Apr 9, 2012 | News
East-West Digital News 5 April 2012 St. Petersburg – i-Free reports that its venture foundation subdivision i-Free Ventures has stopped funding Places Around Me, the start-up that created the mobile application Girls Around Me. i-Free decided to stop funding Places...
Apr 6, 2012 | News
Russia Beyond the Headlines 6 April 2012 Bloomberg ranking targeting investors places Russia ahead of India and China, while a World Bank report still shows Russia in the slow lane. Yet experts are hesitant to rely on the accuracy of the Bloomberg data. Russia is...
Apr 6, 2012 | News
Marchmont News 6 April 2012 Fast Lane Ventures, a leading Russian developer of internet companies, has agreed to sell its stake in Shopping Live business to German based Group – Home Shopping Europe. The sale, for an undisclosed price, represents the second successful...
Apr 6, 2012 | News
Bloomberg via The Moscow Times 5 April 2012 HELSINKI — Telenor increased its stake in Russia’s VimpelCom to 35.7 percent by buying shares on which it had a swap agreement. Telenor paid $715 million to acquire the 65 million depositary receipts from JPMorgan...
Apr 6, 2012 | News
East-West Digital News 5 April 2012 After spending three years in a post-crisis mire, IT sales in Russia reached an all-time high in 2011, IDC reported to Vedomosti and CNews.ru. According to IDC analysts, the Russian IT sector posted double-digit gains last year,...
Apr 4, 2012 | News
Moscow Times 4 April 2012 A1, the investment arm of billionaire Mikhail Fridman’s Alfa-Group, is seeking a loan to bid for Russia’s biggest airport Domodedovo, the investment company said on Tuesday. A bid could be around $3 billion, according to Russian...