- Moscow, Russia
- Year of initial investments:
- Minority stake
1С company was founded in 1991 and focuses on software development, distribution, publishing and support services. “1С” has a wide partner network of more than 10,000 partners in 600 cities of 25 countries including more than 6,700 companies in “1C: Franchising” network. Most well-known 1C software products are “1C: Enterprise” platform, desktop and educational products. “1C” is an official distributor of more than 100 software vendors.
“1C: Enterprise” software products are widely used on several millions workplaces for improving the efficiency of accounting and management in commercial and government sectors in Russia, Ukraine, Kazakhstan, Belorussia and several other countries.
A consortium of Vostok New Ventures and Baring Vostok has acquired a 9.1% stake in the transport and logistics operator Monopoliya.
MOSCOW AND THE HAGUE, July 31, 2012, Yandex (NASDAQ: YNDX), the leading internet company in Russia operating the country’s most popular search engine and most visited website, today announced its unaudited financial results for the quarter ended June 30, 2012.