Global game developer Nival raises $6 million from Russia’s Almaz Capital
Nival, a global developer of cross-platform strategy games, announced today that it has secured $6 million from the Russian fund […]
Russia’s Softline Group invests in Bielorussian cloud potential
East-West Digital News Earlier this month, Softline Venture Partners, the venture arm of the Moscow-based international software licensor and IT service provider Softline Group, announced an investment of $750,000 in an advanced IT developer, TurboHeads, in...
iTech Capital invests $10 million in Ticketland
East-West Digital News iTech Capital, a Russian PE & VC fund, announced earlier this week that it has invested $10 million in Ticketland, a major Russian event ticketing company. More than two million tickets for more than 40,000 events are marketed annually via...
RusRating Owner Sells Out to Develop Hong Kong Rating Agency
The Moscow Times Businessman Richard Hainsworth has sold out of local rating agency RusRating, shifting his attention to building an international rating business in Hong Kong. The new owner, Alexander Zaitsev, vowed Friday that he would expand the agency and...
LUKoil in Talks to Sell Out of Venezuela Oil Project
Dec 6 (Reuters) – Russia’s No. 2 oil producer, Lukoil, has been in talks with international majors about selling its stake in a consortium developing a large oil project in Venezuela, Kommersant daily reported on Friday, citing sources. Lukoil declined...