Digital Sky Seeks $1Bln Fund With Facebook Promise

Moscow Times 21 Mar 2012 Digital Sky Technologies, a Russian firm that invested in Facebook, is seeking $1 billion for a new late-stage technology fund less than a year after raising its last pool, promising investors a stake in the social-networking site in return....

Mine fleet management solution provider Vist Group eyes IPO

East-West Digital News 13 Mar 2012 Vist Group, a major, twenty-year-old Russian developer of turn-key IT solutions for mine fleet and railroad management systems, is considering seeking capital market opportunities, according to Reuters. A resident of Skolkovo, the...

Nordgold Planning Acquisitions

Moscow Times 13 Mar 2012 Nordgold, the gold-mining company spun off from Severstal this year, plans to double reserves in the next four years and is looking for emerging market acquisitions as it raises output worldwide. The gold producer, listed in London, will...