Sep 17, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times The state companies Rosneftegas and Rosneft, headed by Igor Sechin, could be interested in the potash producer Uralkali’s assets, a news report said Monday. A source close to businessman Suleiman Kerimov said that the billionaire’s fund...
Sep 13, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Russian venture fund Prostor Capital has just invested $500,000 in Penxy, a Moscow-based startup that allows presenters to create “narrated slide shows.” The Penxy iOS app, which was released this past June, allows for one-tap streaming and...
Sep 13, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Bashneft plans a foreign share offering around the end of next year, it said on Friday, but has not yet appointed banks or decided on an amount to be sold. The oil production and refining group is controlled by Russian billionaire Vladimir Evtushenkov...
Sep 13, 2013 | Central & Eastern Europe, News, Russia
Reuters MOSCOW, Sept 12 Russia’s state-backed private equity fund RDIF and Deutsche Bank will pay a maximum of $241 million for a 2.45 percent stake in telecoms operator Rostelecom, financial daily Kommersant reported on Thursday. The state-controlled telecoms...
Sep 11, 2013 | Central & Eastern Europe, East Asia, News, Russia
Reuters HONG KONG, Sept 9 – Hong Kong-listed NagaCorp Ltd became the second industry player to take a punt on a Russia entertainment zone not far from Beijing, agreeing to invest $350 million to build a casino, hotel and exhibition venue. NagaCorp, which...
Sep 11, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times State-controlled airline Aeroflot may place a stake of 10 percent on the Moscow Exchange next year, as part of the government’s privatization plans, Kommersant newspaper reported Friday. Aeroflot is one of the companies pinpointed by Russia to be sold...
