The coming age of Russian innovation: tech culture takes root in the regions

February 20, 2011

In today’s Russia, there’s a growing critical mass of different individual catalysts that are themselves initiating new innovation-stimulating projects. Many of these are emanating from Moscow out to the regions. Look at the project GreenField, look at StartUp Point or Start in Garage. There’s a lot of new types of people that are emerging, who …

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Russian state agencies to go paperless in a year

February 18, 2011

Russian Prime Minister Vladimir Putin has ordered that federal agencies be provided with digital signature technology by June 2011 and that they begin using an electronic document management (EDM) system in January 2012.

Elle.ru launches online shop

February 18, 2011

The Russian edition of Elle magazine has launched a full-fledged online store. Instead of using affiliated stores, Elle.ru allows users to stay on the site to complete their orders and make payment. A call center provides online shoppers with assistance.

Skolkovo Prize attracts thousands of innovative ideas

February 18, 2011

The Skolkovo Innovation Prize contest received 2,318 submissions from a total of 10,681 participants. The contest, conducted in partnership with Cisco, is designed to attract talented inventors to Skolkovo, the state-sponsored innovation hub under construction near Moscow.

Cisco to develop “Virtual Skolkovo” in follow-up MOU with Skolkovo Foundation

February 17, 2011

Cisco and the Skolkovo Foundation today unveiled further details of joint efforts under the Skolkovo Project plans to develop a “Virtual Skolkovo”.  Based on the proposal from the Cisco Internet Business Solutions Group (IBSG), Virtual Skolkovo will be a business innovation ecosystem that pushes the advantages of traditional clustering beyond physical boundaries into the virtual …

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Softline invests in social commerce

February 17, 2011

Softline Venture Partners, a fund owned by Softline, a leader on the Russian software licensing market, has invested an additional $500,000 in Emegamall to take a controlling stake in the company. The transaction was based on a valuation of $2 million, reports Oborot.ru, a specialized online resource.

SAP Russia is most successful subsidiary in 2010

February 16, 2011

SAP recognized SAP Russia as its most successful subsidiary in 2010, with the 5th highest contribution to the overall corporate revenue of all its divisions, reports Vedomosti, a Russian business daily.

MTS to further develop 3G in Bashkortostan

February 16, 2011

The Bashkir subsidiary of MTS, a leading Russian mobile operator, has agreed with the Bashkir government to invest over 2 billion rubles ($67 million) in developing its network in Bashkortostan between now and the end of 2012.

US Department of State to tweet in Russian

February 16, 2011

In a speech dedicated to Internet freedom in the world, US Secretary of State Hillary Clinton announced yesterday that the Department of State would open Twitter accounts in several new languages, including Russian.

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