Nov 20, 2013 | Central & Eastern Europe, Deals, North America
Company Overview: The Company is engaged in the exploration, development and production of petroleum and natural gas properties in the Black Sea Region, with a current focus on Ukraine and Turkey. The Company is incorporated in Ontario, Canada and in February 2012,...
Nov 20, 2013 | Central & Eastern Europe, News, Russia, Western Europe
Europe’s fourth-biggest retailer Metro AG is considering floating a 25 percent stake in its Cash & Carry Russia unit in the European spring, three sources familiar with the deal said on Wednesday. The initial public offering (IPO) could value the unit at no...
Nov 20, 2013 | Central & Eastern Europe, News, Russia
Bloomberg Billionaire Mikhail Prokhorov’s Onexim Group agreed to buy Suleiman Kerimov’s stake in OAO Uralkali, bolstering prospects that a standoff over a global marketing venture for key crop nutrient potash will be resolved. The parties expect the purchase of the...
Nov 20, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News 101StartUp, a Russian Internet fund launched recently, has invested $1.2 million in Fishki.net, a user-generated comedic content website, in exchange for a 25% stake. The news was reported last week by Venture-News.ru based on an interview with...
Nov 20, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Acumatica, a provider of cloud-based ERP solutions for SMBs, announced yesterday that it has raised $10 million in a Series C funding round led by Runa Capital and Almaz Capital, two Moscow-headquartered venture funds operating internationally....
Nov 19, 2013 | Central & Eastern Europe, News, North America, Russia
The Moscow Times The only route to success for Russian technology firms is to launch an operation and find investors in U.S., an investment forum heard. The venture capital market in the U.S. is mature, and investors have experience that Russia, whose investment...
