Dec 14, 2012 | News
Reuters 13 December 2012 Renault-Nissan finalized a long-awaited deal to take control of Lada-maker AvtoVAZ (AVAZ.MM) as it looks to snatch market share from rivals in Russia by taking the boxy cars upmarket for a rising middle class. Carlos Ghosn, leader of the...
Dec 14, 2012 | News
Moscow Times 14 December 2012 Media entrepreneur Paul Heth, Baring Vostok Private Equity, UFG Private Equity and the Russian Direct Investment Fund have concluded a deal to buy a controling stake in Karo Film, the movie theater chain said Thursday. The consortium will...
Dec 14, 2012 | News
Moscow Times 14 December 2012 Vedomosti: French multinational PPR, which owns the Gucci, Yves Saint Laurent, Puma and Volcom brands, is investing in one of the most rapidly developing segments of the Russian online marketplace — clothing retail. The group acquired a...
Dec 12, 2012 | News
East-West Digital News Samsung Electronics has agreed with Skolkovo, Russia’s largest tech hub nearing completion in the outskirts of Moscow, to set up a corporate R&D Center in the hub. The new center is expected to collaborate with three of Skolkovo’s major...
Dec 12, 2012 | News
East-West Digital News Mail.ru Group, an LSE-listed Russian Internet group partly owned by Russian billionnaire Alsiher Usmanov, may consider selling its 40% stake in VKontakte (VK.com), Russia’s most popular social network. This possibility was discussed earlier this...
Dec 12, 2012 | News
East-West Digital News/Wall Street Journal Yuri Milner, co-founder of the prominent Russian Internet fund DST Global, is among the investors in Prismatic, a San-Francisco based startup that attacks the difficult task of creating personalized news feeds based on users’...
