In 2014, according to a new report by international market research company PMR, the Russian market of commercial data center services reached 11.7 billion rubles (approximately $303 million at the average 2014 exchange rate), up 20.4% from the previous year. Development forecasts for the next few years remain positive. Organic growth is driven by the rapid development of …
Trivon AG, the Switzerland-based company which does business through its subsidiaries under the Virgin Connect brand in Russia, has acquired 75% of Speedyline, a triple-play operator operating in the Moscow region. Trivon has also got the option for the further purchase of the remaining 25%. The deal was completed in December, but announced only last week. …
Richard Branson’s Virgin Connect buys Moscow region broadband triple-play operator Read More
Social media business will be highlighted in Moscow on March 12-14 at the Social Networking Congress & Expo (SNCE), a two-day conference and exhibition that gathers each year the representatives of the Russian social media community. The main topics of this year’s edition will be social media marketing, social business app development; social media monitoring …
Hot social media topics to be highlighted at Moscow conference and exhibition Read More
Whenever you spot someone on the Moscow metro taking a photo with their mobile phone, chances are you have just witnessed a combination of two things that are widely popular in the Russian capital. Transporting an unparalleled 9 million weekday commuters on its 12 lines, Moscow’s metro boasts a number of stations that wouldn’t look out of place as side wings of the Palace of Versailles.
This year, the annual Online Retail Russia conference will be held on November 27-28 at the Skolkovo Business School. With its unique format and content, this forum is designed for networking and the exchange of information between key market players. The event will be a mix of informative presentations, business contacts and informal networking for …
Online Retail Russia 2014: Senior e-commerce management to meet in Skolkovo on Nov. 27-28 Read More
Last week, Moscow hosted the third edition of “Open Innovations,” a huge, internationally-focused tech forum and exhibition. The event was held at Technopolis Moscow, a large area in the eastern part of the Russian capital dedicated to developing high technology industries. At the site, representatives from more than 50 countries gathered. China was the special …
Chinese premier reveals secrets of innovative growth at Moscow international forum Read More
Moscow Seed Fund, the venture arm of the Moscow city authorities, has announced its latest competition to recruit investors for joint seed and pre-seed stage investment in their projects. The fund is looking for individual investors and companies, both Russian and foreign. As part of its programme, the fund offers concessional loans to innovative projects at …
Everyone knows that people make vodka is Russia, but now they also make Ubisoft games in that country as well. The publisher is opening a new office in Moscow. This new wing of the giant game-making corporation will serve as an outpost to provide region-specific support for Ubisoft’s games in the growing Russian market. It also plans to …
Ubisoft opens Moscow office to serve growing Russian gaming community Read More
UberX, the budget version of US-based taxi-hailing service Uber, has arrived in Moscow. Residents of the Russian capital can now travel in an UberX vehicle for just $0.15 per minute / per km, in addition to an initial $1.20 charge. This is significantly less than the $0.40 per minute charge + $5 initial charge to use …
Global professionals and executives across a wide variety of industries are set to meet in Moscow to discuss the latest topics in the burgeoning Big Data segment. The Big Data Russia event will take place on September 19 at the historical Central Telegraph building in the center of Moscow. International participants will focus on exploring …
Moscow-based company T8 Publishing Technologies is planning to invest no less than 6 billion rubles (approximately $170 million) in an ambitious print-on-demand project, the Moscow authorities announced last week. The company claims it has acquired rare printing equipment that, combined with a special electronic publication platform, enables profitable printing of any quantity of copies – …
The investment arm of QIWI, the Russian payment giant, has injected $700,000 into 12 startups selected for the QIWI Universe acceleration program, hosted by Moscow State University’s business incubator. According to the company’s press release, over 500 applications were received out of which eight pre-seed stage and four more mature projects were chosen. Among the finalists …
Qiwi launches acceleration program and invests in 12 startups Read More
