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MMK posts 68% surge in IFRS net profit for 2023 to $1.3 bln — company

Free money flow for 2023 dropped by 57.6% to $338 mln reflecting growth of capital expenditures amid further implementation of the development strategy

MOSCOW, February 6. /TASS/. Net profit of MMK Group under International Financial Reporting Standards (IFRS) climbed by 68.2% in 2023 compared with 2022 to 118.36 bln rubles ($1.3 bln), the company reported.

Revenue rose by 9.1% in the reporting period to 763.39 bln rubles ($8.4 bln). EBITDA gained 26.2% to 195.6 bln rubles ($2.1 bln) as a result of improvement of the sales structure, including an increase in sales of premium products. EBITDA margin reached 25.6% compared with 22.2% in the previous year.

Free money flow for 2023 dropped by 57.6% to 30.75 bln rubles ($338 mln) reflecting growth of capital expenditures amid further implementation of the development strategy. Capital expenditures of the group amounted to 94.86 bln rubles ($1 bln) in 2023, up by 26.4% compared with 2020 due to continuing implementation of MMK’s development strategy. Net debt was negative at 89.29 bln rubles ($983 mln), while net debt/EBITDA ratio equaled -0.46x.

Rosneft produced 193.4 mln tons of hydrocarbons in 9M 2024 — company

Oil refining stood at 62.6 mln metric tons in nine months of this year

Russia designs Titan rifle for commandos

The rifle is reliable with precise and dense fire

Press review: CSTO discusses Russian weapons as US and Russia continue prisoner talks

Top stories from the Russian press on Friday, November 29th

UK continuing arms supplies to Kiev fraught with conflict of nuclear powers — diplomat

Andrey Kelin noted that "the British have utterly ignored all our warnings and opted for escalatory actions to further worsen the Ukrainian crisis"

Russia ready for talks with Ukraine on conditions proposed in June — Putin

The head of state held a meeting with the leadership of the Russian Foreign Ministry in June, where he listed the conditions for talks with Ukraine

Bilateral exchanges between Russia, North Korea their own business — Chinese MFA

Mao Ning also stated that she was not aware of the details of Belousov's visit and reiterated that China's position on the Ukrainian crisis remains consistent

North Korean leader Kim Jong Un meets with Russian defense minister — KCNA

"Kim Jong Un said that Korea-Russia relations are a strong security mechanism that facilitates the prosperity of the peoples in the two countries, alleviates the situation in the region and guarantees international strategic stability," the news agency said

Foreign fighters involved in terrorist attacks in Aleppo, Idlib provinces — Syrian army

The Syrian Armed Forces’ General Command warned that "terrorist organizations are spreading misleading information, news and videos on their platforms aimed at intimidating citizens"

Russian football chief disappointed national team left off 2026 World Cup draw list

"Until the decision is reversed, our team will have no chance to participate in international competitions," Alexander Dyukov said

Russia not going to leave strikes deep inside country unanswered — Putin

"As I have repeatedly said, we will always respond," the president emphasized

Riot police fully clears square in front of Georgian parliament from protesters

The protesters moved up Rustaveli Avenue

Putting Oreshnik's in Eastern Russia strategic play to help allies, counter US

According to Alexander Stepanov, the deployment makes sense in a situation where the Pentagon continues to project its military presence on Russia's eastern borders

Hungary greenlights pouring of first concrete in Paks-2 NPP foundation — MFA

Hungarian Foreign Minister Peter Szijjarto noted that in order to approve the construction of Paks-2, some not-so-simple safety measures had to be taken

Syrian army eliminates hundreds of terrorists, repelling their attack on Aleppo, Idlib

The Syrian army command reported on November 28 that units of the Jabhat al-Nusra extremist group had staged a large-scale attack on Syria’s northern governorates the day prior

Serbia lauds development of bilateral ties with Russia — Serbian parliament

The senior Serbian lawmaker stressed the importance of parliamentary diplomacy and hailed the activities of groups for cooperation with Serbia in both houses of Russia’s parliament, adding that the Serbian parliamentary group of friendship with Russia "is traditionally one of the largest."

