Vladivostok

Private-public partnership launches $69 million smart city program in Russia’s Far East

Digital Primorye, a smart city solution provider launched by the Far East High Technology Fund (FEHTF) and VessoLink Group,  is working on some 30 projects to develop digital services and high tech systems in such sectors as transport, public utilities, education, health care, and more..  These projects are taking shape in Primorye, a Far Eastern Russian region that …

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Russians eye two islands for crypto exchanges

While authorities in Moscow are still fine-tuning their revamped crypto legislation, to be presented for public discussions in October, participants in last week’s Eastern Economic Forum in Vladivostok have been busy discussing regulatory matters related to cryptocurrency mining and the circulation of digital coins in the vast country. Several Russian regions have been mentioned multiple …

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Russia and Japan launch joint $1 billion fund to invest in healthcare, industrial and tech projects

Last week at the Eastern Economic Forum in Vladivostok the Russian Direct Investment Fund (RDIF) and Japan Bank for International Cooperation (JBIC) announced the launch of the Russia-Japan Investment Fund (RJIF), after completion of the registration and establishment procedures. The launch follows a Memorandum of Understanding (MoU) signed in late 2016 in which each party …

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Russky Technopark opens in Russia’s Far East as home port for innovations

A new technopark opened its doors in Russia’s Far East port of Vladivostok on Wednesday, with the aim of fostering tech entrepreneurship and startups there with support from the Skolkovo Foundation. The technopark was opened on Russky Island on the first day of the Eastern Economic Forum, which is taking place on the island on September 6-7. …

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Innovating on the Pacific: Skolkovo branch planned for Vladivostok

The Skolkovo Foundation may open a representative office in the Pacific port city of Vladivostok, the head of its space cluster, Sergei Zhukov, was quoted as saying on Wednesday. Asked about the innovation environment in the Far Eastern city of Komsomolsk-on-Amur, where projects from surrounding regions were presented to a Skolkovo expert panel, Zhukov answered: …

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Vladivostok ‘nano-painters’ draw “Putin” and “Mona Lisa”

Scientists at the thin-film laboratory of Vladivostok-based Far Eastern Federal University (FEFU) have mastered the art of making nano-portraits, the Russian media have reported. According to Alexander Samarda, an associate professor of FEFU’s computer systems department, the nano-portraits are created on a 50-nanometer thick polymer film pre-applied to a silicon substrate.

Government-sponsored startup tour to bring innovation expertise to 15 Russian cities

This Monday, a group of select innovation experts and mentors is starting a six-week-long road show through 15 Russian cities – from Rostov-upon-Don, to Astrakhan, to Tomsk, to Vladivostok in the Far East – aiming to meet thousands of local startup entrepreneurs, innovators, and representatives of technoparks. In each city, the program consists of presentations, …

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GVA and Summa to launch Plug and Play accelerators across Russia and CIS

Global Venture Alliance (GVA) and the Summa Group yesterday announced an agreement with leading California accelerator Plug and Play Tech Center to create Plug and Play affiliates across Russia and other former Soviet republics. Following the opening of the first Russian Plug and Play in Moscow last June, new accelerators will be created in Daghestan, …

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VimpelCom acquires Vladivostok-based mobile operator

VimpelCom, a leading international telecom group and Russian mobile operator, signed agreements last week for the acqusition of a 100% stake in New Telephone Company (NTC) from Korea Telecom and Sumitomo Corporation for $420 million, reported Kommersant, a Russian business daily.

VimpelCom last in the running for NTC acquisition

FAS, the Russian anti-monopoly authority, rejected the bids of MTS and MegaFon, two leading Russian mobile operators, to acquire New Telephone Company (NTC), a major mobile, fixed and IP telephony and internet operator based in Vladivostok. As a consequence, VimpelCom, another leading Russian operator, is the only bidder left in the running.

Russian mobile operators battle for South Korean-owned regional operator

MTS, Vimpelcom, Megafon and Tele2, the four leading mobile operators in Russia, have all made bids for KT Corp’s 80 percent stake in New Telephone Company (NTC), a major mobile, fixed and IP telephony and Internet operator based in Vladivostok, reports Vedomosti, a Russian business daily.

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