Oleg Kouzbit

Oleg Kouzbit is Managing Editor at Marchmont News, a bilingual resource dedicated to innovation across Russian regions. He regularly contributes articles to East-West Digital News.

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Russian TV gear maker acquires Portuguese IT assets, eyes new markets

April 3, 2014

GS Group, a St. Petersburg-based industrial holding with vested interests in telecommunications, has bought into Novabase, the leading IT player in Portugal, and is paving the way for a major expansion in Western Europe and Africa. The sizable Russian manufacturer of TV receivers and software for TV operators announced earlier this week that it had …

Russian TV gear maker acquires Portuguese IT assets, eyes new markets Read More

Vobis Computer rolls out homegrown Russian budget smartphone

March 19, 2014

Vobis Computer, a sizable Russian supplier and vendor of Chinese-assembled smartphones, satellite navigation systems and software operating under the Highscreen local trademark, has announced its first solo as an independent smartphone manufacturer. Six months ago Vobis unveiled its Highscreen Boost 2, with record-long battery life. This month the developer, now based in Moscow and Hong …

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Russo-Finnish consortium halts Siberian LTE equipment manufacturing

March 17, 2014

Rusnano, Russia’s nanotech giant, Tomsk-based Micran, a major electronics manufacturer, and Finland’s Nokia Solutions and Networks (NSN) are shutting down Wireless Technology Center (WTC), their joint LTE base station facility in Tomsk. Russian media have offered the lack of legal endorsement by national regulators as an explanation for the move. A year ago WTC equipment …

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Moscow’s ‘Phystech’ sets up IT cluster with help of high-profile alumni

March 12, 2014

The Phystech IT Cluster was established in Russia last week in a multiple-partner effort led by the Moscow Institute of Physics and Technology (MIPT), a leading Russian research university popularly nicknamed “Phystech.” The new nonprofit partnership is expected to develop and implement advanced educational programs in computer science and software engineering and promote large-scale IT …

Moscow’s ‘Phystech’ sets up IT cluster with help of high-profile alumni Read More

International vendors still dominated Russia’s CRM software market in 2012

March 12, 2014

CRM developers’ sales grew 17% in dollar terms in the Russian market in 2012, Cnews.ru reported earlier this month, citing the results of an IDC study not yet publicly released. IDC, a global provider of market intelligence, advisory services and events for the IT, telecom and consumer technology markets, has not yet analyzed data for …

International vendors still dominated Russia’s CRM software market in 2012 Read More

Russia number one target for global mobile malware in 2013; consumer finances most at risk

March 5, 2014

Russian mobile users suffered most from malware attacks last year, according to the most recent global mobile threat landscape analysis conducted by Kaspersky Lab, the leading Russian IT security company. With 40% of all of its unique mobile users attacked last year, Russia far outpaced India (8%), Vietnam (4%), Ukraine (4%) and the United Kingdom …

Russia number one target for global mobile malware in 2013; consumer finances most at risk Read More

Russian startup raises $500,000 for its talking robot, considers sales in English-speaking countries

March 4, 2014

Cubic Robotics, a Russian startup developing robots that can communicate with their owners, has raised $500,000 in its second round of funding from a private investor, the Russian news agency RIA Novosti reported last week. The financial injection came from Konstantin Senchenko, a Russian businessman who earlier helped the startup with $100,000 in seed capital. …

Russian startup raises $500,000 for its talking robot, considers sales in English-speaking countries Read More

National payment operator Rostelecom to launch new electronic currency

March 3, 2014

Rostelecom is developing its own payment service, two unspecified sources within the telecom operator have told the Russian business daily Vedomosti. Rostelecom Payment System, an interim name for the future product, is expected to start operation in the fourth quarter of this year. Andrey Polyakov, an official spokesman for the operator, confirmed the news, saying …

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Government fund RVC supports tech entrepreneurship in West Urals

February 25, 2014

The RVC Infrafund has teamed up with a group of yet-undisclosed private investors to jointly finance the setup of the Digital Port Tech Entrepreneurship Center in the city of Perm in the West Urals. The 2000-sq. meter facility is expected to offer young local innovative teams and startups both office space and a range of …

Government fund RVC supports tech entrepreneurship in West Urals Read More

Renova takes over Italo-British insurance telematics service provider

February 13, 2014

Last week Renova, a Russian group owned by billionaire Viktor Vekselberg – who also heads the Skolkovo Foundation – announced the acquisition of Octo Telematics, a leading Italo-British provider of insurance telematics services (also known as ‘smart insurance’). Renova Group has acquired 100% of the company from existing shareholders, which include Montezemolo & Partners, an …

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Da Vinci acquires majority stake in online broker ITinvest

February 11, 2014

Last week Da Vinci Private Equity Fund II, a Russian investment fund focused on financial infrastructure in Russia and the former Soviet Union, announced it had acquired a 63% stake in ITinvest, a major Russian online broker established in 2000. The amount of the transaction has not been disclosed, but Vladimir Kochetkov, the president of Finam, a sizable …

Da Vinci acquires majority stake in online broker ITinvest Read More

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