Weak Russian economy torpedoes HeadHunter deal

05 Mar 2015
The planned sale of HeadHunter, Russia's leading online recruitment classifieds platform, is on the rocks due to underperformance in the first quarter of 2015. HeadHunter's financial underperformance forced Elbrus Capital to reconsider the acquisition, and the fund is currently re-evaluating the terms of the purchase. Last November the Russian Internet giant Mail.Ru Group agreed to sell the rec

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Pavel Marceux

Pavel Marceux joined AIM Group in 2014 as a writer focusing on the Russian market. Following his MA at Edinburgh University, he worked in a number of countries, including Turkey and Japan. Pavel has honed his skills and knowledge at several publishing houses and consumer markets research firms. He is an experienced markets analyst, researcher and editor, who values accuracy, professionalism and honesty in his work above all else. His specialist focus is technology, economics and consumer trends. Splitting his lifestyle largely between London and Moscow, Pavel functions on a truly international platform.