MOSCOW, Apr 12 (PRIME)
PRESS: Telegram said planning IPO for 2023 to be valued at $50 blnMOSCOW, Apr 12 (PRIME) -- Messenger Telegram has started getting ready for a 2023 initial public offering (IPO) to float from 10% to 25% of shares with analysts valuing the whole firm at U.S. $30–50 billion, business daily Vedomosti reported on Monday, quoting sources.
Cbank: Russia’s Feb foreign trade surplus falls 18.5% to $8.3 bln
MOSCOW, Apr 9 (PRIME)Russia’s foreign trade surplus fell by 18.5% to U.S. $8.315 billion in February, the central bank said on Friday.
Putin orders govt to mull support of highly viscous oil projects
MOSCOW, Apr 12 (PRIME)President Vladimir Putin ordered the government and oil companies on Monday to consider supporting projects with highly viscous oil and hard-to-recover oil reserves including by switching to an added income tax.
Norilsk Nickel says to recover Oktyabrsky mine output in April
MOSCOW, Apr 12 (PRIME)Russian metals producer Norilsk Nickel has restarted production at the Oktyabrsky mine and plans to recover output until May, the company said in a statement on Monday.
FOCUS: High-end handsets make half of sellers’ Q1 smartphone sales revenue
MOSCOW, Apr 12 (PRIME)Russians’ appetite for expensive flagship smartphones boosted sales by 20–27% to 153–155 billion rubles in January–March with almost half represented by the devices with a price tag of over 50,000 rubles, electronics sellers said.
MOSCOW, Feb 4 (PRIME) -- The current financial condition of one of Russia’s largest retailer Magnit allows the company to combine expansion, a comfortable debt burden, and payment of good dividends, CEO Jan Dunning said in an interview to PRIME published on Thursday.