Mar 31, 2013 | Central & Eastern Europe, News, Russia
MOSCOW, March 29 (Reuters) – Russia’s top mobile phone operator MTS said on Friday it has acquired a 25.1 percent stake in MTS Bank for 5.1 billion roubles ($164 million) by buying additional shares issued by the bank. The deal was concluded in accordance...
Mar 29, 2013 | Central & Eastern Europe, News, North America, Russia
RVC USA, the Boston-based representative office of the Russian state-owned fund of funds RVC, is raising a new venture fund to back US startups with connections to Russia and help Russian startups enter the US market. While the Russian government might raise $20...
Mar 29, 2013 | Central & Eastern Europe, News, Russia
Leading Russian payment operator Qiwi filed a registration statement with the U.S. regulator, the SEC (Securities & Exchange Commission) on Wednesday, to raise up to $100 million from an initial public offering. J.P. Morgan and Credit Suisse will act as joint...
Mar 29, 2013 | Central & Eastern Europe, News, Russia
Two major Russian Internet groups – Rambler-Afisha and SUP Media – have announced plans to merge, creating an entity that will have a combined audience of 35 million users. The two firms claim they will have the third-largest Internet audience in Russia after the...
Mar 28, 2013 | Central & Eastern Europe, Events, Russia
Meet Russian Oil, Gas, Banking and Investment executives and State representatives. The Forum is organized by Russian Sustainable Investment Initiative and WWF Russia. With numerous attendees from the Russian Government, the State Duma, Russian Banks, Family Offices,...
Mar 28, 2013 | Central & Eastern Europe, News, Russia
In its pursuit of leadership in the Russian online travel market, online hotel booking service Ostrovok.ru has raised $25 million – its fourth fundraising operation in less than two years. General Catalyst Partners has led the round, with participation from Accel...
