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Business & Legal Environment

Dec 11, 2014

Life.SREDA invests in mobile bank Rocketbank

Last week Life.SREDA, the venture arm of Russian finance group Life, announced its investment in mobile bank Rocketbank

Nov 28, 2014

Legislation to stimulate Internet industry under development in Russia

The e-government development will be continued as well as localization of such major businesses as Google, Facebook and Twitter, the deputy head of the federal communications and media watchdog says

Nov 28, 2014

Russia helps Ural region develop local venture environment

RVC, Russia’s national fund of funds for innovation, has provided methodology for a new venture fund in the Sverdlovsk region, in the Urals, an effort aimed at developing local VC infrastructure for early-stage projects

Nov 23, 2014

MAIL RU : Sale of Headhunter business to investor consortium led by Elbrus Capital

The deal is expected to close in Q1 2015 and is subject to third-party approval

Nov 14, 2014

RVC backs tech brokerage development in Russian universities

RVC has supported the development of a series of free educational seminars for tech brokers, experts in the fostering of interaction between industry and scientific teams at universities

Oct 31, 2014

Yandex announces Q3 2014 financial results

Oct 29, 2014

Luxoft acquires Radius

Earlier this week Luxoft announced the acquisition of Radius Inc., a US-based provider of Internet-of-Things (IoT) solutions

Oct 09, 2014

Rostelecom plans to raise Russian hardware, software use

Russian national operator Rostelecom plans to raise the use of Russian equipment and software to 30 percent in 2015

Sep 26, 2014

Russia Plans Creating State Program for Software Development by June 2016

Russian Prime Minister Dmitry Medvedev has instructed the country’s ministries to draft a state program for development of the Russian software by June 2, 2016

Sep 25, 2014

Russian venture market continues annual decline in Q2 2014 as cross-border investment could virtually disappear

2014 continues to be a difficult year for the VC market, as investments maintained their slide compared to 2013 levels

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