Rostelecom, Russia’s national telecommunications operator, intends to invest $15.3 million in the development of telecommunications networks in Tomsk region in 2011, up 34.4% from 2010, news agency RIA Novosti reports.
Pskov expects to have its first business incubator for young entrepreneurs completed and launched this May, RIA Novosti reported, citing incubator director Dmitry Mikhailov.
Tomsk Control Systems and Radio Electronics University (TUSUR) has plans to commission by late 2011 – early 2012 at the latest the city’s new fully equipped $17.5 million technology business incubator, RIA Novosti reports.
Authorities in the Republic of Bashkortostan have approved a $52 million long-term innovation program to run till 2015, regional officials report. Of the total funding, $17 million is reportedly to be allocated from budgets, and $35 million is to be raised from non-budgetary sources.
WiMax broadband Internet provider Scartel, working under Yota brand, intends to invest $17.5 million in development of 4G mobile network in Perm region, regional officials report.
Russian Electronics has announced plans to invest $228 million building a plant to produce light-diode lamps in Tomsk region. The plant is reportedly to be located in Tomsk special economic zone (SEZ). Construction of the plant is scheduled to start in May 2011 and last 1.5 years.
Sberbank and VTB bank have been announced the winners of an open tender, held by the interregional telecom operator North-Western Telecom, for loan contracts worth a total of $528 million, the company reports.
Authorities in the Republic of Bashkortostan have announced an open auction to sell 60.46% shares in Ufa-based telecommunications systems manufacturer BETO at starting price of $13.7 million. The participants bids are accepted before April 4, and the auction is scheduled to be held on April 8, 2011.
Authorities in Tomsk region have announced plans to allocate $40 million from the regional budget to support innovation sector in 2011. Under plans, the funds are to be used to support start-ups, as well as to finance guarantee, pledge and venture funds.
Authorities in the Republic of Chuvashia have announced plans to allocate $63 million to finance a profession education system development program. Under the program, the funds are to be used to set up a chain of modern centers to train professional specialists for high-tech innovation businesses.
South Telecommunications Company (STC) has announced plans to invest $21.2 million in network development in Stavropol region in 2011, up 26.5% on 2010.
Mobile operator MTS has announced plans to invest $3.4 million in network development in the Megino-Kangalassky Ulus in the Republic of Yakutia in 2011.
