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The biggest national cinema chain Cinema Park has announced today the acquisition of 100% of Rising Star Media shares (operates under the brand name Kinostar de Luxe) from UFG Private Equity, owned by Shari Redstone and Paul Heth. By the end of 2011 Rising Star Media will be fully integrated into the Cinema Park chain. The acquisition was financed by Interros shareholder Vladimir Potanin.
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Topics Cinema Park On September 12, 2010, the Presidential Palace in Nicosia hosted the Fourth Cyprus-Russia Charity Gala. All proceeds went to Radiomarathon Foundation for Children with Special Needs. During the Gala, the president of the Republic of Cyprus Mr. Demetris Christofias awarded Vladimir Potanin with the Golden Olive Branch state diploma in gratitude for his profound and ongoing contribution to the development of cultural relations and the strengthening of the existing friendly relations between Cyprus and Russia.
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Topics Charity