Apr 13, 2012 | News
East-West Digital News 11 April 2012 The 2011 valuation of Avito.ru, Russia’s leading classifieds site by brand awareness and number of users, amounted to $158.73 million, according the annual report issued by minority shareholder Vostok Nafta earlier this month....
Apr 13, 2012 | News
East-West Digital News 11 April 2012 Just two months after it began serving Kazakhstan, Biglion, the leading Russian daily deal site, has acquired Bongo.by, a Belorussian analog. The transaction was announced yesterday by Biglion’s Development Director Oleg Savtsov in...
Apr 12, 2012 | News
Just-Drinks 11 April 2012 Abrau Durso has floated on the Moscow Stock exchange today (11 April). Shares in Russia’s oldest sparkling wine house are being offered at RUB5,324 (US$179.34) each. Speaking to just-drinks, company director Pavel Titov said that the...
Apr 12, 2012 | News
East-West Digital News 10 April 2012 Kupikupon.ru, a major daily deal site, has acquired Moresalonov.ru, an online booking service for beauty salons, for an undisclosed amount, reported Unova, a Russian site dedicated to high tech and venture news. The clients of...
Apr 12, 2012 | News
Bloomberg via Moscow Times 12 April 2012 HELSINKI — TeliaSonera, Sweden’s biggest phone company, said it’s negotiating with investment partners Altimo and AF Telecom on the future of MegaFon, Russia’s second-largest mobile operator. “The three...
Apr 11, 2012 | News
Moscow Times 11 April 2012 Russian Technologies may sell a 45 percent stake in VSMPO-Avisma, the titanium producer that supplies the metal to companies including Boeing, Kommersant reported, citing people familiar with the plan. Russian Technologies has begun talks on...