Sep 26, 2013 | Central & Eastern Europe, News, Russia
TechCrunch Sept 26 A spot of consolidation in the Russian online health services space today. Health advice portal VitaPortal, which raised a $2 million Series A last October from Prostor Capital and Esther Dyson, has merged with ZdorovieOnline.ru, a smaller medical...
Sep 26, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times The main owners of indebted Russian drugstore company Pharmacy Chain 36.6 plan to sell down their stakes, Kommersant reported Tuesday. Artyom Bektemirov and Sergei Krivosheyev will sell a stake of about 30 percent in the chain to banker Roman Avdeev...
Sep 26, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News InMyRoom.ru, a Moscow-based startup that promotes home decor items, has just raised half a million dollars. The startup was launched one year ago and allows Internet users to buy interior furnishing and accessories based on attractive photos....
Sep 26, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Alexander Zanadvorov, the owner of upper tier supermarket chain Sedmoi Kontinent, is preparing to sell the chain’s managing company along with the rights to rent 130 of its 160 stores for a 15-year period. The deal could be worth between $2.4...
Sep 25, 2013 | Central & Eastern Europe, China, East Asia, News, Russia
Bloomberg China took a 12.5 percent stake in OAO Uralkali (URKA), the world’s biggest producer of potash, giving the nation a bigger say in a global battle for market share and expanding the reach of its overseas agriculture investments. Chengdong Investment Corp., a...
Sep 25, 2013 | Central & Eastern Europe, News, Russia
Reuters MOSCOW Sep 23 A1, an investment vehicle of Russian billionaire Mikhail Fridman, told Reuters on Monday it had acquired a 24.4 percent stake in Regal Petroleum, which produces gas and gas condensate in Ukraine. News of the deal sent Regal’s shares sharply...