Feb 28, 2013 | Central & Eastern Europe, News, Russia
Feb 28 (Reuters) – Russia’s richest man, Alisher Usmanov, has commenced a placing of a 7.4 percent stake in Mail.Ru, the Russian internet group said, after the company forecast slower revenue growth this year. London-listed Mail.Ru said in a filing that a...
Feb 28, 2013 | Central & Eastern Europe, News, Russia
Moscow Times 1 March 2013 Alisher Usmanov’s iron ore and steel group Metalloinvest and Russian Technologies have offered the Udokan copper deposit to mining giant Norilsk Nickel in exchange for 4 percent of the latter’s stock, Russian Technologies CEO...
Feb 27, 2013 | Central & Eastern Europe, News, Russia
Moscow Times The domestic commercial property market received a massive cash injection with the sale of one of Moscow’s largest shopping centers, Metropolis, to Morgan Stanley’s real estate investment unit for a record $1.2 billion. Morgan Stanley Real...
Feb 27, 2013 | News, North America, Russia
East-West Digital News 22 February 2013 Virool, a San Francisco-based startup founded in 2011 by a Russian team, announced last week that it raised $6.62 million from leading venture funds and business angels. A Y-Combinator graduate, Virool defines itself as “a...
Feb 27, 2013 | Central & Eastern Europe, News, Russia
Russian telecom operator TTK has announced the completion of an across-the-board buyout of 18 regional subsidiaries previously owned by Russian Railways, the national rail operator and TTK’s sole shareholder. To accomplish the task, TTK in December sold 1.069 billion...
Feb 26, 2013 | Central & Eastern Europe, News, Russia
DUBAI/LONDON, Feb 26 (Reuters) – Qatar’s sovereign wealth fund has hired UBS to advise on a possible $3 billion investment in Russian state-controlled bank VTB, three people with direct knowledge of the matter said. VTB has been working on a capital...
