Aug 6, 2013 | Central & Eastern Europe, News, Russia
Moscow Times Yota founders Sergei Adonyev and Albert Avdolyan plan to sell their 13.5 percent share in Garsdale Services, the company that owns Skartel and the Yota brand, in another development related to the Megafon-Yota merger, Vedomosti reported Tuesday. The 13.5...
Aug 6, 2013 | Central & Eastern Europe, News, North America, Russia
(Reuters) – Billionaire Russian businessman Gennady Timchenko, a long-time associate of Russian President Vladimir Putin, plans to seek U.S. government-backed funding to buy luxury aircraft, Reuters has learned. To smooth the path for financial backing from the...
Aug 5, 2013 | Central & Eastern Europe, News, North America, Russia
The Moscow Times Investment group Sputnik and its Russian partners have purchased a 35 percent stake in PalliaTech, an American producer of marijuana-based pain medication. The deal was worth $10 million, making it a relatively small investment for Sputnik, its CEO...
Aug 4, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Independent gas producer Novatek has become the second Russian presence on the Polish gas market after buying storage facilities and a retail network for liquefied petroleum gas from Statoil Fuel & Retail Polska. The acquisition will allow...
Aug 2, 2013 | Central & Eastern Europe, News, North America, Oceania, Russia
RIA Novosti WASHINGTON — Texas-based oil and gas exploration and production company Range Resources has announced that its Australian merger partner International Petroleum is in talks to sell off its Russian assets, business website Interactive Investor reported...
Aug 2, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News A few months after the merger of Avito,ru, Olx.ru, and Slando.ru, which have formed Russia’s leading online classifieds company, market consolidation continues with Media3’s acquisition of Cian.ru. A major Russian media publishing, commercial...
