 2021 Football for Friendship eWorld Championship from over 200 countries contested their matches in 32 teams organised into eight groups.

Key Points: 
  • MOSCOW, May 26, 2021 /PRNewswire/ -- On 24thand 25thMay, the participants of the 2021 Football for Friendship eWorld Championship from over 200 countries contested their matches in 32 teams organised into eight groups.
  • The Championship is one of the highlights of this year's Ninth Season of the Gazprom International Children's Social Programme Football for Friendship (F4F).
  • The teams "Argali", "Bearded Vulture", "Crested Ibis" and "Stoat" with Young Players from 19 different countries have qualified for the semi-final.
  • The Open Draw for the eight groups, which were made up of a total of 32 International Teams of Friendship, already took place back at the end of April.

TCS Group Holding PLC: PDMR Transactions in GDRs

Retrieved on: 
Wednesday, May 26, 2021
Oleg Tinkov, Tinkoff, Moscow Exchange, Economy of Russia, Online banks, Companies, Tinkoff Bank

2312)

Key Points: 
  • 2312)
    TCS Group Holding PLC is an innovative provider of online retail financial services.
  • The Group was founded in 2006 by Russian entrepreneur Oleg Tinkov and has been listed on the London Stock Exchange and on the Moscow Exchange.
  • The 2020 IFRS net income of TCS Group Holding PLC amounted to RUB 44.2 billion.
  • With no branches, the Group serves all its customers remotely via online channels and a cloud-based call centre.