Feb 26, 2013 | Central & Eastern Europe, News, Russia
MOSCOW, Feb 27 (Reuters) – Russia is pushing ahead with plans to sell stakes in diamond miner Alrosa and port operator Novorossiisk Commercial Sea Port as part of a privatisation drive, the State Property Agency said on Wednesday. Novorossiisk port stake to go...
Feb 26, 2013 | News, Russia
Moscow Times 26 February 2013 Russian-focused Renaissance Capital will strip itself down to a pure-play investment bank and sell all noncore assets after its business divorce from founder Stephen Jennings, its CEOs said.
Feb 26, 2013 | Central & Eastern Europe, News, Russia
Feb 25 (Reuters) – Russia’s Acron , one of Europe’s top 10 mineral fertiliser producers, may sell up to 20 percent of existing or new shares to investors as soon as market conditions allow, its main owner Viatcheslav Kantor said. “We are ready...
Feb 26, 2013 | News, Russia
The first stage of the new High Technology Technopark is slated for completion in the second quarter of 2013 in Penza, in Russia’s Volga area, a spokesperson for the Penza regional administration told Marchmont News last week. The technopark will reportedly cover an...
Feb 25, 2013 | Central & Eastern Europe, News, Russia
MOSCOW/LONDON, Feb 22 (Reuters) – Russian billionaire Mikhail Prokhorov has sold his stake in London-listed gold miner Polyus Gold to two Russian buyers for $3.6 billion after approval from British regulators. The sale marks the end of an era for Prokhorov, an...
Feb 25, 2013 | Central & Eastern Europe, News, Russia
TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced last week that it has invested $1 million in mobile advertising network Adinch in exchange for a 20% stake. Adinch has developed a “universal self-service mobile advertising...
