French Sendinblue acquires Bulgaria's Metrilo

bne IntelliNews September 21, 2021

As more companies move online in response to the pandemic, Sendinblue bought up companies in Bulgaria, India and the US to expand its offering.

How Kazakhstan shot to number three in the crypto mining industry

Kanat Shaku in Almaty September 20, 2021

Miners who fled Beijing’s crackdowns on electricity sapping operations have come to the attention of regulators that have started introducing their own curbs.

Romanian online retailer Elefant reportedly plans November IPO

Iulian Ernst in Bucharest September 16, 2021

The company failed to capitalise on the e-commerce rally prompted by the coronavirus lockdowns in a market dominated by eMAG.

Sber considers listing digital subsidiaries in a few years

East West Digital News in Moscow September 15, 2021

Sber, the state-controlled financial and digital giant, is considering having some of its digital subsidiaries listed, stated Sber president Herman Gref last week on the sidelines of the Eastern Economic Forum, reiterating previous statements.

Russia’s Yandex beats off the largest DDoS attack in history

bne IntelliNews September 15, 2021

The international listed Russian tech giant Yandex said it beat off the largest distributed denial-of-service (DDoS) hacker attack in the history of the internet.

Western-funded Russian online retailer KupiVIP shuts down after 13-year e-commerce story

Adrien Henni in Moscow for East West Digital News September 15, 2021

On September 1 KupiVIP, once a top Russian fashion site, and its affiliate, wound up their operations September 1, unable to compete with Russia’s new generation of online retail giants, reports East-West Digital News (EWDN).

Russian tech exports up threefold since 2018

East West Digital News in Moscow September 15, 2021

Russia’s earnings from tech exports have jumped more than threefold over the last two years, according to a new report from Moscow’s Higher School of Economics (HSE), reports East-West Digital News (EWDN).

Romanian AI startup Humans raises $9mn

bne IntelliNews September 9, 2021

Funds raised through private sale of cryptocurrency with investment arm of blockchain company Elrond and blockchain investor Razvan Munteanu among the investors.

Iskratel and Ukrtelecom launch €12mn fibre network expansion project in Ukraine

bne IntelliNews September 7, 2021

New three-year partnership between Iskratel and Ukrtelecom will provide more than 300 locations in various Ukrainian regions with gigabit-capable connectivity.

Hacker attacks delay online start of Bulgaria’s 2021 census

bne IntelliNews September 7, 2021

Hackers have targeted the website of the 2021 census since it was launched, and the National Statistics Office said it was prepared for the attacks on the first day of census taking.

EV market may create copper deficit

Dimitri Frolowsckii of Neo September 3, 2021

Auto fleets' shift to electric vehicles in a global drive to cut carbon emissions will involve a drawdown on copper that could transform markets, and spur additional supply.

Western capitals get rapid grocery delivery from Emerging Market firms and founders

Stephen Bierman of NEO September 2, 2021

Competition between ultrafast grocery delivery services is intensifying in Western capitals. Emerging market players are looking set to dominate, while there's a crop of ambitious entrepreneurs all eager to become the next unicorn.

Blockchain to be used to fight rampant match-fixing in Moldova

bne IntelliNews September 1, 2021

Match-fixing is a serious problem in Moldova, where in December 2020 half of the teams in the top football league were revealed to be involved in the practice.

Russian leading health food retailer Vkusvill launches hot meal delivery

bne IntelliNews August 31, 2021

Russian leading health food retailer and foodtech company Vkusvill has announced expanding its delivery of prepared meals with a new project offering hot food delivery. The service is now available via the VkusVill mobile app.

Telekom Srbija launches TS Ventures fund for high-tech startups

bne IntelliNews August 30, 2021

Serbia's first corporate venture capital fund launched by Telekom Srbija to target high-tech startups.

Half of Romanian retail entrepreneurs moved online during the pandemic

bne IntelliNews August 27, 2021

Survey shows the trend of creating online stores has continued this year, with some entrepreneurs closing their bricks and mortar stores to focus on selling online.

US DataArt to open new R&D centre in Bulgaria

bne IntelliNews August 26, 2021

DataArt to consider cites of Plovdiv and Varna for Bulgarian expansion depending on availability of software engineers.

Hungary’s 4iG to take control of state-owned telecom infrastructure company Antenna Hungaria

bne IntelliNews August 26, 2021

Strategic partnership agreement will create one of the leading telecommunications holding companies in the CEE region.

Twitter labels Serbian pro-government media as state affiliated

bne IntelliNews August 17, 2021

President Aleksandar Vucic slams decision, challenges social networking platform to delete his account.

Estonia’s Bolt posts loss of nearly €45mn for 2020

bne IntelliNews August 17, 2021

Revenue rises 75% as mobility platform becomes third largest European scooter operator in the peak season.