By Andrei Skvarsky. Sberbank, Russia’s biggest lender, has released a research report comparing Russia and Turkey as similar markets and arguing that Turkey is doing somewhat better than Russia today but that the situation may reverse before long.cheaper penetration stories like X5 Retail Group in Russia, they say. Continue Reading
Deutsche Boerse analysts: Business sentiment in Russia sliding as ruble loses value
By Andrei Skvarsky. According to Deutsche Boerse-owned intelligence firm MNI, business sentiment among Russian companies has been predominantly negative since September and edged further down in October as the ruble has kept depreciating. Continue Reading
IT sys admin Part Time / Full Time / Remote Work, London
A direct vacancy from www.russiansinthecity.eu A London based representative office of a natural resources exploration company operating in CIS region is looking for a IT / sys admin to support the work of the 10-15 people in Central London office. Continue Reading
Finance controller, Moscow
A direct vacancy from www.russiansinthecity.eu An investment management company (www.fusionam.com) with offices in Moscow and London is looking for a finance controller for a group of 5 companies. The role is suitable for a 2-5 years experienced financial controller capable of consolidating finance function in one set of hands, produce management accounts and coordinate the bookkeeping… Continue Reading
Russia’s Promsvyazbank launches premium retail scheme
By Andrei Skvarsky. Promsvyazbank, one of Russia’s biggest private lenders, has launched a programme for relatively wealthy retail clients that includes access to easy-term loans, a set of freebies and personalised servicing. Continue Reading
Sberbank appoints senior exec as head of unit for clients in engineering sector
By Andrei Skvarsky. Sberbank, Russia’s biggest lender, has appointed one of its senior managers, Vyacheslav Tsybulnikov, as head of its division for clients in the engineering industry. Continue Reading
QA Engineer, London
A direct vacancy from www.russiansinthecity.eu We are looking for a QA Engineer to join our growing QA Department. The successful candidate will support the QA Manager in ensuring that external and internal applications are of the highest possible quality. You will be part of a dynamic team responsible for developing and executing test plans, configuring and supporting… Continue Reading
Moscow Exchange forum in London draws “record audience”
By Andrei Skvarsky. Moscow Exchange has said its annual forum in London on October 22 brought together a “record audience” of more than 300 market participants and “shed light on opportunities in Russia’s capital markets, upgrades to market infrastructure and product development at the Exchange, and the future of regulatory reform”. Continue Reading
SKOLKOVO RESIDENT SIGNS DEAL WORTH $41 MILLION WITH CHINESE FIRM
Optogard Nanotech, a resident at Skolkovo, has signed a deal with Chinese pipe manufacturing firmShandong Industry. Optogard will supply the Chinese company with laser-plasma facilities, which will form the basis of their pipe production. The contract is worth $41 million in total. Continue Reading
VTB CAPITAL I2BF INNOVATION PARTNERS INVEST $6 MILLION IN SELECTA BIOSCIENCE
VTB Capital I2BF Innovation Partners have recently injected $6 million into biotech company Selecta Biosciences, which is working on the development of a new class of target, antigen-specific immunotherapy. Continue Reading
Moscow Seed Fund looking for new investors
Moscow Seed Fund, the venture arm of the Moscow city authorities, has announced its latest competition to recruit investors for joint seed and pre-seed stage investment in their projects. The fund is looking for individual investors and companies, both Russian and foreign. Continue Reading
Almaz Capital leads $4 million funding round in US e-commerce solution provider
Content Analytics, an analytics platform that recommends e-commerce catalog optimization strategies, announced it secured a $4 million Series A funding led by Almaz Capital. Geoffrey Baehr, a general partner at Almaz Capital, has joined the startup’s board of directors. Continue Reading
Russian speaking Senior Legal Counsel, UK
A direct vacancy from www.russiansinthecity.eu An opportunity has arisen in our Partnership Head Office for a Russian speaking Senior Legal Counsel to work in-house at our office in St Albans, Hertfordshire in the international, dynamic and rapidly growing team with excellent career prospects. Continue Reading
Back Office Administrator, London
A direct vacancy from www.russiansinthecity.eu Working as part of the Back Office team to process the deposits and withdrawals of clients’ funds from their trading accounts, as well as handling calls and emails from Alpari (UK) Ltd clients regarding the funding of their accounts, whilst working closely with other departments, namely Finance, Client Services, Trading Desk… Continue Reading
Finance Controller, Moscow
A direct vacancy from www.russiansinthecity.eu An investment management company (www.fusionam.com) with offices in Moscow and London is looking for a finance controller for a group of 5 companies. The role is suitable for a 2-5 years experienced financial controller capable of consolidating finance function in one set of hands, produce management accounts and coordinate the… Continue Reading
