By Andrei Skvarsky. Russia’s Renaissance Capital has released one more upbeat research piece about Georgia, calling it “one of our favoured frontier markets” and saying it “remains our destination of choice for investors looking at the Former Soviet Union”. Continue Reading
EXCLUSIVE: Khaled Anabtawi, founder and manager of the Jordanian unit of online real estate firm Lamudi, talks about the Middle East property market in this interview with EmergingMarkets.me
What is the background of Lamudi? Could you describe the company’s presence in Jordan? Lamudi , the emerging market real estate classifieds player, officially launched operations in 13 countries across Asia, Africa, and Latin America in October 2013. Less than one year later, we are present in 28 countries. As the online real estate market… Continue Reading
Russian lawyer, 3-4 years PQ, London
A direct vacancy from www.russiansinthecity.eu Kobalt Law LLP is looking to develop its Russian department. Therefore, we have a consultancy position for a Russian lawyer with at least 3-4 years PQ experience preferably in property transactions, litigation, family and inheritance matters in Russia. Continue Reading
Runa Capital Managing Partner Dmitry Chikhachev: “Discriminating in business or science by country of origin is equally irrelevant”
As Runa Capital announced the launch of its second fund, Runa Capital II, with a focus on Europe, its managing partner Dmitry Chikhachev shared with East-West Digital News his views on the globalization of the startup and venture industry and the international positioning of his fund, which initially focused on Russia. Continue Reading
The Funds of KCM’s group invest in Chaplin Cinemas network
ADM Capital’s funds, KCRF and KGF, members of a group of funds with the participation of Kazyna Capital Management JSC (owned by National Management Holding “Baiterek” JSC) and the European Bank for Reconstruction and Development (EBRD) announce completion of the acquisition of the controlling stake in Chaplin Cinemas network. Continue Reading
DST launches 4th international tech fund
DST Global, a large Russian IT-focused fund controlled by Russian billionaire Yuri Milner, has launched its fourth investment fund, DST Global IV. The news wasreported earlier this month by East-West Digital News, the first all English-language online resource dedicated to Russian digital industries, based on U.S. Securities and Exchange Commission documents. Continue Reading
EBRD STATEMENT ON OPERATIONAL APPROACH IN RUSSIA
A majority of the Board of Directors of the European Bank for Reconstruction and Development (EBRD), including all EU member states and several non-EU shareholders, have given clear guidance to the EBRD management that, for the time being, they will be unable to approve new investment projects in the Russian Federation. Continue Reading
Back Office Administrator for China Region, 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
Executive Assistant, London
A direct vacancy from www.russiansinthecity.eu Dynamic commodity trade firm is looking for Executive Assistant. Broad responsibilities include management of team calendar and travel, organisation of corporate/marketing events, office management and administrative research. Excellent knowledge of both English and Russian as well as proficiency in Microsoft Office (Word, Excel) is required. Continue Reading
PA / Secretary for Architectural practice, London
A direct vacancy from www.russiansinthecity.eu Working in a friendly dynamic international environment, reporting to the Director and the Office Manager, you will need to perform the following duties: Continue Reading
VTB Capital appoints new interim CEO
Nick Hutt has been appointed interim CEO of VTB Capital plc. He is a key member of the VTB Capital team and has been working in the London office since 2008 as CFO of the company’s international business. Atanas Bostandjiev will be leaving his current position to pursue other business opportunities. Continue Reading
US imposes new sanctions on Russia
The Obama administration on Wednesday widened sanctions against Russia to punish its government for contributing to violence in Ukraine. Continue Reading
Moscow-based Runa Capital to invest up to $200 million in European startups
Runa Capital, a Moscow-based global tech-focused venture capital firm, announced yesterday the first closing of its new fund, Runa Capital II. With a target size of $200 million, the firm will continue investing in tech-based companies worldwide, focusing especially on Europe. The amount of the first closing has not been disclosed. Continue Reading
