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Almaz Capital Expands in Silicon Valley

Almaz Capital Expands in Silicon Valley

Aug 26, 2013 | Central & Eastern Europe, News, North America, Russia

The Moscow Times WASHINGTON — Russian-American venture capital firm Almaz Capital has expanded its Silicon Valley team, adding a new managing director and a new investment chief, the firm has announced. Ross Hangebrauck, a former Navy SEAL, financial adviser and...
Mechel Unloads Ukrainian Plant For 2,000 Euros

Mechel Unloads Ukrainian Plant For 2,000 Euros

Aug 26, 2013 | Central & Eastern Europe, News, Russia

The Moscow Times Vadim Varshavsky, founder of the steel holding company Estar, is trying to regain the assets he sold to the now debt-laden Russian steel and coal producer Mechel. The first business returned will be the Donetsk Electrometallurgical Plant, a steel...
LUKoil Affiliate to Buy Bulgarian Wind Farms

LUKoil Affiliate to Buy Bulgarian Wind Farms

Aug 22, 2013 | Central & Eastern Europe, News, Russia, Western Europe

The Moscow Times A joint venture of the Italian energy company ERG and LUKoil, Lukerg Renew, has received approval to buy four wind energy companies in northeastern Bulgaria and beef up its clean energy profile in Europe. The Bulgarian Competition Protection...
Kerimov Ups Uralkali Stake to 22 Percent

Kerimov Ups Uralkali Stake to 22 Percent

Aug 22, 2013 | Central & Eastern Europe, News, Russia

The Moscow Times Billionaire Suleiman Kerimov’s investment vehicle, Nafta Moskva, raised its stake in Russian potash producer Uralkali by 4.55 percent last month, but before the company’s market-shaking fallout with Belarussian partner Belaruskali last...
Government Plans $7Bln Port on Black Sea Coast

Government Plans $7Bln Port on Black Sea Coast

Aug 22, 2013 | Central & Eastern Europe, News, Russia

The Moscow Times As officials scowl at the cargo that goes out through foreign harbors, the government is making headway on a plan to build a $7 billion port on the Black Sea. The Port of Taman will open in 2019 to handle dry cargoes, such as grain and coal,...
Pharmstandard OJSC to acquire Singapore-based Bever Pharma for US$ 590 million

Pharmstandard OJSC to acquire Singapore-based Bever Pharma for US$ 590 million

Aug 21, 2013 | Central & Eastern Europe, News, Russia, Southeast Asia

Pharmabiz.com 16 Aug 2013 Pharmstandard OJSC, Russia’s leading pharmaceutical company which develops and manufactures high-quality modern pharmaceutical products, has agreed to acquire 100 per cent share capital of Singapore-based Bever Pharmaceutical Pte Ltd. Total...
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