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Rusnano Still Planning to Sell 10% of Company

The Moscow Times

Rusnano still plans to sell 10 percent of shares to investors in 2012 and expects the proceeds to be reinvested in the company. Rusnano still plans to sell 10 percent of shares to investors in 2012 and expects...

Privatization Schedule Updated

Reuters

... sector has seen its value plummet due to government dithering over tariff reform ahead of this year’s presidential election, but FSK has been shielded by its focus on industrial rather than household consumers. The company is valued at $13 billion. Rusnano The $10 billion technology holding intends to invest in promising high-tech companies and help create a so-called innovation economy. The tech industry is close to the heart of gadget-loving Medvedev, who wants to modernize the economy and reduce...

In the Spotlight

By Anna Malpas

... It said they got married on a working day this week, hoping to avoid publicity. The Ekho Moskvy radio station reported that the wedding rumors were premature, however, saying the couple was planning to marry Friday. Chubais, the dour-looking head of Rusnano, whose armored car was raked by bullets in a bizarre assassination attempt in 2005, doesn't often make the gossip pages, although he evidently has an eye for beautiful women. For some, he is the apotheosis of evil, blamed for all the economic...

First Electric Cars Take to the Road

By Roland Oliphant / The Moscow Times

... Prokhorov’s Yo-Mobile, a domestically built hybrid, is set to go into production in the second half of this year. Others signs of faith in an EV future include the opening last month of a battery factory in Novosibirsk. The joint venture between Rusnano and Chinese partner Liotech will initially focus on supplying the electric vehicle industry in China. There’s no denying that iMiEV has its good points. It’s a sprite little machine, with lots of headroom for tall drivers. Gusev and...

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