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EBRD to Invest $35 Million in Russia New Growth Fund

The board of the European Bank for Reconstruction and Development has confirmed the bank’s $35 million participation in the Russia New Growth Fund, which is managed by Troika Capital Partners and aims to help some of the most dynamic companies in Russia and the former Soviet Union fund promising projects.

Popularity: 1% [?]

December 5, 2006

Dubai Firm to Build $11 Billion City Near Moscow

Photo: Getty Images

A Dubai-based developer said it plans to build a new Russian city on 18,000 hectares near Moscow.

Popularity: 5% [?]

December 4, 2006

Falcon Capital to Build Wind Power Plants in Kalmykia Region

Czech company Falcon Capital plan to build three wind farms in the republic of Kalmykia at a total cost of over €150 million, Kalmykia Economics Minister Vladimir Sengleev told journalists in Elista.

Popularity: 1% [?]

November 28, 2006

St. Petersburg Safer Than Moscow — Study

While Moscow is the country’s most attractive investment destination, St. Petersburg is the least risky, according to an annual study of potential and risk by Expert magazine published Monday. Moscow is still a “moderately risky” place to put your money, the study said.

Popularity: 1% [?]

Israeli Billionaire to Invest $1 Billion in Moscow Office Project

Lev Leviev. Photo: Israel Sun

Africa-Israel Group, owned by Israeli billionaire Lev Leviev today announced that the Moscow Municipality Public Council approved the preliminary plan for its 330,000-sq.m. multipurpose project earlier this month.

Popularity: 2% [?]

November 27, 2006

Valio to Invest $35 Million in Dairy Plant Near Moscow

Finnish dairy producer Valio is planning to invest $35 million in a dairy plant in the Odintsov district of Moscow region.

Popularity: 1% [?]

November 22, 2006

Heineken Invested €1.2 billion in Russia

Heineken has invested 1.2 billion euros in Russia between 2002 and 2006, Rolan Pirmez, president of Heineken in Russia, said at a press conference in Irkutsk on Tuesday.

Popularity: 2% [?]

November 21, 2006