Tech

Russian petrochemical major Sibur spearheads digital transformation

East West Digital News in Moscow November 12, 2020

Russian petrochemical major Sibur told East-West Digital News it has developed a technology which allows high-precision modelling of physicochemical processes in petrochemical production.

MegaFon invests in fast-growing challenger on Russian online video market

East West Digital News in Moscow November 12, 2020

MegaFon, a major Russian mobile phone operator, is to acquire 33.8% of Digital Media Holding LLC (DMH), the parent company of the Start video service.

Estonia’s Bolt to invest €100mn in rental services in 2021

bne IntelliNews November 12, 2020

Maverick Estonian transport company Bolt announced it will expand its light-duty electric vehicle rental service to 100 European cities and bring 130,000 electric scooters and bicycles to the streets in 2021.

Russian petrochemical major Sibur spearheads digital transformation

East West Digital News in Moscow November 12, 2020

Russian petrochemical major Sibur told East-West Digital News it has developed a technology which allows high-precision modeling of physicochemical processes in petrochemical production.

Russia sharpens knives against cybercrime

East West Digital News in Moscow November 12, 2020

A center for combating cybercrimes, telephone spam and phishing will be created in Russia as part of a government program for the digital economy

Banki.ru founders sell their stake to settle conflict with US investor

East West Digital News in Moscow November 12, 2020

An investor consortium led by Russian private equity firms Elbrus Capital and Winter Capital has acquired 60% of Banki.ru, a leading bank and insurance marketplace.

MegaFon invests in fast-growing challenger on Russian online video market

East West Digital News in Moscow November 12, 2020

MegaFon, a major Russian mobile phone operator, is to acquire 33.8% of Digital Media Holding LLC (DMH), the parent company of the Start video service

Russian sovereign fund RDIF invests in telemedicine platform, targets 100mn potential users

East West Digital News in Moscow November 12, 2020

The Russian Direct Investment Fund (RDIF, Russia’s sovereign wealth fund) is investing in a telemedicine platform developed by Digital Medical Services

Croatia’s Infobip to buy US OpenMarket in $300mn deal

bne IntelliNews November 12, 2020

Through the acquisition of OpenMarket, Infobip aims to create a global leader in the field of cloud communication.

Hungarian court rules against Digi in 5G tender exclusion case

bne IntelliNews November 12, 2020

Budapest Metropolitan Court ruled in favour of the authority when it rejected the application of Romanian-based telecommunication company Digi to register for participation in a 5G spectrum auction in 2019.

Orange to pay €268mn for majority stake in DT’s fixed operations in Romania

bne IntelliNews November 10, 2020

French group Orange, already a major player on Romania's telecom market, will take over Deutsche Telekom’s fixed operations in the country for €268mn.

Estonia seeks observer status on Arctic Council with e-Arctic idea in mind

bne IntelliNews November 9, 2020

Estonia wants to use its experience of creating a digital society to help polar communities adopt efficient and secure digital solutions.

Smart Estonian bus makes rounds in Greece’s Lamia

Linas Jegelevicius in Vilnius November 5, 2020

The self-driving Estonia-made smart bus Iseauto, which last summer served passengers in Tallinn City, has started operating in the Greek city of Lamia.

Romanian tech startup promises to 'change the face of events'

bne IntelliNews November 4, 2020

[FLOW] OS' platform allows offline events to move online without compromising the experience for attendees.

Estonian cleantech startup Skeleton Technologies raises €41.3mn

Linas Jegelevicius in Vilnius November 3, 2020

Skeleton to take on Tesla with superbattery to make electric cars faster to charge and cheaper to run.

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