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
IronFX authorised by FCA to deal in all types of financial instruments
By Andrei Skvarsky. IronFX Global, a global trader in foreign exchange, futures, shares, contracts for difference, commodities and spot metals, has received an enhanced licence from the British Financial Conduct Authority (FCA) authorising the company to act as principal and agent in investment, hold client funds, and deal in all types of financial instruments. Continue Reading
Russia’s Promsvyazbank hypes role of small businesses via photo project
By Andrei Skvarsky. Promsvyazbank, one of Russia’s largest private banks, has carried through an online project to popularise the role in the country of small- and medium-sized enterprises (SMEs) by posting photos and brief descriptions of successful businesses and pictures of their founders and managers. Continue Reading
Junior Front-End Developer, London
A direct vacancy from www.russiansinthecity.eu Ecommerce team is looking for a new addition – a Junior Front-End Developer. We want you to bring your education, experience and new ideas to help drive our business growth. Unlike most client businesses, we have our own ‘in-house design shop’ producing all our online work. Continue Reading
Trading Systems Engineer, London
A direct vacancy from www.russiansinthecity.eu This is a senior support engineer role responsible for supporting all trading systems globally and implementing global changes with a fastpaced Product Development team. You will be responsible for proactive and reactive support, working within defined SLAs, systems automation, creation of system configuration reports and system documentation, Continue Reading
Legal secretary / PA, Moscow
A direct vacancy from www.russiansinthecity.eu International law firm is looking for a legal secretary/PA for its Moscow office. Full time. Experience of working as a legal secretary/PA in an international environment and excellent English language skills are a must. Please send CV to presidium@russiansinthecity.eu Continue Reading
Finance Assistant at a subsidiary of a major oil company, London
A direct vacancy from www.russiansinthecity.eu A subsidiary of a major oil company is seeking a Finance Assistant, reporting to the Finance Manager. Continue Reading
Kudrin: Russian economy needs big reforms but govt cannot deliver
By Andrei Skvarsky. Russia’s economic model is a bigger obstacle to the country’s economic growth than the Ukraine-related sanctions but the government is incapable of fundamental reforms, Reuters cited former Russian finance minister Alexei Kudrin as arguing. Continue Reading
Abraaj to pay scholarships to Royal College of Art students
By Andrei Skvarsky. The Abraaj Group, a global private equity firm focusing on emerging and frontier markets, will yearly pay scholarships for the next five years to five Royal College of Art students from Africa, Turkey, the Middle East, Asia and Latin America as part of a joint project with the London-based postgraduate school of… Continue Reading
Sberbank hires CFO, HR chief for investment arm
By Andrei Skvarsky. Sberbank, Russia’s biggest lender, has made two senior appointments for its investment arm Sberbank CIB, hiring Paul Goldfinch from Swiss bank UBS as chief financial officer and Annie Jordan from London-based headhunter Lansdowne International as head of human resources. Continue Reading
GUEST COMMENT: Canrim Resources Monthly Letter August 2014
August saw business return to usual in Mongolia as those in the countryside for an extended Naadam holiday returned to the city. This was followed by a high level visit from Chinese President Xi Jinping to Ulaanbaatar from August 21 to 22. Multiple agreements in infrastructure and mining were signed and now need to be… Continue Reading
FxPro broker buys out forex spot aggregator Quotix
By Andrei Skvarsky. FxPro, a London-headquartered online retail foreign exchange broker, has bought out spot forex aggregator Quotix, which is based in Cyprus. Continue Reading
Russian Pension Fund’s 2015 budget to have $8.1bn hole due to investment moratorium
By Andrei Skvarsky. Due to a current moratorium on the investment of pension system money, Russia’s Pension Fund will not get 309bn rubles ($8.1bn) it was planned to receive from the state in 2015, Finance Minister Anton Siluanov has announced. Continue Reading
Russian speaking PA, London
A direct vacancy from www.russiansinthecity.eu A boutique firm in London is looking for a Russian-speaking PA/secretary on a full-time basis. Continue Reading
