Sep 11, 2013 | Central & Eastern Europe, China, East Asia, News, Russia
The Moscow Times Rosneft has offered a stake in an East Siberian oil producer to China National Petroleum Corporation as part of their broader cooperation, sources close to the matter said Tuesday. The sources said Rosneft offered a stake of up to 30 percent in oil...
Sep 11, 2013 | Central & Eastern Europe, News, Russia
TechCrunch Sept 11 Russia is a booming market for startups as the county’s Internet access and 4G networks ramp up. It’s now the biggest single market in Europe, passing Germany a year ago. At the same time the government realises it needs to ween the economy off its...
Sep 11, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News In late August, Babadu.ru, an online children’s goods retailer, secured an investment of “a few million US dollars” from Target Ventures, a Russian fund that invests in the consumer goods industries. The funds will be used to...
Sep 10, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Sept 11 Funds advised by private equity company Baring Vostok have made a huge profit after selling off a 3 percent stake in Yandex for $327 million, a move that reflects a growing trend among the search engine’s shareholders. A notification...
Sep 10, 2013 | Central & Eastern Europe, News, North America, Russia
East-West Digital News Last week Palo Alto, California-based startup Jelastic, which offers a cloud-based hosting platform for Java application developers, announced that it has secured an investment from Maxfield Capital, a $100 million Russian venture fund that...
Sep 9, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Billionaire Suleiman Kerimov may sell his stake in Uralkali, the world’s largest potash miner by output, financial media reported on Monday citing sources. An offer has been made to the tycoon, who has been accused of abuse of power by Belarus...
