Aug 30, 2013 | Central & Eastern Europe, News, Russia
MOSCOW Aug 29 (Reuters) – Indebted Russian drug store chain Pharmacy Chain 36.6 is selling its stake in drug producing unit Veropharm for 5 billion roubles ($151 million) as part of a business restructuring. The company said in a statement it had agreed to sell...
Aug 30, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Eruditor, a startup that helps users find hairdressers, fitness instructors, plumbers, or doctors via specialized service marketplaces, has just raised $12 million at an undisclosed valuation from Intel Capital, Frontier Ventures, and Runa...
Aug 29, 2013 | Central & Eastern Europe, News, Russia
(Reuters)MOSCOW Aug 27, 2013 Billionaire Roman Abramovich is close to buying one of the biggest top-end office complexes in Moscow for up to $800 million in what would be Russia’s second-largest office deal, three sources told Reuters. White Gardens, a...
Aug 29, 2013 | Central & Eastern Europe, News, Russia
Aug 28 (Reuters) – Russia’s biggest home electronics retailer M.video said on Wednesday it would not go ahead with a proposed acquisition of closest rival Eldorado because they could not agree on terms. The company also cited requirements imposed by...
Aug 29, 2013 | Central & Eastern Europe, News, North America, Russia
East-West Digital News Digital Fortress, a US-based software developer with Russian roots, rolled out its inaugural mobile app in mid-August, an English-language instant messenger named Telegram. The app is now available on iTunes. Digital Fortress owner Pavel Durov,...
Aug 28, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Three Russian tycoons are bidding against each other for the lucrative project to redevelop Sheremetyevo Airport’s Northern Terminal Complex, a news report said Tuesday. Applications have been submitted by Transstroi, Renova and TPS Avia Group,...
