Vostok Nafta invests outside Russia for first time

14 Aug 2014

This summer Swedish investment company Vostok Nafta, one of the main owners of the leading Russian classified site Avito, invested outside Russia for the first time.

It invested $7.5 million U.S. in Germany’s Quandoo, the fastest growing restaurant reservation platform in the EMEA, and $25 million U.S. in GetTaxi, the world’s second largest taxi app after Uber, which provides transport services

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Lars Herlin

Lars Herlin is an AIM Group senior analyst for Europe, and our expert on Schibsted. He had a long career in journalism at Expressen, Svenska Dagbladet and VeckansAffärer, and served as managing editor and later managing director of Gotlands Allehanda.