As early as this quarter, VTB may carry out a large-scale additional issue at the expense of the state for several hundred billion rubles. It is comparable to the bailout the bank received in 2015 and will help support VTB’s capital position, which has been weakened by the severe crisis since the outbreak of hostilities in Ukraine. The meeting of shareholders of VTB on January 30 approved an increase in the authorized capital of the bank by 301.96 billion rubles. The authorities will give VTB a full stake in the Crimean RNKB (an independent appraiser determined its value at 48.4 billion rubles), as well as requirements under an agreement on the placement of funds from the National Wealth Fund on a subordinated deposit in VTB (according to the law on the budget for 2023, we are talking about about 100 billion rubles). According to Alfa-Bank analysts, the state’s voting share in VTB may increase as a result of the additional issue from 60.93% to 88.3%. @banksta
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By providing discounts, Russian coal miners increased deliveries to South Korea by 24% in 2022, displacing Australia, the main player in this market. The growth in deliveries was facilitated by a short transport distance from the Far East, as well as relatively affordable freight rates, which periodically made it possible to send goods to South Korea even from the ports of the European part of the Russian Federation. @banksta
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????An apartment in a new building for 25,000 rubles a month Is your home more expensive than a rented one? No matter how! In the residential complex “Yuntolovo” from “Glavstroy St. Petersburg” you can buy apartments with a mortgage from 3% per annum. For example, a “one-room apartment” with decoration will cost 25 thousand rubles a month – this is much cheaper than renting a house. But the pluses do not end there: ????The Yuntolovo residential eco-district is: • Proximity to nature – near the Yuntolovsky reserve, the Yuntolovka river • Two kindergartens, a school, shops and coffee shops within walking distance • Own water sports center “Prichal ‘Yu’ • Good-neighborly atmosphere and many leisure options • View-finished apartments • Designer halls in the front doors • Close to the exit to the Ring Road, WHSD and Primorskoe Highway , so 3% is a really generous promotion. BUT, like any benefit, it will not last long – have time to close the deal before February 28, 2023. Details of the promotion and planning
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The IMF has changed its forecast for the Russian economy for 2023. In the previous forecast, the fund predicted a fall of 2.3%, and now the fund expects it to rise by 0.3%. In 2024, the Russian economy is predicted by the IMF to grow by 2.1%. The IMF predicts a slowdown in global consumer price growth to 6.6%, after 8.8% in 2022. Inflation rates will decrease in 84 countries. @banksta
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The Russian Defense Ministry proposed to change the system of cash payments to the military. Now they can receive allowances in almost 80 banks, but the department wants to limit these operations to a narrower circle of credit institutions. @banksta
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The $1.3 trillion Norwegian Wealth Fund, one of the largest investors in the world, reported a record investment loss of 1.64 trillion kroner ($164.4 billion) for 2022 on Tuesday. @banksta
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Demand for rent and purchase of offices in Moscow fell by more than 20% over the year. But even this result turned out to be higher than the pessimistic scenario. @banksta
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The Russians have reduced the payment of debt collectors to a minimum of three years. In 2022, the average payment of Russians on debts fell to a three-year low, NAPCA calculated. @banksta
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The volume of foreign securities blocked abroad, owned by residents of the Russian Federation, is 5.7 trillion rubles, of which over 20% belongs to Russian retail investors, the Central Bank said. @banksta
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The government plans to exempt service companies from taxes to speed up the supply of aircraft parts. In February 2022, the supply of aircraft and components to Russia was limited, and the authorities want to minimize the consequences of the bans. @banksta
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The turnover of online commerce in Russia in 2023 may increase by 25-30% and reach 6.3-6.6 trillion rubles. How can I go online, create my own online store and start trading on markteplaces? If you don’t want to go broke and start quickly, use inSales. The platform allows you to manage all popular marketplaces in one place: upload products to all sites at once, change prices and descriptions in a couple of clicks, and orders from different sites will be waiting in one place. inSales allows you to use all the functionality for free and without restrictions for 14 days, during which time you can feel the main features and create your own online store. Advertising. LLC “INSALES RUS”. Pb3XmBtzsxf3kzdmhjZi73kmd4vjt5DxsHyTHLt
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What wealthy clients asked in 2022: an expanded list of currencies available for conversion with a favorable rate, deposits in yuan with the same rate for any amount, as well as simple and safe solutions for investors, sellers and buyers of luxury real estate. DOM.RF Bank was able to quickly navigate the new conditions and implement these services, as a result of which the Private Banking business grew by 30% last year. How it works – read the article
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The second nationwide strike against raising the retirement age will take place in France. More than 200 demonstrations are expected across the country. In this regard, about 11,000 police officers will be deployed to monitor the situation. @banksta
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Businesses have an erroneous opinion about the readiness of Chinese and Turkish banks to work with Russia, said the vice president of Rosbank. Bank of China can afford to work with SDNs (companies on the US SDN sanctions list), but as long as the bank has SWIFT. If a Russian bank is disconnected from SWIFT, then it ceases to have access to cross-border payments through the Bank of China. Other large Chinese banks – ICBC, China Construction Bank – also do not accept payments from SDN banks. Turkish people do not open accounts in lira. @banksta
