May 30, 2013 | Central & Eastern Europe, News, Russia, Western Europe
MOSCOW, May 29 (Reuters) – Russian hypermarket chain Lenta, part-owned by U.S. private equity firm TPG and Russia’s VTB Capital, is talking to banks about a possible London listing which could raise at least $1 billion, sources familiar with the matter...
May 30, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News 28 May Moscow-based social network advertising platform Hiconversion announced last week that it has received about 9.1 million rubles (almost $300,000) in seed funding from serial angel investor Igor Ryabenkiy and the Moscow Seed Fund, Moscow...
May 30, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 30 May 2013 Billionaire Mikhail Prokhorov’s Onexim group bought a stake in state bank VTB worth more than $400 million in a share offering earlier this month, a news report said Wednesday. Another billionaire, Suleiman Kerimov, also increased his...
May 29, 2013 | Central & Eastern Europe, MENA, News, Russia
Leading Russian Internet group Mail.Ru Group announced yesterday that it has poured $1.5 million into the Israeli visual search developer Cortica. The funding is part of a larger round led by other undisclosed investors; it brings the total amount attracted by Cortica...
May 29, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 29 May 2013 National air carrier Aeroflot could soon take over one of three of its main competitors, Transaero, UtAir, or Sibir, a news report said Tuesday. No specific decisions have been made yet, but according to a government source, Aeroflot’s...
May 28, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Moscow-based e-learning startup YaKlass has announced that it has secured a seed funding round from Latvia’s Data Pro Group, Russia’s Vesna Investment and entrepreneur Nikita Khalyavin, CNews.ru revealed last week. The amount of the investment...
