In late March Russian delivery service Broniboy received the first tranche of a 500 million ruble capital injection (some $6.25 million at the pre-war level). The funding is provided by Krasnodarzernoprodukt, a major supplier of farming commodities and services. The terms of the deal were not disclosed. While serving 17 Russian cities, Broniboy is the …
Earlier this month Russian delivery service Broniboy raised 100 million rubles ($1.35 million at the current exchange rate) at a 3 billion ruble valuation ($40 million), reports Rusbase. This fast-growing company, which already operates in six Russian cities including Moscow, raised 130 million in a previous round, and plans to attract an additional 800 millions rubles next year. …
Moscow-based Sitronics, the LSE-traded, high-tech arm of the diversified Russian conglomerate Sistema, is ready to ink a pact with the second-largest Chinese telecom equipment maker, ZTE, to open a research and development center on the outskirts of Beijing, Russian news agency RIA Novosti reported on Wednesday, citing Sitronics’ vice president Irina Lanina.
Mobile discounter Tele2 Russia has announced a program to turn over 25% of its 450 mobile shops in Russia into fully-fledged retail outlets selling mobile services. Of Tele2’s existing 450 stores, 120 are to be transformed into ‘supermarkets’ by the end of 2011. Tele2 has been pilot-driving its ‘cellular supermarket’ concept since the end of …
Tele2 Russia, a subsidiary of a European telecommunications holding based in Sweden, intends to invest over 1.25 billion rubles ($43 million) building cellular base stations in Krasnodar region, report regional officials and Tele2.
