Obninsk to launch $40 million hi-tech technopark

East-West Digital News Obninsk, a ‘science city’ in the Kaluga region, announced plans to build its own $40 million high tech technopark. The effort will be funded on a roughly 50/50 basis between federal and regional coffers, the Nanoprom.ru portal reported earlier...

Germany’s Delivery Hero and Russia’s Foodik announce merger

East-West Digital News Last week, Delivery Hero, a Berlin-based online food ordering company operating in a dozen of countries, and Foodik.ru, announced a merger agreement aiming to “compete for leadership on the Russian market” and “access new international growth...

Landmark Swiss Mountain Hot Spring Resort

Acquire a modern fully developed Swiss Alps resort built around a hot spring near Lake GenevaThe BusinessThis Property is a landmark, top resort in the Swiss Alps composed of a 120 room/suite 4+ star hotel, a large indoor and outdoor wellness complex with a natural...

Freight One Stake Approved for Sale to Lisin

Moscow Times 16 November 2012 The government authorized the sale of 25 percent in Freight One to Vladimir Lisin’s NTK in what may become a major consolidation in the rail transportation industry, Vedomosti reported Thursday. NTK will buy the stake from Russian...