Aug 29, 2013 | Central & Eastern Europe, News, Russia
Aug 28 (Reuters) – Russia’s biggest home electronics retailer M.video said on Wednesday it would not go ahead with a proposed acquisition of closest rival Eldorado because they could not agree on terms. The company also cited requirements imposed by...
Aug 22, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times As officials scowl at the cargo that goes out through foreign harbors, the government is making headway on a plan to build a $7 billion port on the Black Sea. The Port of Taman will open in 2019 to handle dry cargoes, such as grain and coal,...
Aug 20, 2013 | Central & Eastern Europe, Latin America, News, Russia
The Moscow Times President Vladimir Putin’s calls for domestic companies to repatriate their funds back home from offshore jurisdictions have fallen on deaf ears, with almost half of the $67 billion investment by Russian residents abroad in the first quarter of...
Aug 20, 2013 | Central & Eastern Europe, France, News, Russia, Western Europe
The Moscow Times The government has changed tack in its efforts to save the Russian civil aviation industry. Plans to tap the expertise of multinational European defense and aerospace heavy-hitter EADS have been abandoned as state-owned Vneshekonombank sells its $2.3...
Aug 20, 2013 | Central & Eastern Europe, News, Russia
Moscow Times Rostelecom has launched a 30 billion ruble ($909 million) buyback offer for about 30 percent of the shares held by minority investors, news stories said Friday, citing sources close to the firm. Reports of the buyout, on which the state-controlled firm...
