Apr 29, 2013 | Central & Eastern Europe, News, Russia
LONDON, April 26 (Reuters) – Indebted Russian steel group Mechel has backed off from selling up to 25 percent of its mining division because of market conditions, sources with knowledge of the matter said. Mechel Mining stake sale on ice until late 2013 Mechel...
Apr 29, 2013 | Central & Eastern Europe, News, North America, Russia
Luxoft, a prominent offshore software developer with headquarters in Moscow, announced last week the acquisition of the open-source solutions of Freedom OSS as well as “some [of its] other assets.” Based in Newtown, PA, Freedom OSS provides clients in the...
Apr 28, 2013 | China, East Asia, News
China Daily China’s largest external contract engineering service provider in the machinery industry is stepping up its efforts at exploring further business opportunities and high technology, reports Ding Qingfen Xu Niansha submitted a simple but highly focused...
Apr 26, 2013 | News, North America
New York Times 25 April 2013 Needing financing for his California vineyard, Ed Sbragia turned to a private equity group that invests in wine-related businesses. When Ed Sbragia started Sbragia Family Vineyards, it was an accomplishment that was nearly a century in the...
Apr 26, 2013 | Central & Eastern Europe, News, Russia
Last week, RVC, the national fund of funds dedicated to innovation, and PWC presented a report about the Russian VC market in 2012. While in 2011 the total amount of deals reached approximately $400 million, the market more than doubled in 2012, reaching $910.6...
Apr 26, 2013 | Central & Eastern Europe, Latin America, News, Russia
Moscow Times 25 April 2013 The executive order on the creation of a joint venture between Rosneft and Corporacion Venecolana del Petroleo, a subsidiary of Venezuelan oil company PDVSA, has officially gone into effect following its publication in the government...