Support The Moscow Times!
Contribute today

MegaFon CEO Talks of IPOs

By The Moscow Times

Companies that hope to launch initial public offerings in the near term are being held back by uncertain markets, MegaFon chief executive Ivan Tavrin said, signaling the firm's highly anticipated flotation could be some way off.

The mobile operator plans to list up to 20 percent on the London stock exchange in a deal that was expected to raise $4 billion during the second half of 2012.

"An IPO is a process that may take place when there are [positive] external factors and internal desire. Today, as you can see, there are no IPOs in the world," Tavrin said at a technology forum Tuesday.

(Reuters)

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue

Read more

perfect storm

What's Causing Russia's Record Floods?

Above-average snowfall followed by a rapid spring thaw, a warmer planet and human influences have all played a role in the current crisis.
3 Min read
assassination plot

Poland Arrests Man Over Suspected Russian Plan To Kill Zelensky

Warsaw said the suspect stated that he was "ready to act on behalf of the military intelligence services of the Russian Federation."
2 Min read
unconfirmed deaths

Memorial to Russian Sailors Lists 19 Casualties in Moskva Sinking – Reports

Russia’s Defense Ministry has officially confirmed one death and 27 missing sailors in the April 13, 2022, sinking of the Moskva.
1 Min read
melting ice

Kamchatka's Glaciers Have Shrunk by 36% Since 1950 – Russian Scientists

The rate of retreat of the ice caps in the northern Sredinny Range from 2002 to 2017 was 4.3 times higher than from 1950 to 2002.
1 Min read