The Russian stock market came of age when RosBusinessConsulting (RBC) floated a 16% stake on the Russian Trading System to raise investment capital. The amount of money involved was tiny and the company is small by international standards but the IPO in April was a landmark in Russia’s development towards a market-based economy.
RBC is Russia’s leading online media and IT company. It provides real-time online stock market quotes for banks and brokerages as well as running the only dedicated Russian-language financial newswire service.
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