“Russian Towers” are being built into “Vertical” // FAS allowed Ivan Tavrin to acquire the company

The Federal Antimonopoly Service (FAS) has approved the petition of Ivan Tavrin’s Kismet Capital Group (KCG) structures to acquire Russian Towers from UFG Private Equity. The asset may be merged with the already controlled by KCG “Vertical” and the First Tower Company (PBK) of “MegaFon”, the purchase of which should be completed by the end … Read more

Cherkizovo is catching a turkey // The group is negotiating the purchase of Krasnobor

One of the largest meat producers in Russia – Cherkizovo of the Mikhailov family – is preparing a new acquisition. The group is negotiating the purchase of the business of the third player in the turkey meat market – Krasnobor from Tula, which produced more than 20 thousand tons of this product in 2020. The … Read more

Demand will be supported by incentives // Buyers of domestic IT solutions will be given a discount on income tax

Within the framework of the “second package” of measures to support the IT industry, the government has agreed on new benefits for buyers of domestic software and hardware. All of them relate to income tax – we are talking about the application of a multiplying coefficient to the costs of purchasing Russian solutions in the … Read more

Raiffeisenbank Accepts Purchase of Citibank Retail Business

Raiffeisenbank plans to expand its business in Russia and does not exclude the purchase of Citibank’s retail client portfolio. This was stated by the Chairman of the Board of Raiffeisenbank Sergei Monin. “We cannot give detailed comments here. The only thing we can say is that we do not exclude this possibility … I think … Read more

Full cycle preferences

The Ministry of Industry and Trade proposes to conduct a pilot project in the Russian Federation, within the framework of which state hospitals and clinics will purchase a number of drugs from companies that have a full-cycle production in one of the countries of the Eurasian Union. This, according to the department, will make localization … Read more