Jun 27, 2013 | Central & Eastern Europe, News, Russia
SUEK, Russia’s biggest coal miner, is considering setting up its own rail freight operator, Kommersant reported Wednesday. SUEK accounts for almost 10% of Russia’s gondola car market. While it regularly needs about 40,000 gondola cars, a number comparable...
Jun 26, 2013 | Central & Eastern Europe, News, Russia
Moscow Times President Vladimir Putin relieved state companies from making compulsory contributions to the Skolkovo University of Science and Technology, or Skoltech, endowment fund, established last year by his predecessor Dmitry Medvedev, Vedomosti reported Monday....
Jun 26, 2013 | Central & Eastern Europe, News, Russia, Western Europe
MOSCOW, June 18 (Reuters) – Russian niche coal miner Siberian Anthracite plans to list its shares in London and could raise up to $200 million, two market sources said, but it may struggle to attract investors at a challenging time for coal producers. * Plans to...
Jun 26, 2013 | Central & Eastern Europe, News, Russia
Moscow Times The head of Bank Rossiya and President Vladimir Putin’s close associate Yury Kovalchuk could buy a 30 percent stake in Tele2 cellphone operator, Vedomosti reported Monday. Two sources close to VTB said Bank Rossiya had agreed in principle to buy 30...
Jun 26, 2013 | Central & Eastern Europe, News, Russia
Moscow Times Two years after being born during the 2011 St. Petersburg International Economic Forum, Russia’s state owned fund for attracting foreign investment has hammered out five key partnership agreements with both private and government run global peers. It has...
