Mar 13, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 12 March 2013 The Economic Development Ministry has proposed selling at least a 50 percent government stake in telecommunications firm Rostelecom after its merger with Svyazinvest is completed, a news report said Tuesday. The proposal was stated in a...
Mar 13, 2013 | Central & Eastern Europe, News, Russia
Reuters) – Russia’s most popular search engine Yandex NV said on Tuesday its existing shareholders, including co-founder and CEO Arkady Volozh, will sell about 7.4 percent of the company’s shares worth roughly $600 million. Yandex said a total of...
Mar 13, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 12 March 2012 Spartak Moscow’s billionaire owner, Leonid Fedun, plans to float the soccer team’s shares on the stock market to recoup some of the huge sums of money he has plowed into the Russian Premier League side. “My dream is to make...
Mar 13, 2013 | Africa, Central & Eastern Europe, News, Russia
JOHANNESBURG/MOSCOW, March 12 (Reuters) – South African media and e-commerce firm Naspers Ltd bought an 18.6 percent stake in Russian internet rival Avito Holdings with an agreed merger of their local classified businesses and $50 million in cash. Naspers...
Mar 13, 2013 | Central & Eastern Europe, News, Russia
IQcard, a Moscow-based startup offering multifunction bank cards, has completed a Series A round of “more than $2.5 million” from Paradigm Investments and TA Venture, as well as from existing investors Fastlane Ventures and Direct Group. Neither the exact...
Mar 12, 2013 | Central & Eastern Europe, Deals
Over the past two years, the Company has developed some exceptional nano-molecules with photocatalyst effect. The Company’s version of Titanium Dioxide is completely different from competitors, solving problems like such as cost-effectiveness, endurance and ease...
