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TMT Investments injects additional $450,000 in US sales management software company Pipedrive

TMT Investments injects additional $450,000 in US sales management software company Pipedrive

Sep 25, 2013 | Central & Eastern Europe, News, North America, Russia, Western Europe

Last week TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced an additional investment in US software publisher […]

Russia Sells Stake in Maker of AK-47s to Investors

Russia Sells Stake in Maker of AK-47s to Investors

Sep 24, 2013 | Central & Eastern Europe, News, Russia

New York Times Sept 24 MOSCOW — A Russian government-owned conglomerate announced plans on Monday to sell to two private investors just under half of the company that makes Kalashnikov assault rifles. The company, Izhevsk Machine Works, has made AK-47s, which are the...
Inter RAO Seeking to Acquire Nordic Assets

Inter RAO Seeking to Acquire Nordic Assets

Sep 23, 2013 | Central & Eastern Europe, News, Russia

State-controlled power group Inter RAO is on the lookout to acquire assets in the Nordic States as it seeks to expand into a key export market, a board member said in an interview.

Dagestan Partners Up with Silicon Valley

Dagestan Partners Up with Silicon Valley

Sep 23, 2013 | Central & Eastern Europe, News, North America, Russia

The technology incubator is a joint venture between Global Venture Alliance, Summa Group and U.S.-based Plug and Play.

Geolocated job search app launches in Moscow with $300,000 angel support

Geolocated job search app launches in Moscow with $300,000 angel support

Sep 21, 2013 | Central & Eastern Europe, News, Russia

Qwenty, a Moscow based startup developing a mobile app for geolocated job searches, has raised $300,000 from serial startup investor […]

Online hotel booking service Oktogo.ru acquires information portal Travel.ru

Online hotel booking service Oktogo.ru acquires information portal Travel.ru

Sep 17, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News Last week Oktogo.ru announced the acquisition of information portal Travel.ru for a price of “up to $2 million including stock incentives,” according to a company statement. Founded in 1998, Travel.ru is one of the oldest resources in the...
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