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
Three years after NASDAQ IPO, Yandex introduced on Moscow Exchange
Trading of Yandex shares on Moscow Exchange started yesterday in Russian rubles under symbol “YNDX”. Shares also continue to trade on the NASDAQ Global Select Market, where the search company was introduced in 2011. Continue Reading
Local search service Yell.ru secures $11 million from Swedish funds to measure itself against Yandex
Last week, Russian online local-search service Yell.ru announced that it has secured $11 million, which includes $8 million from Vostok Nafta and $3 million from current investor AB Kinnevik. 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
ADB $300 Million Loan to Continue Power Upgrades in India’s Assam State
The Asian Development Bank (ADB) has approved a $300 million loan to help India’s northeastern Assam state continue its drive to eliminate power sector inefficiencies that are hurting its consumers, its world-famous tea industry, and its environment. Continue Reading
Deutsche Boerse’s MNI: Russian companies a bit more upbeat
By Andrei Skvarsky. A Deutsche Boerse-owned research firm argues that in June Russian companies have been slightly more optimistic about Russia’s business environment than in May. 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
Russia’s VC market shrank in 1Q 2014, RMG and EWDN analysts found
Rye, Man & Gor Securities, a Russian investment firm, and East-West Digital News, an international resource on Russia’s IT, have issued a report on the status and trends of Russia’s venture market in 1Q 2014. 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
Ex-finance minister Kudrin becomes head of Moscow Exchange supervisory board
By Andrei Skvarsky. Former Russian Finance Minister Alexei Kudrin has been appointed as chairman of the new supervisory board of Moscow Exchange that was elected at the bourse’s annual general shareholders’ meeting on June 26. Continue Reading
VTB Capital participated in the placement of CNH 1 billion Offshore Renminbi Bonds for Beijing Capital Company Limited
VTB Capital has been mandated as a joint bookrunner and joint lead manager on the placement of CNH 1 billion offshore renminbi bonds in the Reg-S format for Beijing Capital Company Limited, to be listed on the Hong Kong Stock Exchange and priced with a coupon of 4.7% and a three-year maturity. Continue Reading
Sales Associate with fluent Spanish, 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/1qdTimB 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
Senior ASP.Net Developer, Alpari, London Based
For more information – please visit the following link – http://1drv.ms/1pMuXnA Continue Reading
Russia's Sberbank CIB co-arranges $250m loan for Kaspersky Lab
By Andrei Skvarky. Sberbank has lent $250m to Russian security software developer Kaspersky Lab, with the biggest Russia lender’s investment arm, Sberbank CIB, being one of the lead arrangers of what is a syndicated loan. Continue Reading
EXCLUSIVE: Russia’s Alfa Bank parts company with COO Denis Soloviev
By Andrei Skvarsky. Denis Soloviev has resigned as chief operating officer of the corporate and investment division of Alfa Bank, one of Russia’s largest privately owned lenders. Continue Reading
Deutsche Boerse’s MNI: Russians getting worse off, gloomy about economy
By Andrei Skvarsky. The latest of monthly surveys by a Deutsche Boerse-owned think tank suggests the average Russian is increasingly worse off, is worried about their current and future finances and has gloomy outlooks for Russia’slabour market and economy in general as recession and possible further western sanctions loom large. 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
RenCap hiring for new Dubai office
By Andrei Skvarsky. Renaissance Capital has made three hires for a new office that the Russian investment bank is due to open in Dubai later this summer, and plans more recruitments for it. Continue Reading
Asia Frontier Capital reminds investors of Vietnam’s booming economy
By Andrei Skvarsky. Asia-focused fund manager Asia Frontier Capital (AFC) points out that Vietnam, not the most yearned-for destination for the average investor, has become one of the world’s fastest-growing economies since market reforms opened up the ex-communist country to foreign capital in the late 1980s. Continue Reading
Deutsche Boerse analysts: For Russian companies, it's not really business as usual
By Andrei Skvarsky. A survey by Deutsche Boerse-owned data provider MNI suggests that the majority of Russian companies are increasingly unhappy with the state of their business because of western sanctions against Russia, and that the overall sentiment became predominantly pessimistic in May. Continue Reading
Sberbank hires ING researcher as FX and rates chief strategist
By Andrei Skvarsky. Sberbank has hired Tom Levinson from ING as chief strategist for foreign exchange and rates at Sberbank CIB, the investment arm of Russia’s number-one lender. Continue Reading
Sberbank, Abu Dhabi’s Invest AD clinch “strategic” deal
By Andrei Skvarsky. Russia’s biggest lender Sberbank and Abu Dhabi’s state-owned Invest AD investment management firm have signed a preliminary deal on “strategic” cooperation in asset management in Russia, the Commonwealth of Independent States, and the Middle East, Sberbank said. Continue Reading
Russia’s Mosoblbank “most likely” had unit for cooking the books
By Andrei Skvarsky. Mosoblbank, Russia’s 83rd largest bank by assets, “most likely” had a division whose job was to cook the books in a bid to bypass regulatory restrictions slapped on the distressed lender with the aim of stopping it from going to the wall, a central bank deputy governor said. Continue Reading
Ozon acquires stake in LitRes, the leading Russian e-book store
Source – East-West Digital News Ozon Holdings, one of Russia’s most established e-commerce players, announced that it acquired a stake in LitRes, the leader in Russia’s fast growing – though still embryonic – domestic e-book market. Neither the size of the stake nor the amount of the transaction has been disclosed. Continue Reading