Rostelecom sets up venture project department
East-West Digital News Earlier this week Rostelecom, Russia’s national telecom operator, announced the creation of its own “Venture Project Department. The new department will focus on “search, screening, packaging, and test introduction of new products...
Travel Website Buys U.S. Hotel Booking Site
The U.S. hotel-booking website DealAngel has been purchased by the Russian travel site OneTwoTrip, the technology news website VentureBeat reported this week.
Deripaska Puts Out Tender for Krasnodar’s Pashkovsky Airport
The Moscow Times Airport operator Basel Aero, a subsidiary of billionaire Oleg Deripaska’s Basic Element, will begin accepting bids on Sept. 6 to design Krasnodar’s Pashkovsky airport in the first step on its transformation into a major aviation hub. The winner will...
Russian-US PE fund Russia Partners acquires minority stake in Banki.ru
East-West Digital News A minority stake in Banki.ru, one of the largest B2C banking portals on the Russian-language Internet, has changed hands. Finam Global, a Moscow-based investment fund, sold it earlier this month to Russia Partners Technologies, a high tech...