Dec 8, 2013 | Central & Eastern Europe, East Asia, News, Russia
The Moscow Times Businessman Richard Hainsworth has sold out of local rating agency RusRating, shifting his attention to building an international rating business in Hong Kong. The new owner, Alexander Zaitsev, vowed Friday that he would expand the agency and...
Nov 24, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times The Russian Venture Company is determined to direct the venture capital investment market away from its preoccupation with information technology and toward biotechnology, medicine, energy and other priority sectors, according to a five-year...
Nov 24, 2013 | Central & Eastern Europe, News, Russia, Western Europe
The Moscow Times Chief executive and principal owner of oil companies Russneft and Neftisa Mikhail Gutseriyev has bought a 15-percent stake in London-based oil producer Exillon Energy. Exillon’s management said the company may be sold before the year’s...
Nov 7, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times City Hall plans to sell 39 cinemas, some of which are currently shut, to investors who will be tasked with transforming them into attractive entertainment hubs, a senior Moscow official said Thursday. Ten of the cinemas will be auctioned off on Dec....
Nov 7, 2013 | Central & Eastern Europe, News, North America, Russia
The Moscow Times The American finance giant Goldman Sachs and VTB Capital could buy into Russian Fitness Group, one of the leaders on the domestic market of fitness services. The group, which owns the fitness club networks World Class and FizKult, may see one of its...
