Eastern EU member states lag in robotisation

bne IntelliNews January 22, 2019

Faced with a growing labour shortage, companies from Central and Eastern Europe are investing into industrial robots, but Eurostat data shows they still lag behind their western peers.

Hungary's central tourism database risks violating EU data protection rules

bne IntelliNews January 22, 2019

Opposition Democratic Coalition claims the government could use its access to data on tourists to spy on its citizens, though this is denied by the National Tourism Agency.

Leading Russian online retailer Ozon to launch a food delivery service

bne IntelliNews January 21, 2019

Ozon launched in the 90s as “the Amazon of Russia”, but since the end of 2017 it has dramatically accelerated its development and begun to move into new niches.

Russian social commerce generates $9bn per annum, 40% of e-merchants' sales

EWDN in Moscow January 18, 2019

No less than 39mn buyers and 22mn sellers – both companies (B2C) and individuals (C2C) – are involved in Russian social commerce, according to a study released last month by Yandex.Checkout and Data Insight

Russia's Gutseriev family opens cryptocurrency exchange in Belarus

bne IntelliNews January 18, 2019

Larnabel Ventures, controlled by Said Gutseriev, the son of Russia's oligarch Mikhail Gutseriev, has launched Belarus' first regulated full-featured trade platform for tokenized exchange assets.