Apr 19, 2013 | Central & Eastern Europe, News, Russia
Around 58 percent of Americans with annual incomes of $25,000 or more are prepared to invest in early-stage startups, according to a U.S. crowdfunding industry study by EarlyIQ, Crowdfund Professional Association, and Crowdfund Capital Advisors. They are prepared to...
Apr 18, 2013 | Central & Eastern Europe, Deals, Russia
The Company is selling the St. Petersburg site for a global destination website, part of a network of over 100 sites around the world which has been running for around seven years and is at the forefront of mobile travel sites. Last year the network attracted 10...
Apr 18, 2013 | Central & Eastern Europe, News, Russia
Troika Dialog Investments has sold its 20.5 percent stake in car manufacturer AvtoVAZ to Alliance Rostec Auto, the Dutch-registered joint venture of state corporation Rostec and Renault-Nissan, Rostec’s spokesman said Wednesday.
Apr 18, 2013 | Central & Eastern Europe, News, Russia
United Capital Partners (UCP), a major Russian fund operating in various industries, claims to have acquired a 48% stake in the country’s leading social network Vkontakte.ru, also known as VK.com. The transaction has been put at doubt, however, by the site’s...
Apr 18, 2013 | Central & Eastern Europe, News, Russia
“Coercion to innovation” – a term coined by the Russian business media for the Medvedev cabinet’s policy of incentivizing Russian state-controlled businesses and overcoming their general non-receptiveness to modernization – has produced little result, and it is...
Apr 17, 2013 | Central & Eastern Europe, News, Russia
Three major venture capital funds, Moscow-based Runa Capital and Almaz Capital as well as Kiev-based TA Venture, in conjunction with BIONIC Hill innovation park, Ukraine’s first innovation park, are joining forces to establish the Global Technology Foundation...
