Oct 31, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Billionaire Arkady Rotenberg could soon become a co-owner of Prosveshcheniye, Russia’s leading publisher of school textbooks, an unidentified publisher said Thursday. Prosveshcheniye bought the Olma Media Group publishing company in 2012 and was...
Oct 31, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News ImpulseVC, web and media venture fund and incubation structure launched last week in Moscow, has injected $450,000 into Retail Rocket. The news was reported by Russian tech blog Firrma, based on an exchange with the startup’s founder Nikolai...
Oct 30, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Rosneft, the world’s largest listed oil company by output, has asked President Vladimir Putin to sell it the state’s 20 percent stake in Novorossiisk Commercial Sea Port, or NCSP, Reuters reported. Rosneft CEO Igor Sechin, a Putin ally,...
Oct 30, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times National shoe retailer Obuv Rossii, or Russian Footwear, plans to carry out an initial public offering on the Moscow Exchange by the end of the year, the company’s chief and largest shareholder Anton Titov said Wednesday. The Novosibirsk-based...
Oct 30, 2013 | Central & Eastern Europe, News, Russia
Oct 30 (Reuters) – Russia’s Otkritie Financial Corp. is buying mid-sized Petrocommerce bank from IFD Kapital, an investment company with ties to energy major Lukoil’s largest shareholders, Otkritie said in a statement on Wednesday. Petrocommerce,...
Oct 29, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times A U.S. biotech firm has announced that a subsidiary has won a $4.6 million dollar contract in research funding from the Russian Industry and Trade Ministry, barely a week after announcing an earlier funding agreement with Moscow, a medical news...
