Aeroflot Potential Belavia Buyer

Apr 25, 2012 | News

Moscow Times 25 April 2012 Belarus is beginning to privatize Belavia, its national airline, with Aeroflot as a possible buyer. Belarussian Transportation Minister Ivan Sherbo said the privatization of the airline would most likely happen in 2013, Gazeta.ru reported...

Evernote secures $100 million investment at $1 billion valuation

Apr 24, 2012 | News

East-West Digital News 23 April 2012 Evernote, a California-headquatered company founded by a Russian-American team in 2007, has completed a $100 million round at a $1 billion valuation, Business Insider reported last Thursday from “multiple sources.” The round was...

Megafon ownership shaken up, IPO planned for H2 2012

Apr 24, 2012 | News

East-West Digital News 23 April 2012 Megafon, Russia’s second largest mobile operator, has borrowed $4.5 billion with the intention of buying back investor Mikhail Fridman’s 25.1% stake, Reuters reported last week. If successful, the purchase will bring MegaFon closer...

Scartel to focus on Russia, attempts to sell Belorussian subsidiary

Apr 23, 2012 | News

East-West Digital News 20 April 2012 RBC Daily reported earlier this week that Scartel, the leading Russian WiMAX operator operating under the Yota brand, is considering selling its Belorussian subsidiary, Yota Bel, just a few months after starting operations in this...

Milner takes part in Path’s $30 million investment round

Apr 23, 2012 | News

East-West Digital News 18 April 2012 Yuri Milner, co-founder of the prominent Russian Internet fund DST, is among the investors in Path, the much-hyped ‘mobile-centric social network’ launched in 2010. The investment round, which amounts to at least $30 million, was...