• Pepsi to Buy Russian Juice Leader.
  PepsiCo and The Pepsi Bottling Group Agree to Buy 75.53% of Lebedyansky’s Juice Business. More

• $4 billion acquisition by Enel of OGK-5.
  According to the final results of the mandatory public tender offer launched on the entire share capital of the Russian generation company OAO OGK-5, Enel Investment Holding B.V. informs that it owns 59.80% of OGK-5’s share capital. More

• Russia Hot, Russia Cold.
  Speech by Stephen Jennings, Chairman and CEO, Renaissance Group, at the Russo-British Chamber of Commerce City of London Lunch "Perspective on the Significance of Russia's Economy within the Larger Framework of the Global Market", September 6, 2007. Read (PDF)

• Investing in Russia’s Prosperity.
  More than 1,000 Investors, Corporate Leaders and Government Officials Attend Renaissance Capital’s 11th Annual Investor Conference. June 18, 2007. More

• Top Investors Urged to Grasp Realities of New Russia.
  Stephen Jennings, CEO of RenCap Securities, opened the 5th Annual Renaissance Securities Investor Conference at the Waldorf-Astoria Hotel in New York City. October 19, 2006. More

• Russia: New Role in a Changing World.
  The speech by Stephen Jennings, CEO of RenCap Securities, at the 5th Annual Renaissance Securities Investor Conference in New York City advises Western investors, politicians and commentators to “come to grips with the realities of a ‘new’ Russia, a country with the capacity and the will to exercise its geopolitical and economic might". October 19, 2006. More

• “I am sure that we will succeed”.
  Gennady Kozovoy, Director General of Raspadskaya, speaks to Vedomosti about his company's partnership with Evraz, the possible consolidation of the coal industry, and plans for Raspadskaya to enter new markets. October 16, 2006. More

• Renaissance Capital: 10th Annual Investor Conference.
  CEO Stephen Jennings opened Renaissance Capital’s 10th annual investor conference today by calling Russia an “economic freight train creating unprecedented liquidity, unparalleled investment opportunity and a burgeoning middle class.”. June 19, 2006. More

• 10th Annual Investor Conference, Russia: A Look into the Future.
  Speech by Stephen Jennings, CEO, Renaissance Capital at the 10th Annual Investor Conference. June 19, 2006. More

• Mittal Steel Announces Guidance For 2006 and Publishes Highlights of its 2008 Business Plan.
  EBITDA Expected to Reach $9.9 Billion in 2008. Read (PDF)

• Sony Ericsson's Press Conference in Minsk, Belarus.
  Sony Ericsson Mobile Communications, the innovative company of the mobile communications industry, announces today the company’s plans for Byelorussia and presents its expanding portfolio of the new mobile phones. June 12, 2006. More

• Mittal Steel commences U.S. offer for Arcelor securities.
  Mittal Steel Company N.V. announces the commencement of the previously announced U.S. offer for ordinary shares and convertible bonds of Arcelor S.A. Read (PDF)

• European Commission Approves Mittal Steel – Arcelor Merger.
  Mittal Steel Company N.V. announced that the European Commission has cleared Mittal’s bid to acquire Arcelor subject to certain commitments. The granting of EU antitrust clearance is a further positive and important step towards the successful completion of Mittal’s bid. Read (PDF)

• ICSID Case Discontinued as a Tribute to Improvement in Investment Climate in Ukraine.
  The Joint Request to Discontinue Proceedings in the International Center for the Settlement of Investment Disputes (ICSID) was signed between the Ukrainian Ministry of Justice Mr. Serhiy Holovatiy and Ms. Natalie A. Jaresko, President and CEO of Western NIS Enterprise Fund (WNISEF). May 29, 2006. More

• Ferrexpo Poltava Mining Confirms Interest In Developing and Managing the Assets of KGOKOR.
  Ferrexpo Poltava Mining (Ferrexpo) confirms its interest in developing and managing the unfinished iron ore pellet facility at KGOGOR. April 18, 2006. More

• Vladimir Razdukhov Elected General Director of Caspian Pipeline Consortium.
  Today an Extraordinary Meeting of CPC-R and CPC-K shareholders approved Vladimir Razdukhov as the new General Director of the two companies. April 16, 2006. More

• Telenor Proposes that VimpelCom Acquire Kyivstar for Cash.
  Telenor believes that if the transaction is completed as proposed, it will be beneficial for Kyivstar, VimpelCom and VimpelCom's shareholders, as well as for Telenor's shareholders, and will create a framework for ending Alfa’s attacks on Telenor’s ownership interests in VimpelCom and Kyivstar. March 20, 2006. More

• Baltika Shareholders Give Green Light to Merger with Pikra, Vena and Yarpivo.
  Baltika Breweries, the leading brewer in Russia and Eastern Europe, announced that its shareholders have voted in favour of the proposed merger of Baltika with brewing companies Pikra, Vena and Yarpivo. March 09, 2006. More

• METRO Cash & Carry Ukraine Lviv Wholesale Store Opening.
  PBN•Ukraine assisted in organizing the opening ceremony of METRO Cash & Carry Ukraine Lviv Wholesale Store. This will be the first METRO Store in the city of Lviv. December 06, 2005. More

