Jun 28, 2013 | Central & Eastern Europe, News, Russia
Moscow Times A company controlled by billionaire tycoon Arkady Rotenberg has purchased a controlling stake in the project to build a new air freight terminal at Sheremetyevo Airport, as well as shares in the existing terminal, Kommersant reported Thursday. The new...
Jun 28, 2013 | Central & Eastern Europe, News, North America, Russia
June 26 (Reuters) – Shares of Luxoft Holding Inc, a provider of software and consulting services to companies such as Boeing Co and UBS, soared in their New York debut, mirroring the strong performance of rival Epam Systems Inc last year. * Luxoft and parent IBS...
Jun 27, 2013 | Central & Eastern Europe, News, Russia
SUEK, Russia’s biggest coal miner, is considering setting up its own rail freight operator, Kommersant reported Wednesday. SUEK accounts for almost 10% of Russia’s gondola car market. While it regularly needs about 40,000 gondola cars, a number comparable...
Jun 26, 2013 | Central & Eastern Europe, News, Russia
Moscow Times President Vladimir Putin relieved state companies from making compulsory contributions to the Skolkovo University of Science and Technology, or Skoltech, endowment fund, established last year by his predecessor Dmitry Medvedev, Vedomosti reported Monday....
Jun 26, 2013 | Central & Eastern Europe, News, Russia, Western Europe
MOSCOW, June 18 (Reuters) – Russian niche coal miner Siberian Anthracite plans to list its shares in London and could raise up to $200 million, two market sources said, but it may struggle to attract investors at a challenging time for coal producers. * Plans to...
Jun 26, 2013 | Central & Eastern Europe, News, Russia
Moscow Times The head of Bank Rossiya and President Vladimir Putin’s close associate Yury Kovalchuk could buy a 30 percent stake in Tele2 cellphone operator, Vedomosti reported Monday. Two sources close to VTB said Bank Rossiya had agreed in principle to buy 30...
