Finish oil giant Neste is looking to sell its oil & gas stations in Poland, allegedly tired of  difficult conditions on the Polish market, the Polish economic daily Puls Biznesu reported July 25, 2012. ...

Polish joint venture investment fund Life Fund will be launched September 2012 by National Capital Fund (KFK), DGA consultancy company and Jagiellonian Innovation Centre (JCI), to invest in life sciences such as biotechnology, biomedicine, biochemistry, biophysics and environmental protection, the three partners announced June 25, 2012. ...

Sberbank, one of Russia?s top three state banks, brought Turkish Denizbank, with its subsidiaries in Russia and Austria for USD 3.5 bln, sealing the deal on June 8, 2012 in Istanbul. ...

The finalized merger between two Polish IT services providers--UPC and Aster--considerably contributed to visibly better financial results of the UPC group, Polish daily Rzeczpospolita wrote May 13.    ...

Polish banks BZ WBK and Kredyt Bank signed merger papers and applied to Polish competition regulator for consent to merge, the Polish daily Rzeczpospolita wrote May 13. ...

BZ WBK announced that the bank intends to carry out a merger with competitor Kredyt Bank in the second quarter of 2012. ...

Alisher Usmanov, one of Russia's richest oligarchs, plans to add Scartel, the broadband internet provider which operates under the brand name Yota, into his telecommunications empire, Megafon. ...

One of Poland's largest minimarket chains, Polomarket, has decided to accept a new shareholder in its ranks - the private equity fund Argus Capital, Polish daily Rzeczpospolita wrote Tuesday. The market has speculated about Polomarket looking for an investor but until most recently the rumor had it that the chain would merge with Emperia. The four current shareholders changed their minds and instead have we ...

Electronic payment system Paypal, will enter the Russian market in a strategic alliance with the Russian postal service.  ...

Polish company Central European Distribution Corporation (CEDC), one of the world's largest vodka producers, may sell some 25 percent of its assets to Russian businessman, Rustam Tariko, owner of the Russian Standard Vodka brand. ...