Dec 18, 2012 | News
East-West Digital News WebReady, a contest organized by Ingria, a St. Petersburg-based technopark, took place in St. Petersburg last week. One of the Russian startup scene’s most notable competitions, the event included a startup exhibition, elevator pitches,...
Dec 18, 2012 | News
Reuters 17 December 2012 Russian freight operator Globaltrans said on Monday it is engaged in exclusive talks over potential acquisition of MMK-Trans, a subsidiary of steelmaker MMK. “The potential acquisition of MMK-Trans is consistent with the group’s...
Dec 17, 2012 | News
Reuters 14 December 2012 Russia’s Summa buys transport group Fesco, brings in partner Russian investment and trading group Summa has closed a deal to buy transport group Fesco, bringing GHP Group as a minority shareholder to the asset, Summa said on Friday....
Dec 14, 2012 | News
Moscow Times 13 December 2012 Skolkovo Institute of Science and Technology signed an agreement with four energy companies Wednesday, a move that could help speed up the modernization of Russia’s power network and boost electricity exports to China. The exact...
Dec 14, 2012 | News
Reuters 13 December 2012 Renault-Nissan finalized a long-awaited deal to take control of Lada-maker AvtoVAZ (AVAZ.MM) as it looks to snatch market share from rivals in Russia by taking the boxy cars upmarket for a rising middle class. Carlos Ghosn, leader of the...
Dec 14, 2012 | News
Moscow Times 14 December 2012 Media entrepreneur Paul Heth, Baring Vostok Private Equity, UFG Private Equity and the Russian Direct Investment Fund have concluded a deal to buy a controling stake in Karo Film, the movie theater chain said Thursday. The consortium will...
