Jun 20, 2013 | News, South & Central Asia
Moscow Times ALMATY, June 18 — Kazakhstan’s Halyk Bank, the Central Asian nation’s largest lender, said Tuesday that it expected to sell its pension fund by the end of 2013, making clear it preferred cash to the government’s offer of shares in...
Jun 17, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 17 June 2013 Otkritie Securities has acquired an 11.4 percent stake in PIK Group, one of Russia’s largest property developers, Kommersant reported, citing PIK. The shares were purchased for nearly $37 million during a recent secondary share...
Jun 7, 2013 | Central & Eastern Europe, News, Russia
Moscow Times Gazprom and Novatek have failed to agree on the terms of investment in a number of joint ventures in the Yamal-Nenets Autonomous District, Vedomosti reported, citing sources close to both parties. In April last year, the two companies signed a cooperation...
Jun 7, 2013 | Central & Eastern Europe, News, North America, Russia
Moscow Times 7 June 2013 The right species of foreign agent can get incentives to prosper and propagate in Russia, as shown by a deal announced Thursday. A unit of state-controlled lender Sberbank said it agreed to loan 1 billion rubles ($33 million) to an...
Jun 7, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 7 June 2013 The owners of Vnukovo International Airport are interested in obtaining a controlling stake in Yermolino Airport in the Kaluga Region, which may become the fourth major airline hub serving the capital, a news report said Thursday....
