Jun 21, 2013 | Central & Eastern Europe, MENA, News, Russia
ST PETERSBURG, Russia, June 20 (Reuters) – Russia’s state-backed private equity fund, the Russian Direct Investment Fund, and Abu Dhabi-based Mubadala Development Co are setting up a $2 billion fund to invest in projects in Russia, the parties said on...
Jun 21, 2013 | Central & Eastern Europe, News, North America, Russia
East-West Digital News Mirantis, a California-based software developer and systems integrator with offices in Russia and Ukraine, attracted $10 million in Series A funding round in early June. The investment was made by Ericsson, Red Hat, and SAP Ventures, along with...
Jun 21, 2013 | Central & Eastern Europe, News, Russia
Sotal-Cloud, a Moscow-based developer of video content solutions, has raised 31 million rubles (approximately $1 million) of seed capital in its first round of funding from the government-owned RVC Seed Fund and Sotal-Interactive, a provider of innovative solutions...
Jun 20, 2013 | Central & Eastern Europe, News, North America, Russia
TORONTO, June 19 (Reuters) – A subsidiary of European telecoms company Vimpelcom Ltd (VIP.N) has withdrawn its bid to acquire control of Canada’s Wind Mobile, a surprise move that creates further uncertainty about the future of the upstart Canadian...
Jun 18, 2013 | Central & Eastern Europe, News, Russia
MOSCOW, June 17 (Reuters) – Billionaire Mikhail Fridman’s Alfa Group will invest $20 billion or more in global oil and gas projects through a new fund it has set up that will be advised by top-ranking former oil bosses, including ex-BP chief executive Lord...
Jun 18, 2013 | Central & Eastern Europe, News, Russia
(Reuters) – Russia’s top gas producer Gazprom and state development lender Vnesheconombank (VEB) may place a Eurobond in July, two banking sources told Reuters on Monday. The sizes of the possible issues have not been disclosed. One of the sources said...