Biden unlikely to dare to seriously increase military aid to Kiev — expert

"The potential future use of Oreshnik will render ATACMS and Storm Shadow as battle-losing capabilities," a retired British diplomat and former economic counsellor at the British Embassy in Moscow Ian Proud said

Western analysts describe Russia's Oreshnik as longest-range weapon ever used in Europe

The recent strike on the Yuzhmash missile-producing plant in Ukraine demonstrated Russia’s "real military capability", a nuclear nonproliferation expert at the Middlebury Institute for International Studies said

Sending EU troops to Ukraine to make peace settlement impossible — Austrian lawmaker

Harald Vilimsky noted that the joint deployment of European troops will further escalate the security situation in Europe

Kiev troops attempted to kill British mercenary who surrendered to Russians — officer

In his words, they fired conventional 120mm mortar rounds, silent munitions and at least one FPV drone with a fragmentation charge

Ukraine demolishes buildings with soldiers inside as Russian forces advance — DPR leader

Amid the successful advance of Russian forces, Ukrainian troops have been indiscriminately attacking civilian neighborhoods in Gorlovka, which is adjacent to Dzerzhinsk, Denis Pushilin said

Syria will not let terrorists 'achieve their diabolical goals,' top diplomat pledges

The top Iranian diplomat noted that the increased terrorist activity in northern Syria is tied to "the US-Israeli plan to destabilize the region amid the Israeli regime’s failures in the Gaza Strip and Lebanon"

West beginning to realize only part of Ukraine will remain — Lavrov

According to the Russian foreign minister, this represents the "confrontational logic" of the West

Kremlin considers militants' attack on Aleppo encroachment on Syria's sovereignty

"We urge Syria’s authorities to reassert control and restore constitutional order as soon as possible," Dmitry Peskov stressed

IN BRIEF: How Russia responded to Kiev’s strikes deep into its territory

Here are the key points about the strikes on Ukrainian military-industrial facilities

Defense Minister notes active expansion of Russia-North Korea military cooperation

"We look forward to close and fruitful cooperation with our Korean comrades," Andrey Belousov said

Russia sees no need to downgrade relations with Poland, ambassador says

Sergey Andreyev explained that relations will eventually need to be restored, so Russia does not want to initiate an escalation

NATO growing more inclined to freeze Ukraine conflict — Russia’s SVR

"NATO has been unfolding training centers in Ukraine in an effort to train at least 1 million mobilized Ukrainians," the SVR highlighted

Ukrainian servicemen abandon military units due to fear of Russian army — official

Kiev is constantly losing control over populated areas because "tens of thousands of tired and desperate Ukrainian servicemen are leaving their positions to flee in an unknown direction," the agency reported

Ukrainian forces follow Russian troops’ example to use fiber optics drones, Putin says

The head of state is confident that there will be a quick response from the Russian side

Scholz shares details of talks with Putin, Zelensky says

The conversation between the Russian president and the German chancellor took place on November 15

Romania, Poland, Germany, UK plan to divide Ukraine — Russia's foreign intel

"A total of 100,000 so-called peacekeepers are planned to be sent to Ukraine," the SVR noted

Russia to pour over OPCW report on use of toxins in Ukraine — diplomat

"After careful analysis of the report, Russian specialists will issue their expert opinion on this matter," Vladimir Tarabrin noted

Debt burden of Russian stands at 11% of total households income — Central Bank

"This is a comfortable level, so we do not see any risks at large," Deputy Governor of the Bank of Russia Philipp Gabuniya said

Root causes need to be addressed to settle Ukrainian conflict — Kremlin spokesman

"Everything here is much deeper than a decision to send a peacekeeper mission," Dmitry Peskov said

Russian Embassy in Argentina monitors situation with malfunctioning ocean liner

The diplomatic mission said that they are in touch with the company organizing the cruise as well as with the Russian citizens onboard the vessel

Russian scientists to develop computer working at ‘speed of light’ by 2027 — researcher

"In the next two years, we plan to create a working prototype with processing speed of over 10 to the power of 19 operations per second, which significantly exceeds the current global level," Alexander Sergeyev said

West refuses to accept proof of Ukraine’s use of chemical weapons — Russian envoy

Vladimir Tarabrin noted that instead, the West is trying to present Russia as violating the Chemical Weapons Convention

