Nov 14, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times The Cabinet is opposed to the idea put forth by Rosneft’s President Igor Sechin that his firm buy the state’s stake in the port of Novorossiysk, high-ranking officials familiar a report on the facility’s privatization said Monday....
Nov 14, 2013 | Central & Eastern Europe, News, Western Europe
WARSAW, Nov 6 (Reuters) – Builder Budimex, the Polish arm of Spain’s Ferrovial, will sell one of its companies to private equity firm Equity Investors for 238.6 million zlotys ($77.37 million), it said in a statement on Wednesday. Budimex is Poland’s...
Nov 12, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Dmitry Mazepin, owner of Russian fertilizer producer Uralchem, has joined the race to take a stake in the world’s largest potash miner Uralkali, three sources familiar with the discussions said Tuesday. Since Uralkali left a potash cartel with a...
Nov 12, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News The Microsoft Russia Seed Fund has recently disbursed $140,000 in grants to four Russian startups, bringing the total number of young Russian tech companies it has backed to 35. Last week, Moscow’s AdWired received $50,000 to continue developing...
Nov 7, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times City Hall plans to sell 39 cinemas, some of which are currently shut, to investors who will be tasked with transforming them into attractive entertainment hubs, a senior Moscow official said Thursday. Ten of the cinemas will be auctioned off on Dec....
Nov 7, 2013 | Central & Eastern Europe, News, North America, Russia
The Moscow Times The American finance giant Goldman Sachs and VTB Capital could buy into Russian Fitness Group, one of the leaders on the domestic market of fitness services. The group, which owns the fitness club networks World Class and FizKult, may see one of its...
