News

Yandex Announces Second Quarter 2012 Financial Results

31.07.2012

MOSCOW AND THE HAGUE, July 31, 2012, Yandex (NASDAQ: YNDX), the leading internet company in Russia operating the country’s most popular search engine and most visited website, today announced its unaudited financial results for the quarter ended June 30, 2012.

ER-Telecom has connected 4.5 million subscribers to its services

19.07.2012
Russian telecom holding ER-Telecom («Dom.ru» brand) connected the 4.5 millionth subscriber in the first half-year 2012.
The Company is the leader of Russian telecom market in terms of subscriber base growth. In January-June, 2012, «Dom.ru» connected about 600 thousand new users, and the subscriber base went up 15%. In 2011 the company acquired over 1.2 million users with the growth rate of 44%. Out of the total new connections 28% subscriber for telecom services for the first time, and 72% switch over from other providers.

Expobank switches over to a new technological platform

17.07.2012
Expobank and Center of Financial Technologies Group of Companies have successfully completed the first stage of a large-scale project of transferring the full scope of IT service functions to outsourcing. One of the key project stages has been finished – substitution of the bank’s existing corebanking system with CFT-Bank information complex placed in the facilities of CFT data center.

ER-Telecom launches telephony in Rostov-na-Donu

09.07.2012

ER-Telecom, Russian telecom holding («Dom.ru» brand) has started providing the service of local telephony in Rostov-na-Donu. Now the company’s subscribers are offered the complete triple-play bundle, comprising the three key telecom services – high-speed internet, cable TV, and telephony.

AVITO.ru closes $ 75 million fund-raising from Accel Partners and Baring Vostok Private Equity Fund IV to accelerate Russian expansion

02.05.2012
<p>AVITO.ru, the largest online classifieds website in Russia, announced today that it has received $75 million in new funding from Baring Vostok Private Equity Fund IV, Accel Partners, and existing investors Kinnevik and Northzone. The new funds will be used to further fuel the company’s strong growth throughout Russia and to continue attracting world-class talent.</p>

Nostrum Oil & Gas: Full Year Results for the Year Ending 31 December 2014

Nostrum Oil & Gas PLC (“Nostrum”, and together with its subsidiaries the “Group"), an independent oil and gas exploration and production company with assets in north-western Kazakhstan, today announces the full-year financial results for the twelve months ending 31 December 2014 of Nostrum and the Group, together with its 2014 Annual Report.
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