Feb 28, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 1 March 2013 Alisher Usmanov’s iron ore and steel group Metalloinvest and Russian Technologies have offered the Udokan copper deposit to mining giant Norilsk Nickel in exchange for 4 percent of the latter’s stock, Russian Technologies CEO...
Feb 27, 2013 | Central & Eastern Europe, News, Russia
Moscow Times The domestic commercial property market received a massive cash injection with the sale of one of Moscow’s largest shopping centers, Metropolis, to Morgan Stanley’s real estate investment unit for a record $1.2 billion. Morgan Stanley Real...
Feb 27, 2013 | Central & Eastern Europe, News, Russia
Russian telecom operator TTK has announced the completion of an across-the-board buyout of 18 regional subsidiaries previously owned by Russian Railways, the national rail operator and TTK’s sole shareholder. To accomplish the task, TTK in December sold 1.069 billion...
Feb 26, 2013 | Central & Eastern Europe, News, Russia
DUBAI/LONDON, Feb 26 (Reuters) – Qatar’s sovereign wealth fund has hired UBS to advise on a possible $3 billion investment in Russian state-controlled bank VTB, three people with direct knowledge of the matter said. VTB has been working on a capital...
Feb 26, 2013 | Central & Eastern Europe, News, Russia
MOSCOW, Feb 27 (Reuters) – Russia is pushing ahead with plans to sell stakes in diamond miner Alrosa and port operator Novorossiisk Commercial Sea Port as part of a privatisation drive, the State Property Agency said on Wednesday. Novorossiisk port stake to go...
Feb 26, 2013 | Central & Eastern Europe, News, Russia
Feb 25 (Reuters) – Russia’s Acron , one of Europe’s top 10 mineral fertiliser producers, may sell up to 20 percent of existing or new shares to investors as soon as market conditions allow, its main owner Viatcheslav Kantor said. “We are ready...
