Jun 7, 2013 | Central & Eastern Europe, News, Russia
Moscow Times Gazprom and Novatek have failed to agree on the terms of investment in a number of joint ventures in the Yamal-Nenets Autonomous District, Vedomosti reported, citing sources close to both parties. In April last year, the two companies signed a cooperation...
Jun 7, 2013 | Central & Eastern Europe, News, North America, Russia
Moscow Times 7 June 2013 The right species of foreign agent can get incentives to prosper and propagate in Russia, as shown by a deal announced Thursday. A unit of state-controlled lender Sberbank said it agreed to loan 1 billion rubles ($33 million) to an...
Jun 7, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News 7 June 2013 Last week, the Microsoft Russia Seed Fund announced it has disbursed another $160,000 to support Russian startups developing IT projects. A $60,000 grant went to Appercode from Siberia’s Novosibirsk. The Appercode team pushes a...
Jun 7, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 7 June 2013 The owners of Vnukovo International Airport are interested in obtaining a controlling stake in Yermolino Airport in the Kaluga Region, which may become the fourth major airline hub serving the capital, a news report said Thursday....
Jun 7, 2013 | Central & Eastern Europe, News, Russia, Western Europe
(Reuters) – Trading house Gunvor has made its first big foray into oil exploration by agreeing to acquire a major stake in Swedish oil firm PA Resources, following in the footsteps of an asset accumulation drive by rivals such as Glencore. PA Resources said in a...
Jun 5, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Russian Internet group WebMediaGroup has attracted $10 million for its video portal Zoomby.ru, an aggregator of broadcast quality video content developed in partnership with a state-owned Russian TV channel. The round was carried out by the...