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Gazprom, Novatek Fail to Reach Deal on LNG Ventures

Gazprom, Novatek Fail to Reach Deal on LNG Ventures

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...
Russia Invests in American Cows

Russia Invests in American Cows

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...
Microsoft Seed Fund backs app development and genetic diagnostics

Microsoft Seed Fund backs app development and genetic diagnostics

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...
Vnukovo Owners Seek to Buy Yermolino Airport

Vnukovo Owners Seek to Buy Yermolino Airport

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....
Gunvor Buys Into Swedish Firm

Gunvor Buys Into Swedish Firm

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...
Video portal Zoomby.ru secures $10 million in funding

Video portal Zoomby.ru secures $10 million in funding

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...
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