Apr 18, 2013 | Central & Eastern Europe, News, Russia
United Capital Partners (UCP), a major Russian fund operating in various industries, claims to have acquired a 48% stake in the country’s leading social network Vkontakte.ru, also known as VK.com. The transaction has been put at doubt, however, by the site’s...
Apr 18, 2013 | News, North America
April 17 (Reuters) – Easton-Bell Sports, which makes Riddell helmets for the National Football League and other equipment for the National Hockey League, is being prepared for a sale by its private equity owner, in a deal that could fetch as much as $900...
Apr 18, 2013 | Central & Eastern Europe, News, Russia
“Coercion to innovation” – a term coined by the Russian business media for the Medvedev cabinet’s policy of incentivizing Russian state-controlled businesses and overcoming their general non-receptiveness to modernization – has produced little result, and it is...
Apr 17, 2013 | Central & Eastern Europe, News, Russia
Three major venture capital funds, Moscow-based Runa Capital and Almaz Capital as well as Kiev-based TA Venture, in conjunction with BIONIC Hill innovation park, Ukraine’s first innovation park, are joining forces to establish the Global Technology Foundation...
Apr 17, 2013 | Central & Eastern Europe, News, Russia
Russia’s Far Eastern region of Yakutia (Sakha) is planning to open its own hi-tech park by 2015, the Russian news agency Interfax reported earlier this week, citing a statement by Anatoly Semenov, the CEO of Yakutia, a techno-park already in operation in the area....
Apr 16, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 17 April 2013 ICT Group president Alexander Nesis has sold half of his shares in potash producer Uralkali, Vedomosti reported Tuesday, citing a bond prospectus. His stake was reduced from 9.94 percent to 5.1 percent. Some of the shares could have been...
