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Russia to Privatize Additional 431 Companies Through 2016

Russia to Privatize Additional 431 Companies Through 2016

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...
Russia to Make Crimea Special Economic Zone With Zero Tax Rate

Russia to Make Crimea Special Economic Zone With Zero Tax Rate

Mar 31, 2014 | Central & Eastern Europe, News, Russia

Moscow Times March 31, 2014 SIMFEROPOL, Crimea — Russia will make Crimea a special economic zone offering tax breaks and reduced bureaucracy to attract investors, Prime Minister Dmitry Medvedev said Monday. “Our aim is to make the peninsula as attractive as...
Mobile acquiring startup 2can raises $5 million in Series B funding

Mobile acquiring startup 2can raises $5 million in Series B funding

Mar 31, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News March 31, 2014 Smartfin, a provider of mobile payment solutions in Russia under the brand 2can, has just completed a $5 million Series B round of financing with the participation of previous investors InVenture and Almaz Capital, two major...
Russian mobile app developer Iconic Mobile secures $1 million from UK investment firm

Russian mobile app developer Iconic Mobile secures $1 million from UK investment firm

Mar 27, 2014 | Central & Eastern Europe, News, Russia, Western Europe

East-West Digital News March 27, 2014 Mobile app developer Iconic Mobile (formerly known as Ipadizer) has raised $1 million from 515 Capital, a London-based investment and consultancy firm. This is the first funding round for the startup – at a pre-money valuation of...
Venture Capital Market Set to Recover From 2013 Slump

Venture Capital Market Set to Recover From 2013 Slump

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

Moscow Times March 26, 2014 Russia’s venture capital market, after tumbling from the heights it reached in 2012, is set to stabilize in 2014, Russia investment firm Rye, Man & Gor Securities said in a report released Tuesday. Total venture capital...
Leading physicians’ community ‘Doctor At Work’ secures $3 million

Leading physicians’ community ‘Doctor At Work’ secures $3 million

Mar 20, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News March 20, 2014 “Doctor At Work,” Russia’s leading physicians’ community, has just secured $3 million from three major Russian venture funds – existing investors Aurora Venture Capital and Bright Capital, and new investor Guard Capital. The deal...
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