• Ukraine Launches Information Campaign Against AIDS.
  The PBN Company was selected by the Ukrainian Ministry of Health to design the publications for a new public information campaign about HIV/AIDS in Ukraine. The World Bank-funded project seeks to impede the growing HIV/AIDS pandemic by educating the Ukrainian public about the facts of the disease and its prevention. November 01, 2005. More

• NASDAQ Participates in the World Economic Forum in Moscow.
  Charlotte Crosswell, Head of NASDAQ International and Paulina McGroarty, Managing Director of NASDAQ operations in Russia and CIS visited Russia to participate in World Economic Forum in Moscow. Charlotte Crosswell was invited to lead the session of Module of the Financial Services Industry Partnership Programme of the World Economic Forum - Workstream on «The Evolution of Capital Markets in Emerging Countries». October 17, 2005. More

• Overcoming Cultural Difference.
  PBN Moscow successfully conducted a two-day seminar “Overcoming Cultural Differences” on 12-13 October 2005 for Shell Exploration & Production Services. The purpose of the seminar was to prepare 18 senior Shell executives from Europe to be effective partners in their business relationships and interactions with Russian counterparts. October 12, 2005. More

• International Investment Survey.
  A confidential survey of 158 foreign investors conducted by The PBN Company for the Foreign Investment Advisory Council and the RF Ministry of Economic Development and Trade. August 09, 2005. More | Press Coverage

• Sibir Energy Makes US$2bn Claim Against Sibneft, Roman Abramovich and Six Other Sibneft Companies.
  Sibir Energy PLC, the English Energy Company with holdings in Russia, has commenced a BVI action over assets worth up to $2bn misappropriated by Sibneft. July 18, 2005. More

• Sibir Energy and Moscow Oil and Gas Company ("MOGC") Join Forces to Recover Misappropriated Assets from Abramovich's Sibneft.
  Henry Cameron, CEO of Sibir Energy Plc, and Evgeny Savostianov, First Vice President of MOGC, said today at a Moscow news conference that they have joined forces to fight Sibneft, the Russian major oil company owned by Roman Abramovich. "Sibneft will be forced to hand back the Yugraneft assets which were misappropriated. MOGC and Sibir have lost an oilfield, the value of which could be as much as $1.5 billion," said Cameron. June 30, 2005. More | Press Coverage (PDF)

• Breakthrough Business Alliance to Provide Millions of Russian and CIS Consumers with Rostik's and KFC Products Under One Roof.
  Rostik Restaurants Ltd to invest up to $100 million to create leading quick service restaurant business in Russia and the CIS; Yum! Brands to provide financing in form of loans and guarantees for portion of development. June 24, 2005. More | Press Coverage (PDF)

• "IXth Annual Equity Conference: Post Transition Russia — Risks And Rewards".
  Speech by Stephen Jennings, CEO, Renaissance Capital at the IXth Annual Equity Conference. June 20-22, 2005. More

• WNISEF Management Announces the Creation of Horizon Capital, a Private Equity Fund Manager.
  Today, during a round table discussion titled "The Prospects of Development of Private Equity in Ukraine" attended by key representatives of the business community, international financial institutions, research centers and journalists, Natalie Jaresko, President and Chief Executive Officer of Western NIS Enterprise Fund (WNISEF), announced the creation of Horizon Capital, a private equity fund manager, and plans to raise a second private equity fund. June 08, 2005. More | Press Coverage (PDF)

• "Investing in the Best of Ukraine and Moldova".
  Read arcticle by Natalie A. Jaresko, Western NIS Enterprise Fund, President and CEO. Open (PDF).

• MacArthur Foundation Provides $21.6 Million in Grants to Public and Private Universities in Russia.
  Funds To Help Russian Higher Educational Institutions Build Long-Term Capacity For Scholarly Research And Analysis. June 03, 2005. More | Press Coverage (PDF)

• Latvian Government Meets With Representatives of Foreign
  Investors.
  The Government of Latvia and the High Council representatives of the Foreign Investors Council in Latvia (FICIL) held a meeting on 1-2 June. June 03, 2005. More

• 200 Highest Court Judges from 50 Countries to Meet in Kyiv to Discuss Judicial Independence and Accountability.
  Two hundred Senior Justices from Supreme, Constitutional, and Commercial Courts in more than 50 countries worldwide will convene in Kyiv, Ukraine on May 25-27 for the 13th Annual International Judicial Conference ("IJC"), Frederick P. Furth of the Furth Family Foundation of San Francisco, California announced today. The conference will focus on the role of the judiciary in democratic elections, as well as its continuing themes of ensuring judicial independence and the rule of law. May 25, 2005. More | Press Coverage (PDF)

• Why is There Sticker Shock at The Nation's Supermarkets? By Pam Slater For Knight Ridder News Services.
  If you shopped at a supermarket last month, you probably experienced severe sticker shock. Prices for many items on the family dinner table continued to climb in 2004. Since 2003, butter prices have increased by 28 percent and milk is up 8 percent. One restaurant chain estimates that wholesale chicken prices are up 17 percent this year, while beef, cheese, fruit and many other foods are also more expensive. Food inflation is expected to increase by 3 percent to 4 percent in 2005. January 10, 2005. More

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