Feb 26, 2015 | Central & Eastern Europe, News, Russia
Russian Internet group Mail.ru said on Thursday the sale of its recruitment site might not be completed after the company saw an economic downturn constrain ad spending. Read more…
Nov 21, 2014 | Central & Eastern Europe, China, East Asia, News, Russia
The Moscow Times RusHydro, one of Russia’s largest power generating companies, is set to offer a majority stake in its far-eastern subsidiary to Asian investors, a news report said Friday. The asset in question is RAO Energy Systems of the East, in which...
Jun 24, 2014 | Central & Eastern Europe, News, North America, Russia
Moscow Times June 24, 2014 U.S. healthcare firm Abbott Laboratories is to buy Russian drugmaker Veropharm for up to $495 million, giving it a manufacturing presence in a country where it has been operating for nearly 40 years, Abbott said Tuesday. The deal bucks a...
Apr 4, 2014 | Central & Eastern Europe, News, Russia
Moscow Times April 7, 2014 Russia’s largest steel producer Evraz has sold its Czech subsidiary, Vitkovice Steel, for $89 million to a group of private investors, as it continues to unload assets and cut costs. The buyers also took on the plant’s debt of...
Mar 31, 2014 | Central & Eastern Europe, News, Russia
Moscow Times April 1, 2014 The Cabinet approved a plan to privatize an additional 431 companies through 2016, according to a document published on the government’s website Monday. About 20 percent of Novorossiysk Commercial Sea Port, the Russian Lottery, and...
