Monthly Archives: August 2011

Brunswick Rail acquires rail operator Proftrans

Brunswick Rail, Russia’s leading railcar operating lessor, announced today the purchase of the rail operator Proftrans. Proftrans specializes in the transportation of metal cargoes by rail. The company’s rail fleet consists of 1,647 gondolas with an average age of 3.5 … Continue reading

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Elbrus Capital has made an investment in Blesk InCare

Elbrus Capital has invested into a significant stake in Blesk InCare, a leading player in industrial laundries, textile management and protective mats in Russia and Ukraine. Blesk InCare operates seven industrial laundries in Moscow, Russia and in Kiev, Ukraine with … Continue reading

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Mobile TeleSystems acquires 100% stake in each of the four companies operating under the Altair brand

Mobile TeleSystems OJSC (MTS), the leading telecommunications provider in Russia and the CIS, announced that the MTS Group acquired a 100% stake in each of the four companies operating under the Altair brand (Altair). Altair is the largest cable TV … Continue reading

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Nestlé to invest more than RUB 1.3 billion in Russia

Nestlé Wednesday announced it will invest more than CHF 38 million (RUB 1.3 billion) to double pet food production at its Purina PetCare factory in Russia’s Kaluga region. The investment in the new manufacturing building at the factory – located … Continue reading

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Aegis Group plc acquires 100% of Moscow based Master Ad

Aegis Group plc, the marketing communications group, Wednesday announced that it has signed an agreement to acquire 100% of the share capital of the holding company of Master Ad LLC, a full-service out-of-home agency based in Moscow, Russia. Master Ad … Continue reading

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Sistema Finance acquires minority ordinary shares of its parent company

Sistema, the largest diversified public financial corporation in Russia and the CIS, announced that OJSC Sistema Finance, its 100% owned subsidiary, has acquired 17,813,600 Sistema ordinary shares, equal to 0.18% of Sistema’s total share capital. The shares will be used … Continue reading

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RusForest Magistralny receives priority investment project status and a new forest lease

RusForest Magistralny has been granted priority investment project status by the Russian Minister of Industry and Trade, Mr. Victor Khristenko. As a result, RusForest Magistralny is now included on the List of priority investment projects within the forestry industry in … Continue reading

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Heidelberg Cement opens new plant in Greater Moscow

HeidelbergCement recently officially opened its newly built cement plant TulaCement, which is located approximately 150 km south of Moscow in the city of Novogurovsky, in the Tula region. The plant has a production capacity of 2 million tons of cement. … Continue reading

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Russian pharmaceuticals giant, Protek Group, acquires AnviLab and its assets

Protek Group, a leader of the Russian pharmaceutical market, announced last month the signing of an agreement to acquire 100% ownership of ??? AnviLab and its assets in a deal valued at around $60 million. OOO AnviLab holds the rights … Continue reading

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EBRD to invest significantly in Russia’s road building

The European Bank for Reconstruction and Development (EBRD) and Avtodor, the Russian state company responsible for the development of the country’s motorway network, Thursday pledged to work on ways of making it easier to attract international financing and private sector … Continue reading

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