Apr 3, 2013 | Central & Eastern Europe, News, Russia
MOSCOW, April 1 (Reuters) – LUKOIL, Russia’s second-largest crude oil producer, agreed to acquire small producer Samara-Nafta for $2.05 billion from Hess Corp as part of a long-term strategy to stabilise falling oil output. Samara-Nafta produces 50,000...
Apr 3, 2013 | Central & Eastern Europe, News, Russia
Moscow April 2 (Reuters) – Russia’s largest steelmaker Evraz said on Tuesday it had acquired a controlling stake in an iron ore project in Russia’s far-Eastern Yakutia region for 4.95 billion roubles ($160 million). The company, controlled partly by...
Mar 18, 2013 | Central & Eastern Europe, France, News, Russia, Western Europe
Paris (Reuters) – A Russian developer who plans to build what would be Europe’s tallest residential towers in Paris said he had provisionally lined up financing from Russia’s Sberbank towards the 2.3 billion euro ($3 billion) project. The loan amount...
Mar 17, 2013 | Central & Eastern Europe, News, Russia
MOSCOW/ST.PETERSBURG, Russia, March 15 (Reuters) – VTB , Russia’s No.2 bank, set out plans for a 100 billion rouble ($3.3 billion) share sale in Moscow, that could signal a desire to secure sources of funding if talks with sovereign wealth funds come to...