Mar 14, 2013 | Central & Eastern Europe, News, Russia, Western Europe
FRANKFURT/MOSCOW, March 11 (Reuters) – German truckmaker Daimler said on Monday it aimed to raise its stake in Russian peer Kamaz, after Kamaz’s Russian shareholder said talks had stalled over price. Daimler, which owns 11 percent of Kamaz directly, has a...
Mar 14, 2013 | Central & Eastern Europe, News, Russia
Moscow Times (from Reuters) 14 March 2013 Representatives of the Alfa Group, set to earn billion of dollars from the sale of British-Russian oil venture TNK-BP, have sounded out former BP CEOs John Browne and Tony Hayward about investing jointly in international oil...
Mar 13, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 12 March 2013 The Economic Development Ministry has proposed selling at least a 50 percent government stake in telecommunications firm Rostelecom after its merger with Svyazinvest is completed, a news report said Tuesday. The proposal was stated in a...
Mar 13, 2013 | Central & Eastern Europe, News, Russia
Reuters) – Russia’s most popular search engine Yandex NV said on Tuesday its existing shareholders, including co-founder and CEO Arkady Volozh, will sell about 7.4 percent of the company’s shares worth roughly $600 million. Yandex said a total of...
Mar 13, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 12 March 2012 Spartak Moscow’s billionaire owner, Leonid Fedun, plans to float the soccer team’s shares on the stock market to recoup some of the huge sums of money he has plowed into the Russian Premier League side. “My dream is to make...
Mar 13, 2013 | Africa, Central & Eastern Europe, News, Russia
JOHANNESBURG/MOSCOW, March 12 (Reuters) – South African media and e-commerce firm Naspers Ltd bought an 18.6 percent stake in Russian internet rival Avito Holdings with an agreed merger of their local classified businesses and $50 million in cash. Naspers...