US mercenary in-absentia arrest, Ukrainian losses: situation in Kursk Region

Over the day, Ukraine lost more than 340 troops, an armored personnel carrier, an armored combat vehicle, 12 motor vehicles, an artillery piece and six mortars

Closure of Russian consulates general in Poland possible, ambassador says

"Anything is possible, so we have long been prepared for any eventuality," Sergey Andreyev noted

Zelensky reshuffles Ukrainian military command

According to the statement, Mikhail Drapaty has been appointed as the new commander of the Ukrainian ground forces

Peacekeepers deployment in Ukraine possible only with consent of all conflict parties

The Russian Foreign Intelligence Service said in a statement earlier in the day that the West may seek to achieve its objectives in Ukraine by implementing an actual occupation, deploying a so-called peacekeeping contingent of 100,000 personnel, with plans to divide the country among Romania, Poland, Germany, and the UK

Russia to continue gathering evidence about Kiev’s chemical crimes — diplomat

According to Vladimir Tarabrin, Russia’s mission to the OPCW has submitted more than 30 notes to the organization, and they are available to the general public

Russia works on transforming '3+3' platform into organization — senior diplomat

Mikhail Galuzin stressed that the '3+3' regional cooperation platform is important for harmonizing the interests of all countries of the region

Design of super-heavy rocket to be finalized based on new technologies — Roscosmos

"The development of a super-heavy class rocket exposed a need for introducing innovative solutions, including new materials and engines," the press service said

Takeaways from Putin’s Q&A session in Kazakhstan: Oreshnik missile, inflation, ruble

The Russian president also spoke about inflation and the ruble exchange rate, noting that the situation is under control

Russia says Ukraine lost up to 140 troops in battlegroup East’s zone of responsibility

The enemy also lost up a MaxxPro armored fighting vehicle, a Caesar self-propelled artillery unit, a motor vehicle and four fixed-wing unmanned aerial vehicles, said Oleg Chekhov, a spokesman for the battlegroup

Syrian government forces attacking terrorist headquarters in Idlib, Al-Dana — media

The Syrian army command reported on November 28 that units of the Jabhat al-Nusra extremist group had staged a large-scale attack on Syria’s northern governorates the day prior

Elite units of Syrian troops deployed to Aleppo to defeat gangs — newspaper

Earlier, Syrian servicemen eliminated dozens of Jabhat al-Nusra militants during clashes in northern Aleppo

Russia weighs resumption of nuclear tests — senior diplomat

"The situation is quite complicated," Sergey Ryabkov said

West deploying troops to Ukraine to up ante in fight with Russia — senior diplomat

Mikhail Galuzin described such plans as provocative and noted that they "confirm the West’s intention to continue its profound engagement in a direct standoff with Russia"

Aeroflot reports difficulties with purchases, returns of tickets

The service provider takes measures to restore normal operation of the system as soon as possible, Aeroflot said

North Korean leader sees missile strikes inside Russia as Western involvement in conflict

According to the North Korean leader, it should be shown to the "US-led provocative forces" that they will achieve nothing useful if they ignore Russia's warning

Borrell calls for preventing consolidation of whole world against West

The EU diplomatic chief once again tried to portray Russia as an "imperialist" power that allegedly poses "an existential threat" to the EU, if the EU wishes to achieve victory in Ukraine

Russian aerospace forces eliminate at least 20 militants in Syria’s Aleppo, Idlib

Russia’s aerospace forces are backing the Syrian government army and deliver missile strikes on positions of illegal armed groups, their weapons, control centers, and weapons depots, Oleg Ignasyuk, deputy chief of the Russian Center for Reconciliation of the Opposing Parties in Syria said

Niger receives delivery of military equipment from Russia — TV

The report also stated that this delivery highlights the strengthening of military-technical cooperation between Russia and Niger

Putin slams election mudslinging against Trump’s family as 'vile'

According to the Russian president, when gangs fight with each other, they "don’t target women and children but leave them alone"

Police use water cannons against protesters at Tbilisi rally

The protesters were throwing eggs and firecrackers at the policemen

Rosneft produced 193.4 mln tons of hydrocarbons in 9M 2024 — company

Oil refining stood at 62.6 mln metric tons in nine months of this year

Putin apologizes to Merkel over labrador incident

The president said that he "wanted to create a casual, friendly atmosphere" and did not know that the former German chancellor was afraid of dogs

