Found: 273

Why is the trade in petroleum products moving to digital platforms?

... traders have historically struggled to transition to selling products and raw materials through e-commerce tools. However, consumer habits are changing, so in the coming years, we will witness dynamic growth in online trade in sectors worth trillions of rubles. The era of coronavirus restrictions has drastically changed trade, primarily impacting B2C markets, which have multiplied in size in recent years. According to the Association of Internet Trade Companies, the online segment now accounts for ...

How a raw materials marketplace takes away market power from traders

... primarily diesel fuel and gasoline, represent a vast market. For instance, they account for about 30% of the total trade turnover on the St. Petersburg International Mercantile Exchange (SPIMEX). We estimate the market’s annual volume at 6 trillion rubles, with about half traded via the exchange and tenders. The rest belongs to the small wholesale segment, known as the end-customer market. Our platform is designed specifically for these buyers: farmers, builders, transporters, etc. They purchase ...

Where is Magnitogorsk Iron and Steel Works (MMK) Investing?

... products for various industrial sectors. The company is actively investing in the modernization of production facilities, environmental projects, and the development of new technologies. Sector: Mining and Metallurgy Investments in 2023: 117.3 billion rubles Investments in 2022: 79.5 billion rubles Key Assets of the Company: Production facilities in Magnitogorsk: The largest metallurgical complex with a full production cycle, starting from the preparation of iron ore raw materials to the deep processing ...

What are the financial results of Astra Group according to IFRS for 9 months of 2024?

The financial results of Astra Group for 9 months of 2024 demonstrate rapid growth - the company's revenue increased by 84%, reaching 8.6 billion rubles. The main growth drivers include strengthening the product ecosystem, increasing the share of support and launching new solutions such as Astra Monitoring and Astra Cloud. Significant contribution to the indicators was also made by agreements concluded ...

Why Exchange Prices for Gasoline Reach Records While Pump Prices Stay Calm

... Let’s explore why retail prices don't follow market fluctuations and what factors influence the final cost of fuel. Exchange prices for gasoline have been hitting record highs daily since the beginning of the week. The price for AI-95 reached 66,034 rubles per ton, the highest peak since September of last year, while AI-92 hit 63,199 rubles per ton, the maximum since the onset of the fuel crisis in August 2023. At the gas stations, however, all remains calm; prices are rising moderately but lag significantly ...