Marchmont News

Marchmont News is a bi-lingual news website for the Russian and international business community focusing on a dozen economic sectors across Russia's nine time zones, with special emphasis on industrial modernization and technological innovation in the Russian regions. Marchmont's analytical archive contains more than 17,500 feature stories and news updates. Marchmont readership consists of active business network representatives, with more than 8,700 daily readers. The site is published by Marchmont Capital Partners, Nizhny Novgorod, a 100% owned Russian subsidiary of Florida based Marchmont Capital Partners, LLC. The company offers products and services to meet the unique needs its target audience that includes entrepreneurs seeking business expansion, professional managers, and investors looking for new opportunities on the Russian market. Contact: Oleg Kouzbit, [email protected]

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Intel joins Russia’s ERA-GLONASS crusade for road safety

June 25, 2012

Intel Software, an Intel subsidiary and a new Skolkovo resident, has announced plans to develop an intelligent automotive system supported by ERA-GLONASS-based open software platform services. The endeavor calls for the development of a hardware-software solution integrating ERA-GLONASS, a real-time satellite-based infrastructure service that takes full advantage of Russia’s GLONASS satellite positioning system and was …

Intel joins Russia’s ERA-GLONASS crusade for road safety Read More

AFK Sistema lays out $15 million to buttress Omlet.ru as content startup rebrands

June 11, 2012

AFK Sistema, a Russian LSE-listed holding, announced last week that it has invested in Stream.ru, a paid video content portal formerly known as Omlet.ru. Stream.ru was launched in 2009 by MTS, a Sistema subsidiary and a leading Russian mobile operator. With a reported investment of 496 million rubles ($15 million), Sistema now owns 55% of …

AFK Sistema lays out $15 million to buttress Omlet.ru as content startup rebrands Read More

Skolkovo cements ties with China on Putin’s fast track

June 7, 2012

Skolkovo, the state-sponsored innovation hub now nearing completion near Moscow, is considering opening a rep office in China, reports Seda Pumpyanskaya, Skolkovo’s Vice-president for International Relations and Communications and a participant in the most recent round of talks between the parties. According to the Skolkovo envoy, the potential partners have made “substantial headway in charting …

Skolkovo cements ties with China on Putin’s fast track Read More

Gala Records ends litigation vs. Mail.ru Group

June 1, 2012

Gala Records, Russia’s first private music record label, has withdrawn six legal claims it earlier advanced against Mail.ru Group for alleged rights infringement and instead inked a license agreement with the leading Russian Internet company, the Russian business daily Vedomosti reported on Monday, citing direct exchanges with the two companies’ spokespersons. Under the terms of …

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New industry association to promote satellite geolocation services

May 31, 2012

Aiming to develop Russia’s navigation and information service market, a group of Russian satellite service providers as well as telecom and Internet market players have established an industry association called Assistance in the Development and Use of Navigation Technologies. The initiative was announced earlier this month by national navigation service provider NIS GLONASS, which is …

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Police drop the ball on copyright complaint; culprit remains unidentified

May 30, 2012

In yet another investigative deadlock only too common for cybercrime cases in Russia, Moscow police have suspended what could have become a bellwether inquiry into a copyright infringement offence, Russian business daily Vedomosti reported earlier this week, citing an official police source. A 27-year-old Muscovite has been suspected of having “replicated and disseminated” 18 copyrighted music …

Police drop the ball on copyright complaint; culprit remains unidentified Read More

Russian Orthodox Patriarch joins Facebook

May 18, 2012

Patriarch Kirill of Moscow and All Russia, the head of the Russian Orthodox Church, can now be contacted through his official Facebook page. The page has generated over 3,000 ‘Likes’ three days since it opened on Tuesday, May 15. Visitors can read the Patriarch’s speeches, learn Church-related news, see photos of Kirill and click on …

Russian Orthodox Patriarch joins Facebook Read More

ABBYY and IBM support computational linguistics in Russian universities

May 18, 2012

The Russian State University for the Humanities (RSUH) and the Moscow Institute of Physics and Technology (MIPT) have each announced the opening of a program in computational linguistics. The two programs were developed in close cooperation with ABBYY and IBM, according to ABBYY, a leading Russia-based international supplier of linguistic and translation software and services …

ABBYY and IBM support computational linguistics in Russian universities Read More

Government-sponsored cloud platform offers software, infrastructure and development solutions

May 16, 2012

Rostelecom, the state-owned telecom operator, has completed phase one of “Project 07,” the national cloud computing platform to be fully put together by 2015 as part of the federal Information Society program. The platform, launched in beta version in March under the o7.com domain name, offers cloud-based software, infrastructure and development platform services (SaaS, IaaS …

Government-sponsored cloud platform offers software, infrastructure and development solutions Read More

VimpelCom calls off 3-year Vietnam safari

April 30, 2012

Vimpelcom, a leading Russian mobile operator with a broad international presence, announced last week that it would sell its 49% stake in Vietnam’s GTel Mobile, a JV it had set up in mid-2009 with local Global Telecommunications Corporation. Under the terms of the $45 million deal, the Russian telco is relinquishing operational control of GTel …

VimpelCom calls off 3-year Vietnam safari Read More

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