U.S. digital media company PressReader has acquired News360, a Russian-founded, California-based provider of content personalization and publisher analytics tools, TechCrunch reported. The amount of the deal has not been disclosed.
Founded in Moscow in 2010, News360 has developed a technology that “analyzes and attributes content from any given news story...
Russian diamond mining giant Alrosa has announced that it's Supervisory Board has recommended a 28.3 billion rubles ($425.7 million) dividend payout for the first half of 2019, the company said in a statement.
Alrosa said that the dividend amounted to 100% of the free cash flow for the first half...
Sberbank is not interested in owning the Antipinsky oil refinery, which filed for bankruptcy earlier this year, the lender’s deputy board chairman Anatoly Popov said on Wednesday, according to Reuters.
The largest privately-owned oil refinery in Russia halted operations on several occasions because of a lack of funds to...
Despite the on-going consolidation of the Russian commercial air transport business, it remains dogged by a rigorous, often aggressive competitive marketplace. Those airlines still on the playing field are constantly searching for efficient ways to stand up to state-owned Aeroflot Group, and the solutions they are coming up with...
Russian companies are having their best year in the last three years and seem to put the recession years behind them as corporate profits continue to grow, bne Intellinews reports.
Profits remained strong and stable in June, increasing by 1,297 billion rubles ($19.4 billion) month-on-month, on a par with the...
Baltic LNG, Gazprom’s new chemical and liquefied natural gas (LNG) project in the port of Ust-Luga, will be supported by Russian state-owned development bank VEB with up to 111 billion rubles ($1.6 billion), the lender announced last week, according to Finanz.ru.
The announcement follows comments made by Russian prime minister...
Russian state-controlled VTB bank, which has been expanding its grain business, plans to enter grain markets in Africa, the Middle East and Asia to increase Russian grain exports, Reuters reported on Tuesday.
VTB has a stated goal of wanting to create a vertically integrated player in the grain market. In...
Russian Helicopters has announced several orders for its commercial models at the International Aviation and Space Show (MAKS 2019) in Moscow this week, Shephard reported.
The Russian state-owned company said it received orders for the VRT500, Mi-8AMT and Ansat helicopters. A letter of intent was signed with Malaysian operator Ludev...
Russia’s contaminated oil crisis continues to drag on four months since it disrupted the country’s crude exports to most of Europe, Reuters reported.
The Russian Druzhba pipeline, which pumps 1 million barrels of oil per day to Western and Eastern Europe, was found in mid-April to be contaminated with organic...
The Deputy Director of Russia’s Federal Tourist Agency, Sergey Korneev, has hit out at Finland’s decision to tighten up the visa application process for Russian tourists, saying the new requirements could have negative consequences for tourism to Finland, Izvestia reports.
In August, the Finnish government announced it would bring the...
