Mar 18, 2013 | Central & Eastern Europe, News, Russia
Last week, Ponominalu.ru, a Moscow-based online provider of show tickets, announced the completion of its first round of financing, securing $1.5 million from Buran Venture Capital at an undisclosed valuation. Ponominalu.ru is expected to use the investment capital to...
Mar 18, 2013 | Central & Eastern Europe, Events, News, Russia
This Monday, a group of select innovation experts and mentors is starting a six-week-long road show through 15 Russian cities – from Rostov-upon-Don, to Astrakhan, to Tomsk, to Vladivostok in the Far East – aiming to meet thousands of local startup entrepreneurs,...
Mar 17, 2013 | Central & Eastern Europe, News, Russia
MOSCOW/ST.PETERSBURG, Russia, March 15 (Reuters) – VTB , Russia’s No.2 bank, set out plans for a 100 billion rouble ($3.3 billion) share sale in Moscow, that could signal a desire to secure sources of funding if talks with sovereign wealth funds come to...
Mar 14, 2013 | Central & Eastern Europe, News, Russia
Russia Beyond the Headlines 12 March 2013 The Russian winemaker is looking for an investor to help it develop new sales channels and increase output. However, the company is not selling a controlling share, which is why Russian investors have been hard to find....
Mar 14, 2013 | Central & Eastern Europe, News, Russia, Western Europe
FRANKFURT/MOSCOW, March 11 (Reuters) – German truckmaker Daimler said on Monday it aimed to raise its stake in Russian peer Kamaz, after Kamaz’s Russian shareholder said talks had stalled over price. Daimler, which owns 11 percent of Kamaz directly, has a...
Mar 14, 2013 | Central & Eastern Europe, News, Russia
Moscow Times (from Reuters) 14 March 2013 Representatives of the Alfa Group, set to earn billion of dollars from the sale of British-Russian oil venture TNK-BP, have sounded out former BP CEOs John Browne and Tony Hayward about investing jointly in international oil...
