Forticom, an Estonian company that runs major Lithuanian social net One.lT, has acquired a 70 percent stake in Russian Nasza-Klasa, for $90 million (PLN 200 million), reports Warsaw Business Journal, with some help on deciphering from Quintura. Forticom also owns major stakes in two leading Russian social nets: Odnoklassniki.ru and Vkontakte.ru, which is considered to be a Facebook copycat—in fact it looks just like Facebook.

SEE ALSO: Lithuania’s Forticom Invests In Russian Social Networking Site Odnoklassniki.ru

From Quintura: “In Russia, the Forticom owners is said to hold more than 30% stakes in two leading Russian social networking sites Odnoklassinki.ru and Vkontakte.ru. Odnoklassniki.ru reports more than 18 million registered accounts and 6 million daily users, while the Russian Facebook copycat Vkontakte.ru has over 10 million registered accounts and 4 million daily users. As a result of the deal, the owners of two leading Russian online social networking sites will get access to over 30 million users in Eastern Europe, that is emerging as a major Internet destination in the world.”