B2B Media is selling E-xecutive.ru, a Russian professional-networking site, to an undisclosed private investor. The deal is not executed yet.

E-xecutive.ru has around 437,000 monthly visitors with a $1 million valuation, according to experts consulted by the Russian daily Kommersant. In 2006, B2B Media acquired E-executive from Ward Howell International for $3 million, estimate these experts.

B2B Media, a trade magazine publisher, also operates AdMarket.ru, an informational and analytics site on advertising, media and marketing. It also operates HR management site HRM.ru. B2B Media itself was sold in 2008 to an undisclosed investment fund by ProfMedia, which also owns Rambler Media.

 

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