Middle East Investors Expected To Spend Us$180 Billion In Global Real Estate Markets Over Next Decad
Middle Eastern investors are expected to spend US$180 billion in commercial real estate markets outside of their own region over the next decade, according to the latest research from global property advisor CBRE. Continue Reading
Utinet.ru, e96.ru and Sotmarket.ru merge into one listed company
Source – East-West Digital News Utinet.ru, e96.ru and Sotmarket, three major Russian e-commerce companies, announced yesterday the completion of their merger process – started last year – into an integrated company, christened “Platform Utinet.Ru.” Part of the company’s stock is being floated on the Moscow exchange following Utinet’s IPO in 2011. Continue Reading
Deutsche Boerse’s MNI: consumer sentiment in Russia edges up in June
By Andrei Skvarsky. Deutsche Boerse-owned think tank MNI says that overall consumer sentiment in Russia bounced back moderately in June for the first time in five months but was still lower than a year ago, and that consumers were generally pessimistic about their anticipated financial status in a year’s time. Continue Reading
ASIA FRONTIER CAPITAL – Country Snapshot – Cambodia
After decades of political mismanagement and civil war, Cambodia has recently begun to capitalize on its economic potential. Since adopting free-market economic policies in the 1990’s and increasing its integration within the international community, Cambodia’s economy has flourished. Continue Reading
EBRD PARTICIPATES IN KAZAKH RAILWAYS EUROBOND
The European Bank for Reconstruction and Development (EBRD) has participated in a bond issuance by Kazakhstan’s national railway company, Kazakhstan Temir Zholy (KTZ). The Bank participated in the longer-term tranche of the Eurobond. Continue Reading
EBRD AND FAO PROMOTE VIABLE FORESTS IN RUSSIA’S FAR EAST
Russia’s Far East occupies one-third of the country’s territory and accounts for more than nine percent of the world’s forests. Forestry there thus plays a crucial role, locally and further afield, supplying livelihoods for millions of people and a valuable habitat for flora and fauna, including the endangered Amur tiger. Continue Reading
Ulmart enters the travel market
Perhaps inspired by the success of Ozon Travel, Ulmart, Russia’s leading online retailer, has officially announced its entry into a new field of activity: Ulmart Travel. Continue Reading
Russian analog of Blue Apron raises venture investment from Moscow players
Source – marchmontnews.com Moscow Seed Fund, an institutional early-stage investor, and AddVenture, another Russian VC fund supporting Internet projects, are investing $347,000 in Chefmarket, an innovative Russian hybrid of a grocery store and a restaurant, the RVC web-site reported. Continue Reading
The Funds of KCM’s group invest in Chaplin Cinemas network
ADM Capital’s funds, KCRF and KGF, members of a group of funds with the participation of Kazyna Capital Management JSC (owned by National Management Holding “Baiterek” JSC) and the European Bank for Reconstruction and Development (EBRD) announce completion of the acquisition of the controlling stake in Chaplin Cinemas network. Investments of the Funds will be… Continue Reading
CAREER: Why the Top 1/3 of Your Resume Matters Most
It’s not true that recruiters only spend 10 seconds on your resume. They actually spend 10 seconds glancing at the top 1/3 before deciding whether to even read the rest. Continue Reading
Russian IP video surveillance software company signs $15 million contract in Bahrain
Macroscop, a Russian startup developing software for IP videocameras, signed earlier this month one of its first international contracts with Bahrain’s MHS-Technologies. Continue Reading
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
Russians in the City London Club opens its branch in Moscow
Russians in the City Club in London is A Russian-speaking professional community that unites more than 2000 members who are working in the financial and legal services industries. Now the Club has opened its branch in Moscow. Continue Reading
RenCap: investors shouldn’t neglect Romania
By Andrei Skvarsky Renaissance Capital analysts say Romania has seriously improved its business climate and has made “an impressive recovery” from the global financial crisis. Continue Reading
Russian central bank partially sells out of Moscow Exchange
By Andrei Skvarsky Russia’s central bank has sold an 11% stake in Moscow Exchange in partially fulfilling its obligation to divest all its interest in the bourse by January 1, 2016. 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