Russian PM says Moscow will not initiate lifting of sanctionsBusiness & Economy December 09, 18:24
Roscosmos praises contribution of US astronaut John Glenn to world cosmonauticsScience & Space December 09, 18:19
Russian Sports Ministry urges investigation into facts stated in McLaren reportSport December 09, 18:13
WADA says RUSADA must demonstrate 'independence from outside interference'Sport December 09, 18:03
Russian PM says Nord Stream-2 project benefits all participantsRussian Politics & Diplomacy December 09, 18:00
Russian premier says Rosneft stake sale is 'largest deal' in 2016Business & Economy December 09, 17:38
IPC says full findings of McLaren report unprecedented, astonishingSport December 09, 17:05
General Staff: Syrian army takes control of 93% of Aleppo’s territoryMilitary & Defense December 09, 17:04
Sakhalin Energy becomes most environmentally responsible oil and gas company in RussiaBusiness & Economy December 09, 16:55
Vostok Nafta said it would disclose more details on the deal in its January-June report on August 13.
“The investment in Yell fits very well with our special interest in companies with network effects characteristics and we look forward to supporting the company and its founders in the years to come,” Vostok Nafta’s Managing Director Per Brilioth said, as quoted in the statement.Yell.ru is a utility with user reviews about Russian companies and services to help consumers make better informed decisions when purchasing services or goods.
The value of Vostok Nafta’s net assets amount to $517.5 million including net monetary assets of $152.3 million.
Vostok Nafta owns in 46.6% in Russian classified advertising Web site Avito.ru and 13.7% in Tinkoff Credit Systems (TCS Bank).