Russia reaches top 50 in Bloomberg ranking

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...

Telenor Raises VimpelCom Stake to 35.7%

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...

IDC on Russia’s IT: crisis-woven cobwebs blown away

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,...

Alfa Seeks VEB Loan to Buy Domodedovo

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...