Apr 23, 2013 | Central & Eastern Europe, News, Russia
Peter Löscher, Siemens’ CEO and president, said at a press briefing earlier this month that his company is investing €40 million in Russia with plans to set up as many as 90 different R&D centers in tight cooperation with Skolkovo. It is the first German company...
Apr 23, 2013 | Central & Eastern Europe, News, Russia
In a controversial TV program aired yesterday, Ilya Shcherbovich, the president of the UCP fund, which has just acquired a 48% stake in Vkontakte, brought some clarity to his strategy as a major shareholder of Russia’s first social network. Shcherbovich...
Apr 23, 2013 | Central & Eastern Europe, News, Russia
Russian authorities have asked tycoon Vladimir Potanin to invest in Alrosa during the upcoming sale of a 14 percent government stake in the diamond producer, Kommersant reported Monday, citing sources. According to market participants, Suleiman Kerimov, Alfa Group and...
Apr 23, 2013 | Brazil, Central & Eastern Europe, Latin America, News, Russia, Southeast Asia
Brasilia (Reuters) – OGX Petroleo e Gas SA, the flagship of Brazilian billionaire Eike Batista’s troubled EBX group, is negotiating the sale of a 40 percent stake to Russia’s Lukoil in a rescue plan that also involves Malaysia’s Petronas, a...
Apr 22, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 15 April 2013 If you wonder why Russians don’t smile in the metro, what they really think about corruption, how many of them fought bears and how many of these brave souls were drinking vodka at the time, now you can satisfy your curiosity. A...
Apr 22, 2013 | Central & Eastern Europe, News, Russia
(Reuters) – Russia’s top gold miner Polyus Gold has raised $750 million via a debut seven-year Eurobond issue, with a yield of 5.625 percent, an executive with one of the bookrunners said. “The order book was more than two times subscribed despite...
