VTB Might Buy Ingosstrakh Stake

VTB is in negotiations to buy out the 40 percent of Ingosstrakh held by Czech investor Petr Kelner’s PPF private-equity firm and Italian insurance giant Generali, according to a source close to one of the Russian insurance company’s shareholders. This was...

Second IT park, new IT village in Tatarstan

East-West Digital News 26 Mar 2012 Russia’s second fastest-growing regional innovation economy in 2011 according to business monitor RBC Daily, is stepping up efforts to assert itself as one of the country’s most business-friendly ecosystems. Less than three years...

M&A Deal-Making Drops

Moscow Times 26 Mar 2012 The Russian mergers and acquisition market posted a drop last year against a global decline in M&A activity, while foreign purchases of Russian assets stayed almost the same. Overall Russian M&A activity totaled $71.1 billion in 2011,...