Install

Get the latest updates as we post them — right on your browser

. Last Updated: 05/22/2013

Prokhorov’s RBC Purchase

Billionaire Mikhail Prokhorov will complete the purchase of a 51 percent stake in RBC Information Systems by June, said Vladimir Pakhomov, investment director at Prokhorov’s Onexim Group, Vedomosti reported.

Onexim Group’s Pragla got an approval for the purchase from the Federal Anti-Monopoly Service and can now proceed with the acquisition, the newspaper said.

(Bloomberg)






Comments via Facebook



Also in Business

Wheels: Opel's New Astra Adds Speed to an Old Standard

Opel's updated Astra provides the same old reliable performance and functionality while adding many modern amenities.

New Publisher Named to The Moscow Times

Ekaterina Movsumova has been selected as the new publisher of The Moscow Times, replacing Ekaterina Son, the paper's parent company Sanoma Independent Media announced on its website Tuesday.

VTB 24, Housing Mortgage Agency Cutting Loan Rates

Following Sberbank, two other major players on the mortgage market, VTB 24 and the Housing Mortgage Agency, announced that they are cutting lending rates, Vedomosti reported.

Moscow Seeks $6.45Bln in Metro Cars

City Hall will hold a first-of-its-kind tender for 2,500 to 3,500 metro cars in August, and the winner will get a 30-year contract.

Paid Parking Limited to Center

The initial plans to introduce paid parking within the 3rd Ring Road were canceled, with paid parking limited to the Boulevard Ring.

Olympics Investors Get More Honor than Profit

The mountains of Sochi are now home to Potanin's slope, Gazprom's gondola lift and Sberbank's ski jump.



print




Most Read
advertising
Moscow Directory
DELIKATNY PEREEZD

Local & intercity moves...

LA BOTTEGA

Over 170 wines on the wine list, mainly from Italy, France and Spain...