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Yandex, Sberbank agree to set up Yandex.Market e-commerce joint venture
2017-12-14 15:46:00| Telecompaper Headlines
(Telecompaper) Russian internet search engine Yandex has concluded an agreement with Sberbank on the launch of a joint venture based on the Yandex.Market platform. Under it Sberbank will subscribe for new shares in Yandex.Market for RUB 30 billion, valuing it at RUB 60 billion on a post-money basis, before taking into account any potential future synergies. The two partners will own equal stakes in the company, with 10 percent of the shares to be issued to an equity incentive foundation and allocated for future grants of equity awards to management and employees of Yandex.Market.
Sberbank to launch its own MVNO
2016-07-06 22:08:00| Telecompaper Headlines
(Telecompaper) Russian bank Sberbank has founded a new subsidiary -SB-Telecom- which will act as an MVNO, reports Vedomosti. The new company will provide telecommunications services for companies within the Sberbank group, as well as for customers of the goup. The new company hasn't yet received any licences from the federal telecommunications regulator Roskomnadzor. Ruslan Gurdzhiyan has been appointed the CEO of the new company; he is also the head of the directorate of the digital business development in Sberbank.
Sberbank to finance Sovcomflot tankers project with $340m
2015-12-23 01:00:00| Ship Technology
Sberbank CIB will finance the construction of Sovcomflot Group's (SCF) three Arctic shuttle tankers, with $340m in loan.
Tags: project
finance
tankers
project finance
Top 100 brands: Sberbank and MTS gain prestige
2013-05-21 16:47:57| Oil & Gas - Topix.net
Russia's largest bank jumped four places from last year to reach spot 70, closely followed by telecommunications company MTS, which secured spot 82 in brand value rankings.
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