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Online retailer Holodilnik.ru trades equity for ads

Apr 19, 2013 | Central & Eastern Europe, News, Russia

Holodilnik.ru, Russia’s leading online retailer of household appliances, has offered a minority stake to Media Capital in exchange for a large-scale advertising campaign. This is the first known media-for-equity deal on the Russian Internet market. The transaction’s...
Millhouse to Close Deal to Buy Norilsk Stock

Millhouse to Close Deal to Buy Norilsk Stock

Apr 19, 2013 | Central & Eastern Europe, News, Russia

The Moscow Times Millhouse, which is controlled by Roman Abramovich, will close a deal by early May to buy 5.39 percent in Norilsk Nickel from Interros and RusAl in an effort to end a conflict between the two main shareholders of the nickel producer, Vedomosti...
Russian crowdfunding longs for legislation and trust

Russian crowdfunding longs for legislation and trust

Apr 19, 2013 | Central & Eastern Europe, News, Russia

Around 58 percent of Americans with annual incomes of $25,000 or more are prepared to invest in early-stage startups, according to a U.S. crowdfunding industry study by EarlyIQ, Crowdfund Professional Association, and Crowdfund Capital Advisors. They are prepared to...
Online destination guide for St. Petersburg

Online destination guide for St. Petersburg

Apr 18, 2013 | Central & Eastern Europe, Deals, Russia

The Company is selling the St. Petersburg site for a global destination website, part of a network of over 100 sites around the world which has been running for around seven years and is at the forefront of mobile travel sites. Last year the network attracted 10...
Vardanyan Sells AvtoVAZ Stake to Rostec

Vardanyan Sells AvtoVAZ Stake to Rostec

Apr 18, 2013 | Central & Eastern Europe, News, Russia

Troika Dialog Investments has sold its 20.5 percent stake in car manufacturer AvtoVAZ to Alliance Rostec Auto, the Dutch-registered joint venture of state corporation Rostec and Renault-Nissan, Rostec’s spokesman said Wednesday.
Russian crowdfunding longs for legislation and trust

Drama at Vkontakte: UCP claims 48% stake, CEO is involved in police investigation

Apr 18, 2013 | Central & Eastern Europe, News, Russia

United Capital Partners (UCP), a major Russian fund operating in various industries, claims to have acquired a 48% stake in the country’s leading social network Vkontakte.ru, also known as VK.com. The transaction has been put at doubt, however, by the site’s...
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