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Russian Startups Tune Mission and Gain Experience in Boston

Russian Startups Tune Mission and Gain Experience in Boston

Jul 22, 2013 | Central & Eastern Europe, News, Russia

Moscow Times BOSTON — In the city where the American revolution began in the 1770s and the east coast dot-com revolution was launched more than 200 years later, four teams of young Russian entrepreneurs are working to revolutionize the way the world sees high-tech...
Panasonic Buys Stake in Eastern European Appliance Manufacturer

Panasonic Buys Stake in Eastern European Appliance Manufacturer

Jul 9, 2013 | Central & Eastern Europe, East Asia, News

LJUBLJANA, July 5 (Reuters) – Japanese consumer electronics firm Panasonic Corp will buy up to 13 percent of Gorenje, one of the biggest household appliance makers in Eastern Europe, as it aims to tap growing demand in the region. * Panasonic to buy up to 13 pct...
Rostelecom’s Merger With Svyazinvest Gets Green Light

Rostelecom’s Merger With Svyazinvest Gets Green Light

Jun 28, 2013 | Central & Eastern Europe, News, Russia

Moscow Times Rostelecom’s plan to merger with the state telecom group Svyazinvest and 20 other subsidiaries received a stamp of approval at the extraordinary shareholders meeting, with 97.7 percent of voters supporting the decision. The fact that only 61.6...
Tycoon Rotenberg to Control Sheremetyevo Cargo Operations

Tycoon Rotenberg to Control Sheremetyevo Cargo Operations

Jun 28, 2013 | Central & Eastern Europe, News, Russia

Moscow Times A company controlled by billionaire tycoon Arkady Rotenberg has purchased a controlling stake in the project to build a new air freight terminal at Sheremetyevo Airport, as well as shares in the existing terminal, Kommersant reported Thursday. The new...
Software Developer Luxoft Jumps in NYSE Debut

Software Developer Luxoft Jumps in NYSE Debut

Jun 28, 2013 | Central & Eastern Europe, News, North America, Russia

June 26 (Reuters) – Shares of Luxoft Holding Inc, a provider of software and consulting services to companies such as Boeing Co and UBS, soared in their New York debut, mirroring the strong performance of rival Epam Systems Inc last year. * Luxoft and parent IBS...
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