Mar 21, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times 22 March 2013 Magomed Bilalov has closed a deal to sell about 41 percent in Olympic construction company Krasnaya Polyana to companies belonging to tycoon Mikhail Gutseriyev. “Magomed Bilalov has sold his stake to Gutseriyev’s companies....
Mar 21, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 20 March 2013 A1, a subsidiary of Alfa Group, has struck a deal with businessman Alexei Ostroukhov to cooperate in the field of “advanced network technologies” and the Internet, A1 President Mikhail Khabarov told Vedomosti on Wednesday. A1 has...
Mar 20, 2013 | Central & Eastern Europe, News, Russia
Avito.ru, Russia’s leading classifieds site by number of users, is merging with its competitors Slando.ru and OLX.ru, creating the fifth most popular Russian website, with more than 100 million page views a day, The Financial Times reported this morning. As part of...
Mar 20, 2013 | Central & Eastern Europe, News, Russia
The ownership of three major Russian tech companies – the search giant Yandex, the state-owned nanotechnology corporation Rusnano, and the mobile operator MegaFon – is being affected by significant changes. Yandex, which raised $1.3 billion in its IPO back in May...
Mar 19, 2013 | Central & Eastern Europe, News, Russia, Western Europe
Runa Capital, a Moscow-based, $135 million tech fund operating internationally, has led a $2 million investment round in BackupAgent, with existing investor Solid Ventures also participating in the round. The company has yielded a minority stake. A major provider of...
Mar 18, 2013 | Central & Eastern Europe, France, News, Russia, Western Europe
Paris (Reuters) – A Russian developer who plans to build what would be Europe’s tallest residential towers in Paris said he had provisionally lined up financing from Russia’s Sberbank towards the 2.3 billion euro ($3 billion) project. The loan amount...
