Jun 18, 2013 | Central & Eastern Europe, News, Russia
MOSCOW, June 18 (Reuters) – Russian credit card supplier Tinkoff Credit Systems (TCS) has selected banks to organise a stock market listing, a source close to the placement said on Tuesday. Sources said in May that TCS was talking to banks ahead of a possible...
Jun 17, 2013 | Central & Eastern Europe, Deals
The Company has developed an innovative recycling technology for organic and non-organic waste, which is now patented. A pilot plant was constructed and the technology was tested during over two months in late 2012 and the results were even better than expected from...
Jun 17, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 17 June 2013 Otkritie Securities has acquired an 11.4 percent stake in PIK Group, one of Russia’s largest property developers, Kommersant reported, citing PIK. The shares were purchased for nearly $37 million during a recent secondary share...
Jun 17, 2013 | Central & Eastern Europe, News, Russia, Western Europe
East-West Digital News Earlier this month, Russian search giant Yandex announced that it has provided a €150,000 grant to Wikidata, a non-profit organization that is developing a knowledge database with structured information obtained from Wikipedia articles. Launched...
Jun 14, 2013 | Central & Eastern Europe, News, Russia
Moscow (Reuters) – Russian hypermarket chain Lenta, part-owned by U.S. private equity firm TPG and Russia’s VTB Capital, has selected banks for a possible initial public offering (IPO) next year, two sources familiar with the situation said. The banks...
Jun 14, 2013 | Central & Eastern Europe, News, Russia
MOSCOW, June 13 (Reuters) – State technology enterprise Rusnano laid out new plans on Thursday to lure $5 billion in investment to Russia’s technology sector over the next six years after opting out of a previously planned stock exchange listing. Rusnano...