NATO spies study damage from Oreshnik at Yuzhmash — expert

Alexander Stepanov emphasized that both Kiev and its Western allies are closely scrutinizing the consequences of the strike on the plant

Western handlers beginning to dump Zelensky — Ukrainian politician

"Polls are now emerging where Zelensky is no longer at the top but in second or even third place," Viktor Medvedchuk noted

Syrian government army hits militants’ positions in southern Idlib — newspaper

According to Al-Watan, Syrian forces targeted militants’ positions in the al-Ruweiha, Khan al-Sabil, and Maardabsa, as well as in the Jebel al-Zawiya mountainous area in southern Idlib and the city of Mareya north of Aleppo

Putin believes that US President-elect Trump’s life may be in danger

Donald Trump survived two assassination attempts this year: one during a campaign rally in Pennsylvania in July, and the second one in September, when a radical supporter of aid to Ukraine opened fire near Trump’s Mar-a-Lago residence in Florida

Russian passengers on Antarctica cruise liner with engine failure go on hunger strike

The liner left Cape Town on November 13 for a 20-day cruise, and passengers say they paid between $9,000 and $12,000 for the trip

Strike on NATO bases possible in case of escalation, Medvedev says

He made this comment answering a question if Russia can strike military hubs in Romania and Poland

Leonardo booking system’s functionality restored — Rostec

Aeroflot airline said earlier that the issue and the return of tickets and provision of extra services in all sales channels were temporarily complicated due to the system’s failure

Russia against sending OPCW reps to probe into chemical incidents in Ukraine — diplomat

According to Vladimir Tarabrin, Russia doesn’t want to "expose to danger the lives and health of international experts amid the extensive use of various weapons" along the engagement line

Russia-North Korea partnership pact reaffirms their interest in developing ties — Belousov

"We are grateful for the commitment to the course of deepening ties with Russia," the minister said

No turning back on BRICS independent payment system

According to Sergey Ryabkov, BRICS is creating a payment structure that countries of the global majority can use to protect themselves from "hostile states" who want to do them harm

Russian troops liberate four communities in Donetsk area, Kharkov Region over week

Russian forces delivered one massive and 32 combined strikes by air-launched, seaborne and ground-based precision weapons, hitting Ukrainian military airfields and power facilities of defense enterprises over the past week, the ministry reported

Russia winning in Ukrainian conflict, Polish national security chief says

"The Russian side unquestionably holds both the initiative and the advantage on the battlefield," Head of the Polish National Security Bureau Jacek Siewiera said

Hezbollah to coordinate moves with Lebanese military as part of ceasefire

Assessing the outcome of the war with Israel, Hezbollah Secretary-General Sheikh Naim Qassem asserted that the resistance forces had won "the greatest victory over Israel"

Russia's opponents see Finland as springboard in case of open conflict — politician

Leonid Slutsky noted that the current and previous leadership of Finland has been and remains engaged "on the lower turn of the sine wave, which is now marked by a sharp cooling of bilateral relations"

Putin signs law on taxation of digital currencies

According to the law, digital currency is recognized as property

Japan's PM reiterates desire to sign peace treaty with Russia

Moscow and Tokyo have been negotiating a peace treaty to mark the end of World War II since the mid-20th century

Ukrainians flee from Kiev regime to regions reunited with Russia — politician

The process, which can today be confidently called the reunification of the Ukrainian people with Russia, began after the 2014 coup, Viktor Medvedchuk stressed

Welcome to Russia project helps to find spiritual, moral refuge — State Duma deputy

People want to move to Russia to preserve traditional values and maintain their own history, Maria Butina noted

Russians wipe out three Ukrainian strongholds, over 20 Azov fighters in advance on Kharkov

According to Andrey Marochko, during their advance near Kopanki, which was liberated earlier this week, the Russian forces improved their tactical positions southwest of the locality as they also expanded their control zone at this sector of the line of engagement

Oreshnik becomes serious problem for Ukraine — Polish general

According to Waldemar Skrzypczak, satellite reconnaissance failed to detect the launch and flight of this missile

Decision-making centers in Kiev could be targeted in Oreshnik strikes — Putin

The Russian leader also mentioned military facilities and defense industry enterprises as possible targets

