Olga Popova

UPDATE 1-Sovcomflot shares drop below IPO price tag in Moscow debut

07 Oct 2020

* Shares down after bottom-end pricing (Adds details, quotes, background)

UPDATE 1-Pandemic winners and losers to end Russia's share sale drought

02 Oct 2020

MOSCOW, Oct 2 Russian companies are poised to end a three-year drought for public share sales with a flurry of deals in Moscow and New York as both winners and losers from the COVID-19 pandemic look to raise funds.

UPDATE 2-Shipping giant Sovcomflot targets at least $500 mln in Moscow IPO

15 Sep 2020

MOSCOW, Sept 15 Sovcomflot plans to raise at least $500 million in an initial public offering (IPO) on the Moscow Exchange, Russia's top shipping company said on Tuesday, in a deal that could value it at roughly $10 billion according to sources.

CORRECTED-Aeroflot to open secondary share offering to private investors -sources

15 Sep 2020

MOSCOW, Sept 14 Russia's top carrier Aeroflot plans to open up its upcoming secondary share offering (SPO), part of state support for the country's biggest airline, to private investors, three sources close to the deal told Reuters on Monday.

Russia's Yandex, seeking funds for growth, doubles new share offering

25 Jun 2020

MOSCOW Yandex has doubled the size of its new share offering to $400 million, the Russian internet giant said on Thursday, which combined with private placements will raise $1 billion to finance acquisitions and growth.

Russia's Sbermarket braces for e-grocery boom

19 Jun 2020

MOSCOW Russian e-commerce company Sbermarket is expecting at least 11-fold growth in its 2020 sales versus last year, as the COVID-19 pandemic triggers a surge in online retail it predicts is the start of permanent change.

With U.S. spy comedy on bill, Moscow drive-in cinema re-opens

12 Jun 2020

MOSCOW Russians got a taste of open-air cinema under balmy twilit skies on Thursday when a Moscow drive-in movie theatre re-opened for business after the city's coronavirus lockdown ended.

Russia's Sovcombank delays listing amid market turmoil

24 Apr 2020

MOSCOW, April 24 Russia's Sovcombank, among the top domestic banks, will delay seeking a stock market listing until next year, according to first deputy CEO and co-owner Sergei Khotimsky on Friday.

Coronavirus forces Russian florists to destroy millions of roses as demand wilts

14 Apr 2020

MOSCOW Russia's rose growers are destroying a million flowers a day after a coronavirus-induced slump in sales, with fears of worse to come as self-isolation measures take hold across the country.

Coronavirus lockdown drives jump in vodka and whisky sales in Russia

09 Apr 2020

MOSCOW Russian retailers have seen a sharp spike in alcohol sales in recent weeks, with consumers rushing to buy vodka, whisky and beer at a time when Moscow and other regions have imposed partial lockdowns to stem the spread of the coronavirus.

World News