Tech
Russian state banks buy into e-commerce with Sber and Ozon deal next
Sberbank negotiates purchase of Ozon stake, after VTB and fellow e-commerce platform Wildberries confirm partnership deal.
BC Partners faces legal challenge over United Media sale
United Group founder and former CEO have launched legal proceedings against private equity firm BC Partners, seeking to block the planned sale of United's Southeast European media assets.
Argentina unveils ‘Super RIGI’ bill to attract billion-dollar technology investments
Argentina's government has sent to Congress a new investment incentive bill dubbed "Super RIGI", targeting projects worth at least $1bn in sectors including artificial intelligence, semiconductors and advanced biotechnology.
Russia’s state VTB Bank and e-commerce major Wildberries said to approach deal
Russia’s second-largest state-controlled bank VTB has reportedly agreed on the main terms of a strategic partnership with Wildberries.
India as a rising pharmaceutical power
India’s ace in the hole is mainly generic drug manufacturing, a sub-sector of pharmaceutical manufacturing where it holds over 20% of the market by volume. This translates into manufacturing for over 60,000 brands in 60 distinct categories.
Self-driving Turkish bus hit from behind one hour after its public transport launch in Sweden
Smash-up involved an e-ATAK, the first full length autonomous bus in the world, and a tram.
Tau Scaling Law: China on course for 1.4nm microchip breakthrough
China’s tech holding Huawei is rewriting the rules of chip design. A new scaling law unveiled in Shanghai this week proposes replacing half a century of semiconductor orthodoxy with a fundamentally different approach.
Uzbekistan’s tech ambitions moving to “next big step” says Global Tech Weekend co-founder
Country seen as quickly emerging as one of the most promising and dynamic technology markets in the region.
Bulgaria’s TBS eyes €42mn acquisitions across UK, Sweden, Romania
Telelink Business Services' supervisory board has approved plans to acquire majority stakes in five ICT companies in the UK, Sweden and Romania, with total consideration of up to €42.3mn.
Taiwan to manufacture 100,000 drones monthly by 2030
Taiwan projects its drone industry will expand massively to manufacture 100,000 units per month by 2030 and export half of them, the Ministry of Economic Affairs announced on May 21.
Poland's cyber_Folks and Shoper to merge in €1bn e-commerce tech push
Polish IT firms cyber_Folks and Shoper announced plans to join forces, strengthening their position as the leading e-commerce technology provider in CEE. The combined entity's market capitalisation is seen at around €1bn.
Kyrgyzstan’s security service set to get expanded surveillance mandate
Use of facial recognition to be legalised.
Ukraine tests balloon-launched drone system to extend strike range
Ukraine has tested a balloon-assisted launch system designed to greatly extend the operational range of its intermediate range attack drones and improve its strike capabilities against Russian targets.
Autonomous trucks clock 250,000 km a week on Russian highways
Autonomous freight trucks are travelling around 250,000 kilometres each week on Russian federal highways, according to Alexey Raikevich, chief executive of JSC GLONASS, as Moscow accelerates plans to expand driverless logistics operations.
Russian medtech market up 21% to $0.7bn in 2025
Since foreign players pulled out of Russia after the full-scale invasion of Ukraine, the domestic pharma sector expanded rapidly and gave rise to five new billionaires.
Autonomous trucks clock 250,000 km a week on Russian highways
Autonomous freight trucks are travelling around 250,000 kilometres each week on Russian federal highways, according to Alexey Raikevich, chief executive of JSC GLONASS, as Moscow accelerates plans to expand driverless logistics operations.
Baltic deep tech outpaces the US, EU, and Nordics, driven by energy, robotics, and defence
The combined enterprise value of Baltic deep tech firms climbed from €2.6bn in 2021 to €7.5bn in 2025, a 2.88-fold increase unmatched elsewhere in Europe.
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French AI giant acquires startup co-founded by Latvian entrepreneur
French artificial intelligence company Mistral AI has agreed to acquire Austrian startup Emmi AI, an industrial engineering technology firm co-founded by Latvian entrepreneur Miks Miksons.
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Israel's Decart secures $300mn in funding following Nvidia and Amazon deals
Israeli AI company Decart has raised $300mn in a new funding round less than a year after its previous raise, lifting its valuation to $4bn.
Iraqi SIM card trade emerges in Iran's western border regions
A market for Iraqi SIM cards has emerged in towns along Iran's western border as internet restrictions push traders and residents towards foreign mobile networks to reach messaging apps blocked inside the country.