Unidentified UAVs continue to appear over US Air Force bases in UK — newspaper

On Tuesday, about 60 British military experts were stationed at US airbases across the UK to operate a counter-UAV system to operate a counter-UAV system designed to detect, track and destroy them

Banning import of food from New Zealand won’t affect Russia — watchdog

Earlier on Friday, the Russian government extended the food embargo for countries that imposed sanctions against Russia until the end of 2026

Kim Jong Un, Russian defense minister discuss development of partnership — KCNA

"The talks featured a broad exchange of views on issues related to further deepening and development of the comprehensive strategic partnership between the two countries, the DPRK and the Russian Federation, in such fields as defense, protection of sovereignty," the news agency said

Paris grants Netanyahu immunity for Lebanon ceasefire role, French magazine says

The report indicates that shortly after the ICC issued its warrant, Macron had a phone conversation with Netanyahu, in which he acknowledged that Paris was obliged to respect the ICC and cooperate fully

US funds 'Nazis, maniacs' in Ukraine, Israel — American journalist

Jackson Hinkle also pointed out that the US authorities are no friend of "freedom-loving American patriots"

Iran’s Revolutionary Guards eyes big response to Israel's latest attack

Iran’s Operation True Promise was carried out in April in response to the Israeli bombing of the Islamic republic’s embassy in Damascus

FACTBOX: What to know about attacks of militants on Syria’s government forces

Hungarian PM sounds alarm over presence of US, French troops in Ukraine

Additionally, the news that Russia used its latest Oreshnik high-precision ballistic missile, which has significant destructive power, to destroy Yuzhmash, a Ukrainian defense plant in Dnipro (previously known as Dnepropetrovsk), is alarming, Viktor Orban stressed

Presidential aide blames West for attempts to harm Russia at sea

Nikolay Patrushev said that in a situation like this Russia should firmly defend its position and prepare tools for the "comprehensive management of maritime activities aimed at ensuring national interests"

Medvedev says Zelensky's fate won't be pretty if Ukraine faces second Maidan

The Russian senior official was indignant over the fact that the Ukrainian Foreign Ministry "condemned the crackdown on protests in Georgia"

Georgian riot police disperses protesters in central street

The police ran after people and detained them, using force, according to a TASS reporter at the scene

Putin approves purchase of Russian Elevator Company from French grain trader Louis Dreyfus

The corresponding order of the president was published on the official portal of legal information

Kiev's defeatist rhetoric may be masking planned attacks on Russia — expert

The enemy may be trying to lull us into a false sense of security by saying that their situation is bad, only to hit us by surprise, Andrey Marochko said

Britain’s MI6 chief admits London's involvement in covert operations in Ukraine

According to Richard Moore, the cost of supporting Kiev was "well known"

Lavrov clarifies Russia's position on Ukraine crisis to foreign diplomats — MFA

"Participants in the roundtable exchanged views on the conflict and other pressing international topics," the ministry stated

Belarusian President Lukashenko points to 'NATOfication' of Europe, entire world

"The arms race is rapidly gaining momentum," Alexander Lukashenko underlined

Russian diplomat says US won’t stop Russia from accomplishing special operation goals

Sergey Ryabkov was responding to a request to comment on news reports that US President Joe Biden had asked Congress for an additional $24 billion in aid for Ukraine

Russian forces wipe out five ATACMS launchers using Iskander missiles

In particular, two MLRS launchers and a transporter-loader vehicle were destroyed near the settlement of Tokari, and three HIMARS launchers were taken out near the settlement of Maly Bobrik, the statement reads

Ukrainian army says desertion main reason for loss of Ugledar

The Ukrainian officer said that each company in his battalion was supposed to have 120 men, but "due to deaths, injuries and desertions," some companies had as few as 10 soldiers

Hungarian PM’s office rules out his trip to Moscow for 80th anniversary of Victory

Gergely Gulyas was commenting on the decision of Slovak Prime Minister Robert Fico to go to the Russian capital to celebrate the anniversary of Victory at the invitation of Russian President Vladimir Putin

Russia’s top diplomat slams NATO for discussions of preemptive strikes on Russia

"These claims were made by some admiral. Absolutely reckless. They have a lot of high-ranking military officials who have never even seen real battle," Sergey Lavrov stated