Monthly Archives: September 2011

Coca-Cola in new Russian investment program of US$3 billion over the next five years

The Coca-Cola Company and its bottling partner, Coca-Cola Hellenic, announced a new Russian investment program of US$3 billion over the next five years, commencing 2012, as part of the official opening of a new Coca-Cola plant in Rostov region. Muhtar … Continue reading

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Germany’s BASF signs fertilizer supply contract with Russia’s EuroChem

BASF has signed a contract with EuroChem, Moscow, Russia, to sell its fertilizer activities in Antwerp, Belgium. BASF also plans to sell its 50% share of the joint venture PEC-Rhin in Ottmarsheim, France, to EuroChem. The total transaction value is … Continue reading

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Russia’s ABBYY in Fresh Reseller Agreement in North America

ABBYY®, a leading provider of document recognition, data capture, and linguistic technologies and professional services, Tuesday announced that it has entered into a certified partner reseller agreement with Xerox Corporation. Under the new agreement, Xerox will resell ABBYY’s FlexiCapture and … Continue reading

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NMDC Limited to acquire a coking coal asset in Russia

According to Mining Weekly, India’s largest iron-ore miner NMDC Limited is set to acquire a coking coal asset in Russia within the next fortnight. NMDC chairperson and MD Rana Som was quoted saying the company is looking at a coking … Continue reading

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German’s SAP AG to invest a total of US$1.3 billion in its business in Russia and the CIS

The Vedomosti Business Daily Friday reported that German software developer SAP AG, one of the world’s leading vendors of business management solutions, intends to invest a total of €1 billion (US$1.3 billion) in its business in Russia and other CIS … Continue reading

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Uralkali eyeing further expansion to benefit from rising prices and increased fertilizer demand from farmers

Reuters Friday reported that Russia’s leading fertilizer manufacturer and the world’s number 2 is eyeing further expansion of its capacity. Urakali recently became the world’s second largest fertilizer producer after acquiring its domestic rival Silvinit. The expansion move is targeted … Continue reading

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Takedown Entertainment to acquire worldwide distribution rights to past and future MMA fights with Modern Pankration

Takedown Entertainment Inc. (TKDN), an authority in the business of mixed martial arts, signed a Letter of Intent to acquire worldwide distribution rights to past and future MMA fights with Modern Pankration, plus certain brand and sponsorship rights. Founded in … Continue reading

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Rockefeller keen to buy the gas assets of Russia’s state diamond monopoly Alrosa

The Kommersant business daily Wednesday reported that a private investment fund of Steven Clark, Rockefeller is keen to buy the gas assets of Russia’s state diamond monopoly Alrosa. The Kommersant quoted Rockefeller’s Executive Chairman Dietrich von Erbach-Schonberg saying on Wednesday. … Continue reading

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Gano Services Inc. acquires 23 per cent of the shares and 27 per cent of the votes in Ruric

Gano Services Inc, incorporated in the British Virgin Islands, Tuesday announced the acquisition of 23 per cent of the shares and 27 per cent of the votes in Russian Real Estate Investment Company AB (Ruric). Further, Gano Services Inc. has … Continue reading

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TENEX signs long term contract with US based Exelon Generation Company LLC

Russian owned Joint-Stock Company, Techsnabexport, (TENEX), a Rosatom enterprise, and the largest US nuclear generator Exelon Generation Company LLC signed another long-term contract for supply of enrichment services. The contract was signed by Mr. Alexei Grigoriev, General Director of TENEX, … Continue reading

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