Oct 9, 2014 | Central & Eastern Europe, News, Russia
Moscow Times October 10, 2014 MTS, Russia’s biggest mobile phone operator, on Thursday received the go-ahead to buy a 49 percent stake in major mobile phone retailer Svyaznoy, according to a statement on the Federal Anti-Monopoly Service’s website. The...
Jul 24, 2014 | Central & Eastern Europe, News, Russia
Moscow Times July 24, 2014 One of Russia’s largest coffee shop chains, Shokoladnitsa, is near to closing a deal to buy out rival company Coffee House, Kommersant reported Thursday, citing sources close to the negotiations. Shokoladnitsa currently boasts 420...
Jul 15, 2014 | Central & Eastern Europe, MENA, News, Russia
Moscow Times July 15, 2014 Turkish companies are planning to build a five-star hotel complex in Makhachkala, the capital of Russia’s restive southern region of Dagestan, at a price of more than $100 million. Named Sarir after a medieval kingdom that once resided...
Jun 23, 2014 | Central & Eastern Europe, News, Russia
Moscow Times June 23, 2014 The Russian Direct Investment Fund, or RDIF, on Monday launched an online information portal aimed at attracting foreign investors to Russia. The Invest in Russia “portal gives clear examples of the successes enjoyed by international...
Jun 5, 2014 | Central & Eastern Europe, News, Russia
Moscow Times Gazprom Neft, the oil-producing arm of Russian state gas company Gazprom, has finalized sponsorship deals with the SKA and Avangard hockey clubs worth a total of about 2 billion rubles ($57 million), Vedomosti reported Wednesday. The St. Petersburg-based...
