Rating New rating helps investors identify Russia’s best startups

East-West Digital News Investors now have a new instrument to identify and assess startups: the Russian Startup Index (RSI), which was tested for the first time last week at the Open Innovations international forum in Moscow. Link to Russian Startup Index (RSI) The...

Obninsk to launch $40 million hi-tech technopark

East-West Digital News Obninsk, a ‘science city’ in the Kaluga region, announced plans to build its own $40 million high tech technopark. The effort will be funded on a roughly 50/50 basis between federal and regional coffers, the Nanoprom.ru portal reported earlier...

Germany’s Delivery Hero and Russia’s Foodik announce merger

East-West Digital News Last week, Delivery Hero, a Berlin-based online food ordering company operating in a dozen of countries, and Foodik.ru, announced a merger agreement aiming to “compete for leadership on the Russian market” and “access new international growth...

Freight One Stake Approved for Sale to Lisin

Moscow Times 16 November 2012 The government authorized the sale of 25 percent in Freight One to Vladimir Lisin’s NTK in what may become a major consolidation in the rail transportation industry, Vedomosti reported Thursday. NTK will buy the stake from Russian...