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Mail.ru, DST Specify Facebook Plans

The Moscow Times

Mail.ru Group, controlled by Alisher Usmanov and the DST funds he set up with Yury Milner and partners, will take part in the Facebook initial public offering, selling some of their stock in the social networking site. ...

Durov Gets New Powers at Vkontakte, Nixes IPO

Reuters

... planned initial public offering, fearing a repeat of the botched Facebook float, which left U.S. regulators red-faced and investors around the world fuming. Chief executive Pavel Durov, who had secured the backing of 40 percent of the shareholders of Mail.ru Group over how to take the company forward, said Tuesday that it would postpone the IPO indefinitely. “The IPO of [Facebook] destroyed the faith of many private investors in social networks,” Durov said on the social network site Twitter...

Usmanov Shows His Acumen Again in Facebook IPO

Reuters

... anything bad happens, he'll be helped." Usmanov owns his Facebook stake through investments made by funds of Digital Sky Technologies, or DST, the investment firm of Russian social media investment star Yury Milner, and through Internet investor Mail.ru, which was spun out of DST. Together, DST and Mail.ru owned Facebook shares valued at about $7 billion at the $38 opening price for Facebook's IPO on Friday, according to data in its prospectus. Usmanov's total stake in Facebook was worth about...

Navalny's Funds Come Under Scrutiny

By Jonathan Earle / The Moscow Times

... instead of just a few," Kostunov said. A spokeswoman for Yandex.Money disputed the veracity of the alleged documents. "We don't comment on rumors and fantasies, and we don't see anything besides that here," wrote Asya Melkumova in e-mailed statements. Kostunov said Yandex.Money wasn't in a position to judge because it hadn't seen the documents, which he said he wouldn't be releasing to the public. Navalny has published audits of the accounts on his blog. Kostunov's request seemed...

Low State Salaries at Heart of Doctor Deficit

By Peter Spinella / The Moscow Times

... Moscow or a clinic in Europe. "In France, a doctor working at a hospital earns 7,500 to 10,000 euros [$10,000 to $13,000] a month," Caroline Galliaerde, CEO of recruitment and executive search company Brainpower in Russia and the CIS, said by e-mail. "Highly professional specialists earn even more." A marketing director at a pharmaceutical firm in Moscow gets a starting salary of 150,000 rubles ($5,000) a month, according to Brainpower. A marketing manager or product manager gets 100...

Airlines Race to Recruit Pilots Amid Shortage

By Alec Luhn / The Moscow Times

... the first two months of 2012 as compared with the same period last year, according to the news service. Wage Wars Pilot positions comprise 5 percent of the aviation vacancies on recruiting website SuperJob.ru, said spokesman Vladislav Gladenkov by e-mail. Meanwhile, 14 percent of the site's aviation vacancies are for flight attendants and 16 percent are for ticket agents, he said. Aviator positions, however, remain foremost on airlines' minds. Russia's second- largest airline, Transaero, concerns...

Rugacheva, Natalia

... valign="top"><b>Languages Spoken:</b></td><td>Spanish</td></tr> <tr><td valign="top"><b>Address:</b></td><td>Petrozavodsk, Russia<br><a href="mailto:runa1206@mail.ru">runa1206@mail.ru</a></td></tr> <tr><td valign="top"><b>Telephone Contacts:</b></td><td>Mobile: 7-911-435-9038</td></tr> <tr><td valign="top"><b>Desired...

Safety, Cost Meet Head On in Arctic Oil Race

By Irina Filatova / The Moscow Times

... might result from accidents on the facility, said Gazprom Neft Shelf, Gazprom's subsidiary in charge of offshore extraction. "The insurance sum will be increased after the platform is completed and put into commission," the company said in e-mailed comments, adding that it might also "attract foreign partners to help cover the insurance risks." Gazprom Neft Shelf said it had foreseen three possible scenarios of oil leaks at the field — from an oil tanker, from the platform...

Wanted: Teleportation

By Kevin O'Flynn

... that came in to my inbox this Friday to experience teleportation through time and space. Something about the letter seemed familiar, and perhaps I had already been on it, had been sent back to the moment the e-mail arrived and was experiencing some kind of time-travel indigestion. It was one of the more tempting offers that came in to my inbox this Friday to experience teleportation through time and space. Something about the letter seemed familiar...

Nike Expands Franchisee Base

By Irina Filatova / The Moscow Times

... shopping centers in Moscow and St. Petersburg to locate the outlets of 300 to 400 square meters each. "We are considering a few locations simultaneously, and it's hard to say which of the shopping centers will make it first," he said in e-mailed comments, adding that the shopping centers where re:Store Retail Group already has stores will be prioritized. The retailer is already present — among other shopping centers — at GUM, Atrium, MEGA and Tsvetnoi Central Market in Moscow...