Finance Analyst, 12 month contract, London
A direct vacancy from www.russiansinthecity.eu KEY RESPONSIBILITIES includes: Month end closing: – Performing month end journal entries in JDE and SAP: accruals and prepayments, programming assets accounting, reclasses etc. – BS reconciliations – Filling in month end templates and submissions – Investigating differences between budget and actuals – Programming support for the 4 channels –… Continue Reading
THE IMPACT ON THE EBRD REGION OF RUSSIA’S FOOD BAN
Russia imposed a ban on food imports from the West, including 11 EBRD countries where the EBRD invests, in early August. The one-year import ban on fruits, vegetables, meat, fish, milk and dairy products from the EU, the US, Australia, Canada and Norway was part of its reaction to the West’s own sanctions imposed as… Continue Reading
Rusnano and RusHydro to set up $200m venture fund for energy development
Rusnano, Russia’s nanotech giant, and RusHydro, the largest national hydroelectric power company, are in talks over the planned setup of a $200m VC fund. The parties intend to split the cost of establishing the fund on a 50/50 basis, the Russian news agency MA-agency.ru reported, citing Rusnano president Anatoly Chubais. Continue Reading
Russia-China Investment Fund (RKIF) reached an agreement to invest in a leading chain of stores selling products for children "Children's World"
September 9, 2014 Russia-China Investment Fund (RKIF) has reached an agreement in principle to invest in the company, “Children’s World”, is a major player in the sector of specialized network of trade in goods for children in Russia. To date, 100% of the share capital of the company is controlled by AFK “System”. Continue Reading
Mail.ru Group has placed part of its stake in the group Qiwi
Mail.ru Group has sold most of its stake in the group Qiwi, control of Russia’s largest system of instant payments . Mail.ru Group could realize 4% stake Qiwi from 2.8 percent discount to the market price, generated $ 80 million. Total investment in Qiwi, in which Internet holding company once owned a 25% stake, he… Continue Reading
EBRD PLEDGES FURTHER SUPPORT TO INDEPENDENT UKRAINIAN BREWER
The shareholders of an independent Lviv-based brewer Persha Privatna Brovarnia (PPB) including the European Bank for Reconstruction and Development (EBRD), which has over two decades of successful investment experience in the Ukrainian brewing industry, are financing another project aimed at supporting one of the most vibrant agribusiness subsectors in the country. Through this latest investment… Continue Reading
RENAISSANCE CAPITAL APPOINTS NEW CO-HEAD OF INVESTMENT BANKING, RUSSIA
Renaissance Capital has appointed Maxim Arefyev as Managing Director, Co-Head of Investment Banking, Russia. Arefyev will lead the origination and execution of M&A, equity and debt capital markets transactions in the Russia & CIS space, across consumer, retail, agriculture and other sectors, alongside Anton Cherny, Co-Head of Investment Banking, Russia. Continue Reading
EBRD REDUCES STAKE IN POLAND’S LEADING TELECOMS/MEDIA PLATFORM CYFROWY POLSAT
The EBRD has reduced its stake in Cyfrowy Polsat, Poland’s leading media and telecommunications companies, by selling 33 per cent of its shares. The partial sale reflects the Bank’s continuing commitment to the company and its successful development. Continue Reading
ASIA FRONTIER CAPITAL – Country Snapshot – Maldives
The Maldives, an archipelago nation consisting of over 1,000 islands in the Indian Ocean, has experienced consistent economic growth throughout the latter part of the last decade with annual real GDP growth averaging 6%. Continue Reading
RenCap gives ex-Deutsche Bank analyst senior job in MENA team
By Andrei Skvarsky. Russia’s Renaissance Capitalhas appointed former Deutsche Bank researcher Ryan Apache as senior banking analyst in its equity research team forthe Middle East and North Africa (MENA). Continue Reading
Moscow Exchange says got through Q2 with flying colours
By Andrei Skvarsky. Moscow Exchange ended tjis year’s second quarter with financial results described by its chief executive as its “best quarterly numbers”to date. Continue Reading
Reporting Accountant, Client Accounts, Moscow
A direct vacancy from www.russiansinthecity.eu Responsibilities: Client accounts record keeping (corporate stock investments, currency) Making up a balance, execution of sales deals General accounting services Support of work of external accountants and auditors Continue Reading