1C acquires business mobile app developer Agent Plus

East-West Digital News 22 October 2012 1C, Russia’s leading publisher of entreprise software, has acquired a 51% stake in Agent Plus, a developer of corporate mobile solutions, for an undisclosed amount. The two companies will create a joint venture for R&D and...

Richard Branson Invests in Russian Green Growth

Moscow Times 1 November 2012 British tycoon Richard Branson and Rusnano chief Anatoly Chubais have launched a $200 million investment fund to back green growth and energy-efficiency projects in Russia. The VGF Emerging Market Growth I L.P. — an independent fund backed...

Severstal Mulls Buying ArcelorMittal Unit

Moscow Times 31 October 2012 Severstal is interested in buying French steel producer Florange, a subsidiary of ArcelorMittal, according to unnamed sources cited by French newspaper Les Echos, Interfax reported Tuesday. Talks began two weeks ago, and a representative...

Moscow Seed Fund Moscow Seed Fund backs Teachbase remote tutor

East-West Digital News 18 October 2012 The Moscow Seed Fund, Moscow City’s venture investment arm, announced last week an investment of $300,000 in Teachbase, a start-up offering corporate e-learning and knowledge management services, East-West Digital News learned...