Investment Intelligence provides up-to-date private equity information and news designed for entrepreneurs, private equity investors and corporate acquirors interested in Central & Eastern Europe.

Aurora Russia

Aurora Russia Exercises Option to Increase Stake in OSG Records

Posted Mon, 01/02/2010 - 12:11

Aurora Russia has announced an agreement to increase its stake in OSG Records Management Group through conversion of a USD 1 million loan issued in March, 2009. In executing the option to convert the loan to ordinary OSG shares, Aurora will acquire existing shares from OSG as well as new shares to be issued. The total value of the transaction is £12.4 million; £8 million for existing shares, £3.2 million for new shares, and £1.2 million payable in cash to OSG.

Aurora Investment Advisors Announces New Aurora II Fund

Posted Fri, 29/05/2009 - 09:48

As the need for equity financing in Russia continues to increase, Aurora Investment Advisors Ltd. (AIAL) has announced a new Russian-focused fund, Aurora II LP. The Guernsey based limited partnership will be managed by AIAL and will be able to invest in the shares of another AIAL fund, Aurora Russia. Both funds have agreed to maintain co-investment rights.

OSG Records Boosted by USD 1 Million Loan From Aurora

Posted Tue, 24/03/2009 - 01:00

Russian-focused investment firm Aurora Russia Limited has increased its investment in OSG Records Management Group through a convertible loan worth USD 1 million.

Aurora Russia Limted acquires Volzhski Universalny Bank

Posted Tue, 22/04/2008 - 00:00

Aurora Russia Limited acquired 100% of Volzhski Universalny Bank through its wholly owned Cypriot holding company, Flexinvest Limited.

Aurora Russia acquires 24.3% stake in SuperStroy, the largest DIY retailer in the Urals region

Posted Fri, 21/12/2007 - 01:00

Aurora Russia invested GBP 16.1 million (€ 22.3 million) in cash for a 24.3% stake in Grindelia Holdings Limited which owns 99.5% of the retail chain which operates under the brands “SuperStroy” and “StroyArsenal”.

Aurora Russia invests a further GBP 10 million into Kreditmart

Posted Mon, 01/10/2007 - 00:00

Aurora Russia invested a further GBP 10 million (€ 14.4 million) into Kreditmart, to support further growth of the finance company which distributes mortgages, equity release loans and other consumer finance products. Kreditmart is wholly owned by Aurora Russia.