Bank of Moscow ex-chief's prosecutions: the trail continues…

By Andrei Skvarsky. Bank of Moscow’s emigre ex-chief executive Andrei Borodin has been slapped with a new charge in Russia, being accused in absentia of defrauding the lender of 1bn rubles ($29m at today’s exchange rate) through an alleged forex scam, according to Moscow-based daily Kommersant. Continue Reading

EBRD BECOMES KEY INVESTOR IN ROMANIA’S ELECTRICA

The European Bank for Reconstruction and Development (EBRD) has invested over RON 320 million (equivalent to €75 million) for an 8.6 per cent stake in Romania’s electricity distribution company S.C. Electrica S.A., as the firm moves towards privatisation in the country’s largest-ever IPO. Continue Reading

EBRD FINANCES MAJOR BIOGAS PROJECT IN UKRAINE

The European Bank for Reconstruction and Development (EBRD) is organising a financing programme of up to €7.1 million to construct and bring into operation a 2.25 MW biogas plant, adjacent to Rokytne sugar mill in the Kiev region. The plant, which will be the largest facility of this type in the country, will generate electricity… Continue Reading

EBRD Invests in Poland's Altus TFI

The EBRD plans to invest up to PLN 50 million (€12 million equivalent) in the forthcoming IPO of Altus TFI S.A. on the Warsaw Stock Exchange. Altus is a privately held mutual fund and asset management company in Poland with more than PLN 5 billion of assets under management across 36 funds. Continue Reading

Russian-American startup iBuildApp raises another $200,000

Mobile app builder iBuildApp has raised $200,000 from Starta Capital and Nikolay Belykh. iBuildApp is an international project that enables clients to build and manage mobile apps. As well as being a resident of Moscow’s Skolkovo IT-Park, the project also has its headquarters in Foster City, California. Continue Reading

Russia’s Renaissance Capital hosts annual investor forum

By Andrei Skvarsky. Renaissance Capital, one of Russia’s leading privately owned investment banks, has hosted an annual investor conference in Moscow, a three-day event that opened on June 23 and was expected to bring together more than 200 attendees with assets under management totalling more than $3trn. Continue Reading

IT Support Engineer, London

A direct vacancy from www.russiansinthecity.eu Working as a part of the IT Support team to provide support to the UK business in all IT matters. Primary duties include 1st, 2nd and 3rd line server, network and desktop support, as well as some project work. You will be based in the office although occasional visits to London… Continue Reading

Sales Associate, London

A direct vacancy from www.russiansinthecity.eu Working as part of the Retail Sales Team to bring on new clients, maximise sales and educate clients on existing products and market opportunities. For further details please go to: http://1drv.ms/1iL582a Continue Reading

Personal Assistant and Admin Support, London

A direct vacancy from www.russiansinthecity.eu Get involved in working on exciting ad hoc projects such as company-wide events and contributing to the smooth running of our London office. This is a fantastic opportunity to develop your existing PA and administrative skills in a fast-paced and professional environment.  Continue Reading

ASIA FRONTIER CAPITAL – Country Snapshot: Nepal

From Asia Frontier Capital – Newsletter for May After ten years of civil war between the government and Maoist rebels ended in 2006, Nepal is looking to shed its violent past and provide its citizens with political stability and economic growth. In the foreseeable future, economic growth will largely depend on the government’s ability to exploit… Continue Reading

Sberbank wants apologies from Ukraine’s top prosecutor

By Andrei Skvarsky. Sberbank chief executive Herman Gref has asked Ukraine’s chief prosecutor to apologise for “groundless” allegations that Russia’s biggest lender has been financing pro-Russian separatists who are fighting government troops in eastern Ukraine. Continue Reading