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Imperious Group invests $530,000 in Russian-American edutech startup Coursmos

Imperious Group invests $530,000 in Russian-American edutech startup Coursmos

Jun 30, 2014 | Central & Eastern Europe, News, North America, Russia

East-West Digital News Russo-American startup Coursmos, a developer of short online courses, has raised $530,000 from Russian venture fund Imperious Group and business angel Evgeniy Medvednikov. The funds will be used to develop the platform and to add more staff....
Operating Solar Energy Park for Sale in Romania

Operating Solar Energy Park for Sale in Romania

Jun 30, 2014 | Central & Eastern Europe, Deals

This fully-operational and licensed/accredited solar energy park fin Romania has a capacity of 4.89MWp. It is offered for sale at EUR 7.2 million: – Annual energy production: 6,356 MWh; – Tariff Rate: EUR 36/ MWh; – Six Green Certificates/1MWh...
Naspers acquired stake in Russian kids goods online store Esky.ru

Naspers acquired stake in Russian kids goods online store Esky.ru

Jun 25, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News This past February the South-African media group Naspers acquired a 30.7% stake in eSky.ru, a Russian online retailer of children’s goods. The transaction, which amounted to 200 million South African rands (approximately $20 million), has just...
TMT Investments injects $250,000 into ‘Internet of everything’ startup Weaved

TMT Investments injects $250,000 into ‘Internet of everything’ startup Weaved

Jun 25, 2014 | Central & Eastern Europe, News, North America, Russia, Western Europe

East-West Digital News June 25, 2014 Last week TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced the completion of a $250,000 investment in Palo-Alto headquartered Weaved in exchange for a 2.69% stake in the company’s...
LUKoil Buys Into Cameroonian Offshore Project

LUKoil Buys Into Cameroonian Offshore Project

Jun 24, 2014 | Africa, Central & Eastern Europe, News, Russia

Moscow Times June 24, 2014 Russia’s No. 2 oil producer LUKoil has bought a 37.5 percent share in the Etinde project off the coast of Cameroon from Edinburgh-based oil and gas explorer Bowleven, both companies said Tuesday in online statements. At the same time,...
EBRD says plans to invest in Polish private fund’s IPO

EBRD says plans to invest in Polish private fund’s IPO

Jun 24, 2014 | Central & Eastern Europe, News

WARSAW, June 24 (Reuters) – The European Bank for Reconstruction and Development (EBRD) plans to invest up to 50 million zlotys ($16.3 million) to buy around 5 percent in Polish private fund TFI…

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