Aug 12, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Russian Railways has agreed to sell the defunct 19th century Voitovich rail-car repair plant in the east of the city to Moscow Metro, the state railway monopoly announced Monday. The value of the deal has not been disclosed. The Metro will use the...
Aug 11, 2013 | Central & Eastern Europe, China, East Asia, News, Russia
The Moscow Times Chinese petrochemical corporation Sinopec has bought 25 percent plus one share of the Krasnoyarsk synthetic rubber plant, where the company will produce nitrile butadiene rubbers in a joint venture with Sibur, the Russian petrochemical company...
Aug 8, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Hals-Development is looking to sell its 20-thousand-square-foot business center Danilovsky Fort for $165 million, Kommersant reported Monday. The price is 1 1/2 times the capitalization of the entire company, which was valued at $110 million on the...
Aug 7, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News In late July, Bay.ru (Bayru), a leading cross border sales operator facilitating Russian consumers’ purchases from eBay, Amazon, and other international e-commerce sites, announced that it had raised $4 million to strengthen its marketing and...
Aug 7, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Russian venture fund iTech Capital announced last week its investment in iConText, a leading independent provider of search engine marketing (SEM) services. The transaction amount has not been disclosed, but the fund stated that it acquired...
Aug 7, 2013 | Central & Eastern Europe, Latin America, News, Russia, Western Europe
Moscow Times State gas giant Gazprom is making Latin America its new priority market and is increasing its involvement in the region. In addition to projects in Bolivia and Venezuela, Gazprom is intensifying negotiations with Wintershall to buy into the German...
