This week’s $75 million injection into classifieds advertising site Avito.ru is further proof of the investment attractiveness of Russian startups, which are a key element in the government’s push for diversifying the country’s energy-dependent economy. This week’s $75 million injection into classifieds advertising site Avito.ru is further proof of the investment attractiveness...
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New Internet Service Makes It Easier to Get a Ride
A startup company is offering a quick and clean taxi service in Moscow, where pickup is often slow and quality inconsistent. A startup company is offering a quick and clean taxi service in Moscow, where pickup is often slow and quality...
Legal Round Table: Developments in the Field
... Particular emphasis is added to corporate conflicts as well, especially where minority shareholders are seeking protection. A fair amount of work is done through debt restructurings where shares serve as a means of settlement of existing debts. New startups, particularly in the IT area, are a matter of priority as well. English law has been dominating in most of the M&A transactions, with international arbitration rather than domestic courts being agreed for adjudication. There have been a lot of...
Avito.ru Gets $75M in Additional Funding
....ru. Stopping by Avito.ru is "becoming a habit" for many Russians, De Rycker said by telephone, and that is a positive sign. "We're excited about the Russian Internet, [and] we're excited about the regions," De Rycker said of the startup's expansion plans. Baring Vostok's spokeswoman said the firm couldn't respond immediately to questions. The deal closed Friday, and Avito.ru received the $75 million on Monday, Nordlander said. The company now has hauled in more than $100 million...
Casey, Bernard
... Skills:</b></td><td>Renewable Energy / Telecommunications / Robotics & Industrial Automation / Semiconductors / Capital Equipment / Industrial Computers / Software / Business Process Management / Strategic Planning / Revenue and Profit Growth / Turnarounds / Startups / M&A / Best Known Business Practices / P&L / Global Marketing & Sales / Cost Control / Technology Business Development / New Product Development / Operations </td></tr> </tbody> </table>
Q&A: Republican Entrepreneur Touts Obama's Reset
... hour. Listing just a few of his current jobs takes Bernard Sucher about a quarter of an hour. Not only are there a lot of them, but they range across industries: from a board seat at MMK, a steelmaker founded under Stalin, to U.S.-based internet startups and a Moscow restaurant. The common thread is Sucher's two decades of experience in Russia. And the office of the financial expert, philanthropist and aspiring public servant bears witness to a life thousands of kilometers from his childhood...
Krasnoyarsk: Siberia's 'Beautiful Shore'
... restaurants are usually packed in the evening. Construction should be developed, with the city's population growing and a need for housing. The development of the social sector is also crucial. Q: What would you advise an entrepreneur considering a startup in Krasnoyarsk? A: You should work hard and start by learning the legislation relevant to the new business. Today's entrepreneurs should focus more on their legal literacy. Q: What is a must-see in Krasnoyarsk? A: Take a walk along the Yenisei...
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