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IT Sector News The news went almost unnoticed that in connection with the expansion of SMART Holding, which includes the system integrator SMART Technologies and the largest IT manufacturer Aquarius, moved to a new class A office with an area of 10 thousand square meters. In fact, important trends in the Russian IT market are hidden behind the move of the largest player. It is symbolic that the offices that the Russian IT holding moved into were the mecca of Western vendors: Cisco, Microsoft, Intel and others sat there. True, right now the company has moved to the former office of Adidas, but we can expect that the rest of the vacant space will be occupied by Russian IT companies. Industry media last year already wrote that the production company Aquarius had seriously increased its staff. Only the sales department of Aquarius quadrupled, many employees came from international companies. At least ten top managers were hired for leadership positions. But it is expected that this year, in general, the staff of the holding will double again – against the backdrop of thousands of layoffs in the world’s IT giants, the news looks interesting. At such a rate, the staff is growing for a reason: the holding is increasing the number of customers in different sectors, including due to the departure of Western vendors. Service and support of the equipment of the departed companies, as well as the provision of new equipment for critical systems from Russian manufacturers, falls on the leading Russian integrators, such as SMART Technologies, as well as the development of their own solutions. In production, too, everything seems to be going well: last year, Aquarius expanded and modernized production sites in Shuya and launched a new plant in the Tver region. Already this year, all the necessary components for the production of new models of PDAs and laptops, which will be presented in the coming months, have been delivered to the factories. Aquarius devices go through a full life cycle, from development to implementation, in Russia and are included in the register of Russian radio-electronic products. In general, while the Russian IT market does not feel at all the way it was predicted after the rolling introduction of sanctions: many companies are adapting, growing and developing, mastering new niches, changing development strategies – and moving to new offices. @banksta
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Wildberries began to take money for refusing the package. The client ordered a protective film for watches on the website (231 rubles), instead of it a film came to the phone. The girl immediately returned the goods to the Wildberries point, the operator noted the reason for the return in the system – a discrepancy. However, the funds for the return (delivery back) were still written off (100 rubles). Wildberries support reported that now the company is taking a fine even if the product is defective or non-compliant due to the company’s new rules of January 23. @banksta
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An EU ban on imports of Russian petroleum products will affect the price hike, further burdening US consumers, who suffered from $5 a gallon gasoline prices last summer. @banksta
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Suddenly, the Russian Export Center burst into the ranking of the best employers from HeadHunter. And suddenly – in the category “Mid-sized companies”. According to the results of 2022, which is not the most positive for HR, REC is in the top 20, in 17th place out of 344. And even higher than Moscow Four Seasons hotels. Among state-owned companies and organizations, the REC is in 2nd place. But the most curious thing is that he is quite well-known among those who looked for work last year and entered the most popular companies among job seekers, sharing 32nd place with Norilsk Nickel. Not many people can boast of a positive experience of working as an HR brand in a turbulent environment. @banksta
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Bitzlato co-founder Anton Shkurenko said that the service will someday restore work and pay out funds to users. Earlier, half of the company was arrested by the US and EU authorities.
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Exxon Mobil, the largest U.S. oil and gas company, reported a record $55.7 billion net profit in 2022. Compared to the previous year, the company’s result increased by 2.4 times. @banksta
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Today at a Kommersant conference, Post Bank board member Anton Anishchenko said that it is necessary to create a new savings tool that will help Russians save money and protect them from inflation. Now the yield on deposits and bonds is lagging behind inflation, and citizens want to have a financial cushion to be confident in the future. And now the task of the entire market is to develop and offer such a simple and profitable tool. Well, Post Bank, will you do it? @banksta
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The level of localization of the production of electric vehicles at the Avtotor plant in Kaliningrad will be brought up to 100%, said the head of the region, Alikhanov. At the same time, up to 80-90% of the parts are going to be made in the region, and another 10-20% will be brought from other regions of Russia. @banksta
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Europe managed to avoid the fall of the economy in the acute phase of the energy and inflationary crisis. In the EU countries, the economy grew by 1.8% over the year, the Eurozone countries showed an increase of 1.9%, Germany grew by 1.1%, France showed an increase of 0.5%, and Spain grew by 2.7%. @banksta
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By April, Russian production will fall by 0.6 million barrels per day. due to the lack of tankers to redirect oil after the embargo, according to Goldman Sachs. @banksta
Billionaire Vyacheslav Zarenkov wrote himself into the saints and captured in an icon -painting form, and the church approved
Businessman-builder Vyacheslav Zarenkovthe founder and ex-head of the St. Petersburg construction company Etalon Group, was discovered in an atypical image:...
