Jun 26, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times The state will not allow foreign bidders to take part in the auction of a stake in Rostelecom but is ready to sell 50 percent of the telecommunications giant to the country’s leading cell phone operators, Kommersant reported Wednesday, citing...
Jun 26, 2013 | Central & Eastern Europe, News, Russia, Western Europe
(Reuters) – Russian IT firm IBS Group’s software development unit Luxoft Holding has received good reaction from investors on the roadshow for its upcoming New York Stock Exchange offering, the CEO of IBS said on Saturday. Switzerland-based Luxoft filed...
Jun 26, 2013 | Central & Eastern Europe, News, Russia
Moscow Times Russia plans to delay its privatization program and hold on to stakes in state companies such as Rosneft for longer, a report said Monday, compounding disappointment for investors who have been pulling money from the country. In 2010, Russia announced...
Jun 18, 2013 | News, South & Central Asia, Western Europe
(Reuters) – Azeri state energy company SOCAR said it has started talks with the Greek government on purchasing the country’s natural gas grid operator DESFA, after being the only bidder in a failed tender for the asset sale. “The tender procedure on...