Government 'Funded' Liberal-Leaning News Site

By Alexander Bratersky / The Moscow Times

... powerful government officials such as Deputy Prime Minister Vladislav Surkov, who is believed to have masterminded the creation of Nashi when he served as Putin's deputy chief of staff in the Kremlin. Fueling suspicions was the online appearance of an e-mail exchange, purportedly between Varlamov and Nashi spokeswoman Kristina Potupchik, that appears to show Varlamov accepting 400,000 rubles ($13,600) for writing blog posts looking flattering to the Kremlin. Varlamov has refused to discuss the e-mail...

Krasnolobova, Irina

... Partner</b><br>BAKER BOTTS L.L.P., MOSCOW<br>Coordinate the planning, organisation and execution of corporate hospitality events, conferences, seminars, exhibitions and related activities, including venue searching, mailings, handout preparation, RSVP collation, feedback and post event-analysis / proactively prepare research for proposals/ monitor the outcome of proposals in accordance with the firms' procedures using FCP (proposal generator)...

Internet Shows Signs of Challenging TV for Attention

By Irina Filatova / The Moscow Times

... Russia, which surveyed people between 12 and 54 years old in cities with a population of more than 100,000. Yandex had more daily users than any other Internet project in Russia, according to the market researcher’s Web Index report, which put Mail.ru in second place, with 17.5 million daily visitors, while the country’s biggest social network, Vk.com, took third, with 16.2 million users each day. The gap between the total daily TV audience and the number of daily Internet users was also...

Residents Band Together at Elite Village

By Rachel Nielsen / The Moscow Times

... compensation, “we’re prepared to pay them part of the money that we haven’t paid them for the past 1 1/2 years” and the monthly fees in the future, he said. On Monday, he delivered his latest negotiation terms to management by e-mail — because he is no longer allowed to enter the reception area. Since mid-April, Angelovo has banned him from driving his car on the premises, both he and Kuzin confirmed. Instead, he parks overnight outside the gate and walks home. His wife’s...

Luxury Hotels Compete to Raise Service

By Alec Luhn / The Moscow Times

... say that the level of service in Moscow five-star premium international hotels is the same [as at any of their] counterparts in megapolises," Olga Ryzhkovskaya, director of sales and marketing at the Hotel Baltschug Kempinski Moscow, said by e-mail. Premium Product Although the Radisson Royal is located farther from the Kremlin than most other five-star hotels, it possesses a unique selling point in that it occupies one of Stalin's famous Seven Sister skyscrapers: Henriksen said the hotel's...

Legal Round Table: Developments in the Field

By Peter Spinella

From sweeping new regulations in industries such as pharmaceuticals to the Civil Code revisions and migration amnesty law currently under discussion, Russia's legal environment is constantly changing. The Moscow Times posed four questions by e-mail to four Moscow-based lawyers specializing in different fields about new developments in their areas of practice. From sweeping new regulations in industries such as pharmaceuticals to the Civil Code revisions and migration amnesty law currently...

Ministry Begins 4G Frequency Tender

By Rachel Nielsen / The Moscow Times

... that the competition terms include criteria for owning and expanding a company's own network, which clearly gives an advantage to certain operators and puts operators that don't have federal licenses at an obvious disadvantage," Alyavdin said by e-mail. 396846 179742

No Bonuses at Alfa Investment Bank

By Howard Amos / The Moscow Times

... 20-year history. The investment-banking arm was also profitable. "The shareholders and the board of directors are of the mind that the possibilities of potential growth for the bank are higher than the market average," Alfa Bank said in e-mailed comments. "In connection with this, bonuses for the results of 2011 work were not paid to top managers." The financial woes are more serious at Renaissance Capital. The investment-banking arm of Renaissance Group — owned jointly...

Report: Borodin Denied U.K. Asylum

By Howard Amos / The Moscow Times

... assassination. In an interview from his hospital bed published Sunday, Gorbuntsev said he knew the identities of the four men behind the attack on him, including one who is close to Prime Minister Vladimir Putin’s inner circle, Britain’s Daily Mail reported. Gorbuntsev intends to apply for political asylum in Britain as a result of the attack. 418277 179742

Avito.ru Gets $75M in Additional Funding

By Rachel Nielsen / The Moscow Times

... people to select a geographic location from a menu and then post ads. The localized approach gives buyers and sellers the chance to meet in person in order to pay in cash and pick up goods, instead of making online payments or delivering goods via the mail — helpful factors in a market where about 90 percent of goods bought online are paid for in cash, according to Fast Lane Ventures. Currently, Avito.ru's business is in European Russia, with Chelyabinsk and Yekaterinburg its easternmost major...

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