Richard Branson Invests in Russian Green Growth

Nov 1, 2012 | News

Moscow Times 1 November 2012 British tycoon Richard Branson and Rusnano chief Anatoly Chubais have launched a $200 million investment fund to back green growth and energy-efficiency projects in Russia. The VGF Emerging Market Growth I L.P. — an independent fund backed...

Severstal Mulls Buying ArcelorMittal Unit

Oct 31, 2012 | News

Moscow Times 31 October 2012 Severstal is interested in buying French steel producer Florange, a subsidiary of ArcelorMittal, according to unnamed sources cited by French newspaper Les Echos, Interfax reported Tuesday. Talks began two weeks ago, and a representative...

Moscow Seed Fund Moscow Seed Fund backs Teachbase remote tutor

Oct 31, 2012 | News

East-West Digital News 18 October 2012 The Moscow Seed Fund, Moscow City’s venture investment arm, announced last week an investment of $300,000 in Teachbase, a start-up offering corporate e-learning and knowledge management services, East-West Digital News learned...

Kaspersky Lab DLP spinoff buys into German antivirus company

Oct 31, 2012 | News

East-West Digital News 17 October 2012 InfoWatch, a Russian software company that develops “turn-key” corporate data loss prevention solutions, announced Wednesday that it had acquired a 16.3% stake in German antivirus security company G Data Software to enhance its...

Sberbank vice president’s private incubator nurtures IT startups

Oct 31, 2012 | News

East-West Digital News 17 October 2012 Alexey Popov, a top manager at Sberbank, spends his free time away from Russia’s largest savings bank helping IT ideas mature through the start-up stage. Popov was appointed Sberbank’s new vice president for universal e-card and...

Severstal Mulls Buying ArcelorMittal Unit

Oct 31, 2012 | France, News

Moscow Times 31 October 2012 Severstal is interested in buying French steel producer Florange, a subsidiary of ArcelorMittal, according to unnamed sources cited by French newspaper Les Echos, Interfax reported Tuesday. Talks began two weeks ago, and a representative...