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Skolkovo secures $4 billion state funding until 2020

Skolkovo secures $4 billion state funding until 2020

Aug 16, 2013 | Central & Eastern Europe, News, Russia

The Skolkovo Foundation, which manages Russia’s largest state-sponsored innovation hub under construction outside Moscow, will receive another 135.6 billion ruble […]

Moody’s: Acquisition of Scartel/Yota is credit neutral for MegaFon

Moody’s: Acquisition of Scartel/Yota is credit neutral for MegaFon

Aug 15, 2013 | Central & Eastern Europe, News, Russia

Moody’s London, 13 August 2013 — Moody’s Investors Service has today said that it views as credit neutral for MegaFon OJSC (Baa3 negative) the company’s potential acquisition of Scartel/Yota, which is the owner of 2×30 megahertz (MHz)...
Almaz Capital invests in US big data solution provider

Almaz Capital invests in US big data solution provider

Aug 14, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News Almaz Capital Partners, one of the most established Russian venture funds, has discretely launched a second fund with $102 million under management. No noisy announcement was made, but the news was reported in late July by the financial press...
Megafon Strikes $1.2Bln Deal to Take Over Wireless

Megafon Strikes $1.2Bln Deal to Take Over Wireless

Aug 14, 2013 | Central & Eastern Europe, News, Russia

Moscow Times Mobile phone operator Megafon has decided to buy a high-speed Internet provider for $1.2 billion in a bid to cement its lead in the expanding wireless services segment. Control in both companies belongs to Russia’s richest businessman, Alisher...
Onetwotrip acquires US hotel booking startup DealAngel

Onetwotrip acquires US hotel booking startup DealAngel

Aug 14, 2013 | Central & Eastern Europe, News, North America, Russia

East-West Digital News Moscow-based online flight ticket retailer Onetwotrip.com, one of the fastest growing startups on the Russian scene, has fully acquired DealAngel, a startup that has developed an advanced hotel booking technology. The news, revealed earlier this...
Rostelecom sets up venture project department

Rostelecom sets up venture project department

Aug 14, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News Earlier this week Rostelecom, Russia’s national telecom operator, announced the creation of its own “Venture Project Department. The new department will focus on “search, screening, packaging, and test introduction of new products...
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