Swedish satellite data provider prefers GLONASS to GPS
Sweden’s Swepos became the first foreign company to use Russia’s GLONASS positioning technology, due to Swepos’ conviction that it is better than GPS at northern latitudes, reported Reuters.
International
FSB proposed banning Skype, Gmail, and Hotmail — then recanted
Federal Security Service (FSB) senior official Alexander Andreyechkin complained last Friday during a government meeting that “the uncontrollable use of Gmail, Hotmail, and Skype [in particular] could lead to a major threat to Russia’s security.” FSB is “more and more concerned about these services using foreign-made cryptographic means” that Russia’s security services cannot access, he added.
Dutch fund buys leading digital TV equipment distributor
First Satellite Company, Russia’s leading distributor and retailer of digital TV equipment, announced last week that it has been acquired by Dutch fund Enterprise Emerging Markets Fund B.V.
Sweden’s Tele2 struggling for its piece of Russian 4G
Tele2 board member Mia Brunell Livfors met with Russian Communications and Mass Media Minister Igor Shchegolev during a Russo-Swedish meeting on bilateral commercial relations held in Stockholm in late March, reported Vedomosti, a Russian business daily.
Microsoft offers grant to antipiracy startup
Pirate Pay, a startup from Perm, and Ajatix, another one from Volgograd, have both received grant funding from the Microsoft Seed Finance Fund. The fund aims to provide direct financial support to startups in the areas of software and SaaS services. The fund was created in November 2010 in partnership with Skolkovo, the state sponsored …
Cisco announces its first Russian-made product
Cisco has announced its first product to be manufactured in Russia: an innovative hardware VPN module that will be produced via a multi-level high-tech supply chain using Cisco’s Russian partners. This production launch is presented as the result of the long-term commitment Cisco made last June to help sustainably develop technological innovation in Russia.
Euroset promises to pay dividends after IPO
Euroset Holding NV, parent company of Euroset Group, has promised to pay dividends in 2012 that range from 45% to 75% of the consolidated net income of the preceding fiscal year, as stated in the preliminary prospectus for the IPO of Euroset Holding.
Russian online hotel booking system raises funds from Western and Russian VCs
Oktogo.ru, a Russian online hotel reservation company with its headquarters in St. Petersburg, is closing a $5 million round of financing with Western funds Ventech and Mangrove Capital Partners and Russian fund ABRT. The two Western funds confirmed the transaction to EWDN but did not disclose the startup’s valuation.
Swedish investor has “real romance” with Russian classifieds site
Swedish investment company Vostok Nafta Investment called Avito.ru, its online-classified-ads affiliate company in Russia, the “real romance” of its portfolio in 2011. Vostok Nafta, which owns 25.8% of Avito, claims in its annual report that the site established itself as “the number one online classifieds operator in Russia” following the “explosion” of its traffic since …
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E-mail marketing in Russia – The birth of a market
Three years ago, when I began executing e-mail marketing campaigns for companies in Moscow, most of my clients called a newsletter a “spam letter.” The situation was that desperate! Since then, Russia has become more technologically savvy, and my clients wield with ease such concepts and terms as transactional e-mail, click-to-open rate, deliverability, and many …
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New powerful players enter online footwear market
Russia’s online footwear market, which only a year ago almost resembled a desert, is witnessing rapid transformation following the initiatives of a number of major players. This market was recently estimated to have a potential of at least €100 – 150 million.
Best Way To Get Ex Boyfriend Back
VimpelCom CEO Alexander Izosimov announced last we Best Way To Get Ex Boyfriend Back ek that operations in Vietnam would resume in the forthcoming months. VimpelCom, a leading Russian mobile operator, agreed in 2008 to create a joint venture with Vietnamese state corporation Global Telecommunications Corporation (GTel) and its subsidiary GTel TSC.
