OTR-21 Tochka

QIWI Announces the Sale of its stake in Tochka Project

Retrieved on: 
Wednesday, July 21, 2021
Guided missiles, Missiles, Finance, Electronic funds transfer, Otkritie FC Bank, OTR-21 Tochka, Qiwi, Bank, Investment banking

Tochka is QIWIs equity associate that was established by QIWI, Otkritie Bank and Tochkas management team in June 2018.

Key Points: 
  • Tochka is QIWIs equity associate that was established by QIWI, Otkritie Bank and Tochkas management team in June 2018.
  • QIWI Bank and Otkritie Bank both provide banking services to Tochka clients, while Tochka handles IT infrastructure, support and related services.
  • The total amount of investment that QIWI made into the Tochka project equals to RUB 2.1 billion.
  • Throughout the holding period QIWI has also received RUB 0.6 billion in dividends from Tochka.

Azerbaijanis Living in the United States Beg U.S. Government to Intervene and Stop Armenian Aggression

Retrieved on: 
Sunday, October 11, 2020
Guided missiles, Missiles, Weapons, OTR-21 Tochka, Armenian Army, Armenia–Azerbaijan border

Armenian forces fired Tochka-U ballistic missile at a residential building killing at least nine people and injuring 34 others, including minors.

Key Points: 
  • Armenian forces fired Tochka-U ballistic missile at a residential building killing at least nine people and injuring 34 others, including minors.
  • "The Armenian army opened fire on the densely-populated civilian areas on the frontline resulting in casualties and extensive damage."
  • We are worried about our families and friends, and we believe the United States has many motivations for getting involved."
  • Their actions should be unilaterally condemned by international organizations and they should be forced to stop their strategic military aggression immediately.