VTB Might Buy Ingosstrakh Stake

VTB is in negotiations to buy out the 40 percent of Ingosstrakh held by Czech investor Petr Kelner’s PPF private-equity firm and Italian insurance giant Generali, according to a source close to one of the Russian insurance company’s shareholders. This was...

Second IT park, new IT village in Tatarstan

East-West Digital News 26 Mar 2012 Russia’s second fastest-growing regional innovation economy in 2011 according to business monitor RBC Daily, is stepping up efforts to assert itself as one of the country’s most business-friendly ecosystems. Less than three years...

M&A Deal-Making Drops

Moscow Times 26 Mar 2012 The Russian mergers and acquisition market posted a drop last year against a global decline in M&A activity, while foreign purchases of Russian assets stayed almost the same. Overall Russian M&A activity totaled $71.1 billion in 2011,...

Skolkovo Ready to Back Green Ideas

Moscow Times 22 Mar 2012 Two government agencies are linking arms with the Skolkovo Innovation Center to offer small companies and academic teams the chance to sell their energy-efficiency technology throughout Russia in the government’s ongoing modernization effort....