Apr 27, 2012 | News
East West Digital News 27 April 2012 Earlier this week, the Ukrainian-Russian-American startup Jelastic, which offers a cloud-based hosting platform for Java application developers, announced it has secured an investment of $2 million from Almaz Capital Partners and...
Apr 27, 2012 | News
Reuters 27 April 2012 Canada’s Barrick Gold, the world’s largest gold producer, sold its 20.37 percent stake in Russia’s Highland Gold to institutional investors for £79.5 million ($128 million), Highland said Thursday. Barrick sold 66,235,264...
Apr 25, 2012 | News
Marchmont Innovation News 25 April 2012 Anatoly Chubais, the head of state-owned nanotechnological company RUSNANO, believes that Nizhny Novgorod region could create engineering companies to carry out innovative projects, VOLGA-Lentaregion reports. “Nizhny Novgorod...
Apr 25, 2012 | News
Moscow Times 25 April 2012 Fast Lane Ventures, a backer of Russian online start-up firms, has raised $18 million from investors led by VTB Capital, signaling rising investor appetite for Russia’s Internet market. The cash will be used to develop FLV’s...
Apr 25, 2012 | News
Moscow Times 25 April 2012 Belarus is beginning to privatize Belavia, its national airline, with Aeroflot as a possible buyer. Belarussian Transportation Minister Ivan Sherbo said the privatization of the airline would most likely happen in 2013, Gazeta.ru reported...
Apr 24, 2012 | News
East-West Digital News 23 April 2012 Evernote, a California-headquatered company founded by a Russian-American team in 2007, has completed a $100 million round at a $1 billion valuation, Business Insider reported last Thursday from “multiple sources.” The round was...
