Apr 14, 2014 | Central & Eastern Europe, News, North America, Russia
East-West Digital News Parallels, a global provider of cloud enabling and desktop virtualization solutions founded by a Russian team in 1999, announced last week an expansion of its strategic alliance with technology distributor Ingram Micro Inc. Not only will Ingram...
Apr 11, 2014 | Central & Eastern Europe, News, Russia
GS Venture, the one-year-old venture arm of GS Group, has announced its first international investment. Set up last summer to “support entrepreneurial innovators and startup teams” in Russia, the fund decided to establish presence in Finland with a €200,000 injection...
Apr 7, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News April 7, 2014 Last month St. Petersburg startup FlexyMind closed its second round of funding with an investment from RWM Capital, a Russian fund management firm, for further development of its educational gaming apps for mobile devices, reported...
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...
Apr 3, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News April 3, 2014 Flint Capital, a $30 million high-tech investment fund based in Moscow, has invested in SailPlay, a solution provider for retailers building loyalty programs. Neither the amount of the deal nor the valuation of the startup have...
Apr 3, 2014 | Central & Eastern Europe, News, Russia, Western Europe
East-West Digital News April 3, 2014 GS Group, a St. Petersburg-based industrial holding with vested interests in telecommunications, has bought into Novabase, the leading IT player in Portugal, and is paving the way for a major expansion in Western Europe and Africa....
