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Ruling invalidated the selection of Romanian state-controlled hydropower group Hidroelectrica’s management back in 2019.
Prominent Russian oligarch Oleg Tinkov, the former owner of Russia’s only purely online bank, is behind the launch of an international financial startup in Mexico, banking sources have told bne IntelliNews.
Payment business Kaspi Pay records strong growth in transaction volume and active user base, with over 21mn users at end-2022.
Foreign investors from countries Russia deems unfriendly have been offloading billions of rubles' worth of Kremlin OFZ treasury bonds at steep discounts of up to 85%, bne IntelliNews can reveal.
Sub-Sahara Africa’s half dozen MSCI frontier index markets were flat in January, after the region was down 25% last year compared with the composite 30%. Tiny Senegal was the only slight gainer ...
Dealmaking in Central Europe is set to rebound, says law firm's long-standing Prague managing partner, as new kinds of investor move into the region.
The Russian economy is starting 2023 in a far better state than many had anticipated in the spring following the invasion of Ukraine and ensuing Western sanctions.
The weak macroeconomic backdrop and the spectre of possible recession are likely to stifle M&A in the coming months, according to the annual CMS/Emis Emerging Europe M&A Report.
Endures 2022 without IPO, fails to attract enough domestic and foreign capital.
Uzbeks remain nervous fallout from consequences of Ukraine war could derail economic hopes.
Thirty years ago the Mongolian Stock Exchange was opened up to privatize the country’s Soviet-era assets. Last week the exchange conducted an initial public offering to sell off a third of its own shares to the public.
Russia’s Insight Investment Group has purchased a leasing company from the German engineering giant Siemens and is considering buying more lessors and fintech firms as the M&A tsunami unleashed by the Western sanctions on Russia continues.
A 15-year-old dispute between minority shareholders and one of Russia’s biggest iron ore mines, Lebedinsky Mining and Processing plant, known as Lebedinsky GOK in Russian, has flared up as the investors claim they were duped by the metal works.
Russian e-scooter-sharing service Whoosh's IPO on the Moscow Exchange raised RUB2.1bn from a 10% free float.
Following the flotation, enterprise chair Hanzade Dogan Boyner became a billionaire, but that status did not last long.
Atabek Nazirov, head of Uzbekistan’s Direct Investment Fund (UzDIF), has emphasised key aspects Uzbekistan can boast of in terms of investment attractiveness. During the 26th session of the ...
Automaker is preparing to list as one of a series of People's IPOs of major Uzbek enterprises.
AmonRa wants to raise funds to finance its expansion in Romania and in other Southeast European countries.
In the remaining months of this year Uzbekistan hopes to hold its first three major IPOs in carmaker UzAvto, metallurgical business UzMetKombinat and the leading mortgage bank in the country Qishloq Qurilish Bank (QQB).
In January 2016 Paresishvilli successfully plugged Georgia into the international capital markets when it hooked up to the international settlement and clearing system of Clearstream. Now he intends to do do the same with the Tashkent Stock Exchange.