Jun 13, 2013 | Central & Eastern Europe, News, Russia
Moscow (Reuters) – Russian billionaire Alexander Lebedev has been in talks with investors about selling his 4.5 percent stake in flagship carrier Aeroflot OAO, the tycoon was quoted as saying on Thursday by business daily Vedomosti. Lebedev, an outspoken tycoon...
Jun 10, 2013 | Central & Eastern Europe, News, Russia, South & Central Asia
Moscow Times 4 JUne 2013 The bankrupt Uzbek branch of Russian mobile operator MTS will be sold at an auction in July, following a decision taken by the company’s creditors, a news report said Tuesday. Uzdundrobit, which was declared bankrupt in April, will be...
Jun 7, 2013 | Central & Eastern Europe, News, Russia, Western Europe
(Reuters) – Trading house Gunvor has made its first big foray into oil exploration by agreeing to acquire a major stake in Swedish oil firm PA Resources, following in the footsteps of an asset accumulation drive by rivals such as Glencore. PA Resources said in a...
Jun 4, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 30 May 2013 Rail Garant and Rusagrotrans have agreed on the basic terms of a merger agreement that will create Russia’s third largest freight rail operator, Kommersant reported, citing three market sources. The deal is expected to be finalized this...
Jun 4, 2013 | Central & Eastern Europe, News, Russia
MOSCOW May 30 (Reuters) – The naming of a former chief executive of Russia’s state-controlled telecoms company Rostelecom to run Tele2-Russia has increased expectations of a merger between the pair, analysts said on Thursday. Such a deal would create a...
