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...
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...
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...
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...
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,...
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...