Tech

Huawei pushes for amendments to Romania’s draft 5G law

bne IntelliNews May 10, 2021

The bill sets guidelines for the licensing of 5G equipment and technology suppliers, and must be promulgated before the auction of frequency bands allocated for 5G services.

Swiss ICT group ALSO acquires Serbia's PIN Computers

bne IntelliNews May 3, 2021

Acquisition of Novi Sad-based PIN Computers to help ALSO's expansion in Eastern Europe.

EWDN: After a new acquisition, Sber wants to become a central player in the Russian digital music market

East West Digital News in Moscow April 30, 2021

Sber, the state-controlled financial and digital giant, has announced a binding agreement to fully acquire Muzlab, a leader in the Russian B2B audio streaming market.

EWDN: After successes in Russia and Israel, Yandex prepares to launch express delivery service in Western Europe

East West Digital News in Moscow April 30, 2021

Yandex, the NASDAQ-listed Russian tech major, is preparing to launch its express e-grocery delivery service in Western Europe – after successful deployment in Russia and Israel, reports East-West Digital News (EWDN).

Rise and fall of Turkish technology retailer Bimeks ends in bankruptcy

Akin Nazli in Belgrade April 29, 2021

Company that started out as a humble shop run by the Akgiray brothers appears to have expired.

Sberbank pushes the Sber rebranding, promises to double online ecosystem investments over the next three years

Ben Aris in Berlin April 28, 2021

Russia’s leading retail bank has rebranded to just “Sber,” dropping the word “bank” from its name, but the change has not really caught on. The management is now ramping up a rebranding drive and has promised to double investment into tech.

Ford to build all-electric light vehicles in Romania starting 2024

bne IntelliNews April 28, 2021

Ford’s Craiova factory will thus become its third facility in Europe to build an all-electric vehicle.

British, Bosnian software developers form joint centre of excellence

bne IntelliNews April 27, 2021

Manchester-based anti-money laundering software company SQA Consulting and Luxembourg based ABC TECH Group set up SQA Consulting SEE in Bosnia, that will create 175 new jobs.

Romanian smartphone producer priced at €32mn ahead of BVB listing

bne IntelliNews April 27, 2021

Producer of Allview branded electronic products carried out over-subscribed share issue.

Baring Vostok-backed Russian-founded start-up targets London’s highly competitive delivery market

East West Digital News in Moscow April 27, 2021

Russian-speaking tech entrepreneurs and investors are more than ever active abroad – which has been illustrated again in the UK by a grocery delivery and dark store start-up called Jiffy.

US Vertiv opens €10m modular data centre factory in Croatia

bne IntelliNews April 24, 2021

The €10mn plant at Rugvica, near the capital Zagreb, will support Vertiv’s integrated modular solutions business.

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