Apr 25, 2012 | News
Moscow Times 25 April 2012 Fast Lane Ventures, a backer of Russian online start-up firms, has raised $18 million from investors led by VTB Capital, signaling rising investor appetite for Russia’s Internet market. The cash will be used to develop FLV’s...
Apr 25, 2012 | News
Moscow Times 25 April 2012 Belarus is beginning to privatize Belavia, its national airline, with Aeroflot as a possible buyer. Belarussian Transportation Minister Ivan Sherbo said the privatization of the airline would most likely happen in 2013, Gazeta.ru reported...
Apr 24, 2012 | News
East-West Digital News 23 April 2012 Evernote, a California-headquatered company founded by a Russian-American team in 2007, has completed a $100 million round at a $1 billion valuation, Business Insider reported last Thursday from “multiple sources.” The round was...
Apr 24, 2012 | News
East-West Digital News 23 April 2012 Megafon, Russia’s second largest mobile operator, has borrowed $4.5 billion with the intention of buying back investor Mikhail Fridman’s 25.1% stake, Reuters reported last week. If successful, the purchase will bring MegaFon closer...
Apr 23, 2012 | News
East-West Digital News 20 April 2012 RBC Daily reported earlier this week that Scartel, the leading Russian WiMAX operator operating under the Yota brand, is considering selling its Belorussian subsidiary, Yota Bel, just a few months after starting operations in this...
