... the right to receive damping payments need to be reassessed. Both the Ministry of Energy and the Ministry of Finance prepared a joint solution on this matter back in spring. The full ban on gasoline exports may not have yet affected its market quotes. It is unlikely that oil companies can tighten their belts, as the tax burden on the sector is already the highest in our economy, estimated to reach between 72% and 85%. Additionally, the strengthening of the ruble coincided with a decrease in barrel prices, significantly impacting ...

... Concentration The segment of the largest issuers by capitalization remains disproportionately significant for the index. The concentration of weight in "megacaps" amplifies both upward movements and potential volatility if sentiment shifts. It is important for investors to consider: Domino Effect: a correction in 5-7 companies can set the tone for the entire index. Sector Disbalance: skew towards IT and communications increases sensitivity to news on AI and cloud demand. Quality Differentiation: the gap in revenue and free cash flow (FCF) growth between leaders and ...

... moment, Open Oil Market JSC is conducting a pre-IPO round, raising 1 billion rubles for the development and scaling of the project. The IPO is scheduled for the first half of 2027," the statement said. By 2027, the marketplace plans to increase its annual trading volume to 736 billion rubles and achieve a 22% market share of the overall small wholesale oil product market. It is noted that the annual trading turnover of Open Oil Market has increased 2.7 times since 2021, reaching 5.9 billion ...

Venture capital plays a unique role in financing innovative projects with a high level of risk. Venture capital plays a unique role in financing innovative projects with a high degree of risk. For new companies or those with a short operating history, venture capital is often a popular, and sometimes necessary, avenue to attract funding. More specifically, there are three primary types of venture financing: investments made at: 1. The early (seed) ...

X5 Group invested RUB 135.5 billion in 2023 in retail development, digitalization, logistics, and sustainable development. Find out how Russia's largest retailer is modernizing its retail networks, expanding online services, and implementing environmental initiatives to strengthen its market position and ensure revenue growth. Where Does X5 Group Invest? X5 Group is a leading Russian retailer managing well-known retail chains ...