Representatives of Russian regions will hold a roadshow in Finland, visiting Helsinki, Vantaa, Lahti, and Espoo next month, Izvestya reports.
Participants in the event will have an opportunity to learn about the advanced technologies of Finland in such sectors as waste processing, renewable energy, a closed-loop economy, and smart...
Russian rail operator RusTransCom has postponed a planned initial public offering (IPO), the company said in a statement, according to Prime news agency. The company said it had “received several proposals regarding private equity transactions, which are better aligned with the Group’s development strategy.”
Rustranscom, the largest player in Russia’s...
Cyprus has mandated investment banks to manage a double bond issue comprising a 5-year and a 30-year euro denominated bonds, the country’s Ministry of Finance announced on Wednesday, according to Ekathimerini.
Finance Minister Harris Georgiades said the Ministry is considering an early repayment of the loan it obtained in 2011...
The German Ambassador to the United States Emily Haber wrote a letter to U.S. lawmakers asking them to stop threatening Russian companies Gazprom and Novatek in Germany with sanctions, Bild reported, citing documents obtained from an unnamed source.
The two-page letter, in which Haber seems to speak on behalf of...
Оne of Europe's largest internet companies and the leading search provider in Russia, Yandex, has announced that its revenue in the first quarter of the year grew 40% year-on-year, Vedomosti reports.
The company’s unaudited financial results for the first quarter also show a 36% adjusted net income compared with Q1...
The biggest risk to the Russian economy at the moment comes from uncertainty related to western sanctions, which destabilizes socio-economic processes and triggers an outflow of foreign investors, experts from the Moscow-based Gaidar Institute for Economic Policy wrote in a report released on Wednesday.
According to the experts, this uncertainty...
Russian President Vladimir Putin said he believes that the target of joining the world’s top five most developed economies is "absolutely manageable," Gazeta.ru reports.
"Regarding (plans) to take our rightful place among other industrial powers, that is a challenging task, but overall it is absolutely manageable," he said at a...
Suncity Group Holdings Ltd, a Hong Kong-listed firm controlled by Macau casino junket investor Alvin Chau Cheok Wa, has upped its stake in the firm that promotes the Tigre de Cristal casino resort in the Russian Far East, Asgam.com reports.
As a result, Suncity Group Holdings has become the largest...
A team of Russian students has won the prestigious CFA Institute Research Challenge for the first time, presenting an analysis of the investment attractiveness of metals and mining company Norilsk Nickel, Vedomosti reports.
The winners are students from the Faculty of Economics of Moscow’s Lomonosov state university (MSU). CFA (Chartered...
Russia’s biggest lender, Sberbank, has acquired a 46.5% stake in Rambler Group, announcing its intent to create a market leader in the Russian media and entertainment market, CNews.ru reported.
The deal gives Russia’s biggest lender an equal stake to investment holding company A&NN, with Era Capital owning the other 7...
