Nov 25, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News The famous tech publication Mashable has published its selection of Russia’s 20 “hottest startups.” According to the site, “Russia is gradually becoming a place where its undoubtedly strong education and engineering standards...
Nov 25, 2013 | Central & Eastern Europe, News, North America, Russia
MOSCOW, Nov 21 (Reuters) – Veteran emerging markets investor Mark Mobius said on Thursday he had sold his fund’s stake in Russia’s TNK-BP Holding, walking away from his attempt to get a better buyout deal from the firm’s new owner, Rosneft. *...
Nov 24, 2013 | Central & Eastern Europe, News, Russia
Reuters – Russian investment bank VTB Capital raised $95.2 million from the sale of its stake in software developer Luxoft through a secondary public offering on Friday. The sale of 2.8 million shares, or around 9 percent, was priced at $34 per share, Luxoft...
Nov 24, 2013 | Central & Eastern Europe, News, Russia, Western Europe
The Moscow Times Chief executive and principal owner of oil companies Russneft and Neftisa Mikhail Gutseriyev has bought a 15-percent stake in London-based oil producer Exillon Energy. Exillon’s management said the company may be sold before the year’s...
Nov 24, 2013 | Central & Eastern Europe, News, North America, Russia
The Moscow Times U.S. asset management giant BlackRock pulled more than $100 million from its Russian investments over a seven-day period beginning last week, Prime reported Friday.The amount is about a third of the investment that BlackRock, the world’s largest...
Nov 24, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times The Russian Venture Company is determined to direct the venture capital investment market away from its preoccupation with information technology and toward biotechnology, medicine, energy and other priority sectors, according to a five-year...
