Tech

MOL teams up with InoBat on hydrogen fuel cell development

bne IntelliNews May 20, 2019

The Hungarian company is pursuing alternative investments in line with its long-term strategy as it seeks to decrease dependence on its core business.

Iran erecting native firewall amid fears of intensified Israeli, US cyberwarfare

bne IntelliNews May 17, 2019

Since the Stuxnet virus wrought havoc at its Natanz nuclear site, Iranian university scientists have stepped up efforts to protect industry and infrastructure.

Facebook bans ads of Hungarian government-friendly media conglomerate

bne IntelliNews May 16, 2019

Mediaworks, which is closely aligned with the ruling conservative Fidesz, says there are "political and ideological reasons" for the decision.

Hyundai signs €80mn partnership deal with Croatia's Rimac Automobili

bne IntelliNews May 14, 2019

Rimac has grabbed the attention of international carmakers as the industry focus shifts towards electric vehicles.

Falling smartphone sales drag down home electronics sector in Romania

Iulian Ernst in Bucharest May 9, 2019

Sales of electro-IT goods down 1.7% in 1Q19, finds GfK study, despite "crazy growth" of phablet sales as Romanians switch to larger-screen mobile devices.

Yaskawa opens €25mn robot factory in Slovenia

bne IntelliNews May 7, 2019

Japanese tech group set up robot factory and development centre to meet sharply rising European demand for industrial robots as labour market squeeze deepens.

Moscow aims to become a top three global startup venue by 2030

bne IntelliNews May 2, 2019

Moscow is moving up the global rankings for cities that welcome startups and aims to enter the top three by 2030, according to Alexey Parabuchev, general director of Moscow’s Agency of Innovations.

Russian stoligarch Rotenberg, defence conglomerate and satellite navigation operator team up to create nationwide IoT network

EWDN in Moscow May 2, 2019

GLONASS-TM, a company launched in early 2018, intends to deploy an Internet-of-Things (IoT) network across Russia as part as a “government assignment”

UiPath raises $568mn in new funding round sending valuation to $7bn

bne IntelliNews May 1, 2019

Bucharest-born tech unicorn brings in new investors in funding round led by hedge fund Coatue that makes it one of the world's most valuable AI enterprise software companies.

Russia’s tiny, but growing venture capital market reached $714mn in 2018

EWDN in Moscow May 1, 2019

Russia's VC market grew by half in 2018 to reach $714mn as funds play a bigger role and invest three times more on average than in 2017

One year after ban, Telegram still accessible from Russia with growing audience

EWDN in Moscow May 1, 2019

One year after Russian authorities decided to block it, the instant messenger Telegram continues to be widely accessible from Russia, reports East-West Digital News (EWDN).

Russian stoligarch Rotenberg, defence conglomerate and satellite navigation operator team up to create nationwide IoT network

EWDN in Moscow May 1, 2019

GLONASS-TM, a company launched in early 2018, intends to deploy an Internet-of-Things (IoT) network across Russia as part as a “government assignment”

Wildberries leads the top 50 Russian e-commerce online stores ranked by revenues in 2018

Adrien Henni in Moscow for East West Digital News May 1, 2019

Fashion e-commerce retailer Wildberries was Russia’s biggest e-commerce online store in 2018 according to a new ranking by revenues from Data Insight, reports East-West Digital News (EWDN).

Samsung Electronics says rumours of impending departure from Iran are false

bne IntelliNews April 25, 2019

In message to Iranian tech websites company says it “highly values its family of fans and consumers” in the country.

Russian retailer O’key reportedly eyed by Yandex.Market online marketplace

bne IntelliNews April 23, 2019

Struggling mid-cap retailer O’key could be in part acquired by Yandex.Market online marketplace, a joint venture between Russia’s largest bank Sberbank and most valuable digital company Yandex.

Facebook and Twitter given nine more months to comply with Russian data-localisation law

EWDN in Moscow April 23, 2019

Russian telecom and Internet regulator Roskomnadzor extends deadline extended for social media giants to move Russian users’ data onto servers located physically on Russia soil.

MTS launches corporate fund to invest $15mn in startups

EWDN in Moscow April 23, 2019

Fund launched by Mobile TeleSystems, one of Russia’s main mobile operators, will target startups across Russia and neighbouring countries.

Steel magnate Alexey Mordashov buys a Moscow startup that helps people adopt healthier lifestyles

EWDN in Moscow April 23, 2019

Severgroup, a group of companies controlled by steel magnate Alexey Mordashov, has acquired GetLean, a Moscow-based startup providing courses on healthier food and lifestyle.

Dismiss