Russia’s Federal Security Service has seized 20 tons of black market smartphones at the Pulkovo Airport in St Petersburg — an amount retailers said represented up to 30 percent of the city’s total smartphone sales in December, the Vedomosti newspaper reported Friday. The cargo — including 15,000 Lenovo A560 phones and 35,000 of Apple’s iPhones …
20 tons of black market smartphones seized at St. Petersburg airport Read More
According to industry publication Telecom Daily, the Rosenergoatom power company is building what will be the largest data center in Russia — and they’re plopping it right on top of the Kalinin power station. Located about 120 miles northwest of Moscow, the station will provide the 80 MW that engineers estimate will be needed to power the data …
Russia’s biggest data center will be nuclear powered Read More
Headed by two American expats, Radius Group designs, builds, finances and operates warehouse and manufacturing real-estate in Russia. The company is responsible for some of the largest warehouse projects in the country, as exemplified by the deal signed with Leroy Merlin this past February to build a giant omnichannel distribution center on the outskirts of Moscow. …
The company that provides free wireless Internet on the Moscow metro has asked law-enforcement agencies to look into users’ complaints that they were being redirected to a page with threats of terror attacks in the Russian capital when trying to use the Wi-Fi service, the TASS news agency reported Tuesday. Some subway passengers trying to …
Moscow metro Wi-Fi provider requests investigation into alleged terror threats Read More
This past summer payment operator QIWI and mobile taxi booking service Сitymobil invested $500,000 in Today Delivery, a crowdsourced e-commerce delivery company. The deal has just been revealed by Russian startup blog Firrma.ru. The startup was valued at several million US dollars, a Today Delivery representative told Firrma.ru, without disclosing further details. Today Delivery presents itself as analogue of UberRUSH: “The …
Qiwi and Citymobil invest $500,000 in delivery service Today Delivery Read More
Kendrick White, director of Marchmont Capital Partners, an investment advisory firm, has worked in Russia for 22 years. In 2013, the US businessman was appointed vice rector for innovation policy at the Lobachevsky State University of Nizhny Novgorod (UNN), a position for which he was suddenly dismissed in June 2015. White now helps Russian inventors find common ground with …
Transnovatsia, a Russian IT developer based in Kazan, the innovation-friendly capital of Tatarstan, some 800 km east of Moscow, has begun its Latin American expansion. The start-up has received a $40,000 grant from Startup Chile’s accelerator program and is putting together a pilot project in Santiago, reported the Skolkovo Foundation and Russian tech blog Firrma. “The Latin American market appears very interesting to …
Startup Chile woos Russian startups for development across Latin America Read More
Lituanian startup Trafi has launched its public transport app in four Russian cities — Moscow, Saint Petersburg, Rostov-upon-Don in southern Russia and Chelyabinsk in the Urals. The mobile app is designed to help users plan and optimize journeys, while cities may avoid congestion and make commuting faster. “Our combination of scientific algorithms, real time processing of traffic situations and crowd-sourced reports allows …
Lituanian startup Trafi spends $1 million to enter Russian market Read More
iDealMachine, a venture fund and startup accelerator hosted by ITMO, a major university in St. Petersburg, was ranked third among 330 university business accelerators from 64 countries, according to UBI Global. The awarding ceremony took place on October 27 in Turin, Italy. Based in Stockholm, UBI Global presents itself as a “thought leader in performance analysis of business incubation around …
St. Petersburg’s iDealMachine ranked third among world’s university accelerators Read More
A new system uniting IT and medicine is taking its first steps into the Russian market. Billed as digital health, its aims are to help people save money on treatment, to accelerate medical services, and to make those services accessible to people living in the remote regions of Russia’s eleven time zones. Entrepreneurs believe this …
Digital connections provide top-tier healthcare to Russian villages Read More
Bold enough to compete with the mapping services of Yandex and Google, 2GIS, a Novisibirsk, Siberia-based company, has raised $40 million from two major investment funds, Baring Vostok Capital Partners and Ru-Net. Launched in 1999 and now developing across three continents, 2GIS (pronounce “double giss”) is one of the least known but most remarkable Russian technological firms. The …
Earlier this month in San Jose, California, Maxima Telecom’s WiFi network in the Moscow subway was honored at the WBA Wi-Fi Industry Awards as the “Best Wi-Fi Deployment in a City or Public Area.” Task complexity and scale, the approach to monetization, service quality, and market impact were among the jury’s key criteria. Open to the whole industry, …
