Jun 25, 2013 | Central & Eastern Europe, China, East Asia, News, Russia
PR Newswire 21 June 2013 Today at the St. Petersburg International Economic Forum OAO NOVATEK and China National Petroleum Corporation concluded a framework agreement on cooperation within the Yamal LNG project. The agreement provides for: – acquisition by CNPC...
Jun 25, 2013 | Central & Eastern Europe, Events, News, Russia
Russia Beyond the Headlines Demo Europe, a major start-up and venture conference, took place at Moscow’s Digital October center last week. On June 3 and 4, Russian start-ups presented their projects while venture capitalists listened. All the while, journalists from...
Jun 25, 2013 | Central & Eastern Europe, News, Russia
Russia Beyond the Headlines “Investors have finally started to believe in Russian IT companies,” said head of Moscow-based investment company Runa Capital (valued at $135 million) Sergei Belousov at the 17th St. Petersburg International Economic Forum on...
Jun 24, 2013 | Central & Eastern Europe, News, Russia
Marchmont News RVC, the Russian government’s fund of funds for innovation, and GK Pilot, a leading local systems integrator, have co-invested in “FABRIKA,” an IT park in the southern Russian city of Astrakhan. RVC’s involvement comes through its tributary...
Jun 24, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Russian billionaire Alisher Usmanov, who controls amost 40% of Vkontakte via the Mail.Ru Group, of which he is one of the main shareholders, is no longer considering an IPO for the social network. The decision was reported by the Russian news...
Jun 24, 2013 | Central & Eastern Europe, News, Russia
Earlier this month, Radario.ru, a St. Petersburg-based e-ticketing service for music and entertainment events, closed a $1.2 million investment deal with undisclosed investors in its second round of funding, bringing its total investment since inception to $1.4...