Deutsche Boerse think tank: Russian consumers slightly more upbeat in September
By Andrei Skvarsky. Deutsche Boerse’s research subsidiary MNI says consumer sentiment in Russia was slightly more upbeat in September than the month before but that Russians were more worried about the job market and rising prices than in August. Continue Reading
Sberbank: consumer confidence of Russian middle class edges down
By Andrei Skvarsky. The latest of a series of quarterly surveys commissioned by Sberbank, Russia’s biggest lender, shows consumer confidence among middle-class Russians to have edged down since June. Continue Reading
ASIA FRONTIER CAPITAL – Country Snapshot – Laos
Although one of the few remaining one-party communist states, the Laotian government’s attempts to decentralize control of the economy and encourage private enterprise starting in 1986 have resulted in an annual growth rate of 6% from 1988-2008. Laos’ economy has maintained consistently high GDP rates through 2012 due to strong growth among its main trading… Continue Reading
Russian venture market continues annual decline in Q2 2014 as cross-border investment could virtually disappear
Venture investment volumes in Russia fell by 9% year-on-year (y-o-y) as the number of completed deals increased by 32% in Q2 2014, says Rye, Man and Gor Securities (RMG), an independent Moscow-based investment company, in their latest quarterly report published with the participation of East-West Digital News. Continue Reading
Runa Capital leads $2.2 million round in US school admission startup
Runa Capital, a venture firm operating globally from its offices in Moscow and San Francisco, has led a $2.2 million funding round in SchoolMint, a leading provider of mobile and online enrollment systems for US public, charter and private schools. Continue Reading
Newsletter from Canrim Resources, a Singaporean company focused on mineral resources development in Mongolia
September was filled with positives for both Mongolia and Canrim. The economy continued to show signs of improvement and Canrim took full advantage of this to conduct high level meetings with several multinational mining and exploration companies, in addition to meeting with relevant Mongolian officials. Continue Reading
Russia to go ahead with setting up own card payment system – Putin
By Andrei Skvarsky. President Vladimir Putin confirmed last week that Russia plans to set up its own card payment system next year to prevent potential further anti-Russian sanctions from causing Russians problems with the use of Visa or MasterCard. Continue Reading
Client Services Representative, London
A direct vacancy from www.russiansinthecity.eu Working as part of the Client Services team to handle incoming and outgoing calls and emails from Alpari (UK) clients regarding various aspects of their accounts whilst working closely with other departments, namely IT, Back Office, Trading and Compliance. Continue Reading
Receptionist, London
A direct vacancy from www.russiansinthecity.eu To operate Alpari’s head offices Reception along with its facilities & switchboard. To handle Travel queries & to support the Premises team. Continue Reading
Trade Support Administrator – Night Shift, London
A direct vacancy from www.russiansinthecity.eu Alpari (UK) is looking to recruit a talented individual to join their Trade Support team. The individual will be expected to offer support to the Trading desk with daily operations and reconciliations, whilst working closely with other departments, namely Client Services, Trading, Back Office and IT. This is an exciting… Continue Reading
Putin: state to keep financing Russian Direct Investment Fund
By Andrei Skvarsky. The Russian Direct Investment Fund (RDIF), a state-backed institution with the mission of supporting Russia’s private equity sector by co-investing with foreign companies, will continue to receive money from the state so it can achieve its capitalisation target of $10bn, President Vladimir Putin promised last week. Continue Reading
Membership Assistant, flexible / remote work, London
A direct vacancy from www.russiansinthecity.eu Russians in the City is looking for an administrative assistant to help us with the launch of the membership as well as later liasing with the members Continue Reading
Paralegal to QC, London
A direct vacancy from www.russiansinthecity.eu 6-month maternity cover working in a commercial chambers for a busy commercial QC. This role will suit someone at the beginning of their legal career. A legal qualification from a civil or common law jurisdiction is required. The successful candidate will, ideally, have gained some marketing experience in any sector. Knowledge… Continue Reading
EXCLUSIVE: Ranjeet Sundher, president of Mongolia-focused minerals exploration company Canrim Resources Pte Ltd., talks in this interview with EmergingMarkets.me about doing business in the former communist country
Ranjeet Sundher is the president of Canrim Resources Pte Ltd., a private Singaporean minerals exploration company focused on resource development in Mongolia. Mr. Sundher has over 13 years of successful investment experience in Mongolia where he has created impressive shareholder returns. While his first Mongolian venture, started in 2001, generated a return of 20x, his… Continue Reading