Oct 20, 2013 | Asia, Central & Eastern Europe, News, Russia
MOSCOW | (Reuters) – Russia’s gold and silver miner Polymetal intends to buy a large gold mine in neighbouring Kazakhstan for up to $500 million, around one-third of which could be paid with the firm’s shares, daily Kommersant said on Thursday,...
Oct 20, 2013 | Central & Eastern Europe, News, Russia
MOSCOW, Oct 17 (Reuters) – Russian bank VTB has agreed to sell 50 percent of Tele2 Russia, turning a quick profit and gaining investors with the expertise that could help it to challenge the dominance of Russia’s big three mobile phone operators. * VTB...
Oct 14, 2013 | Central & Eastern Europe, News, Russia, Western Europe
The Moscow Times Italy’s ERG agreed Wednesday to sell its remaining stake in the ISAB oil refinery in Sicily to complete its transformation into a renewable energy company. The company announced that it will sell its 20 percent of the refinery to Russia’s...
Sep 26, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times The main owners of indebted Russian drugstore company Pharmacy Chain 36.6 plan to sell down their stakes, Kommersant reported Tuesday. Artyom Bektemirov and Sergei Krivosheyev will sell a stake of about 30 percent in the chain to banker Roman Avdeev...
Sep 26, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Alexander Zanadvorov, the owner of upper tier supermarket chain Sedmoi Kontinent, is preparing to sell the chain’s managing company along with the rights to rent 130 of its 160 stores for a 15-year period. The deal could be worth between $2.4...
