Ukraine bans Russian e-commerce giant Wildberries

bne IntelliNews July 26, 2021

Wildberries' assets to be blocked in Ukraine and it will be prevented from moving goods through the country.

Canadian blockchain developer ChainSafe acquires Croatia's Node Factory

bne IntelliNews July 26, 2021

Toronto-based blockchain development and engineering solutions company bought blockchain R&D firm based in Zagreb after collaborating on Lodestar project.

Shares of Romanian startup Air Claim nearly double in price on BVB after listing

bne IntelliNews July 26, 2021

Air Claim helps passengers get compensation for flights that are canceled or delayed.

Russia temporarily disconnects from the World Wide Web

bne IntelliNews July 23, 2021

Russia has been considering the concept of a "sovereign internet”, namely cutting itself off from the World Wide Web.

Bulgaria's Maxcom, Austria's Pierer to build €30.7mn e-bike plant in Plovdiv

bne IntelliNews July 22, 2021

Caretaker Economy Minister Kiril Petkov says Bulgaria has the chance to become 'number one in the whole of Europe' in e-bike sector.

Georgian e-commerce market more than tripled in 2020 report says

Neil Hauer in Yerevan July 21, 2021

E-commerce in Georgia increased more than threefold year-on-year in 2020 to nearly $45mn, a new Galt&Taggart report states.

US blockchain company Guilded mulls investment in Serbia

bne IntelliNews July 21, 2021

PM Ana Brnabic says Guilded interested in Serbia’s data storage capacities and data centre in Kragujevac.

The SPAC wave hits Russia

Adrien Henni in Paris for East West Digital News July 20, 2021

Could a Russian tech company ever be targeted by a SPAC, the special purpose acquisition companies that raise money with a list and only then try and acquire a promising company. Russia is about to see its first SPAC.

Bulgaria’s Dronamics to supply delivery drones to DHL in deal worth up to €1.86bn a year

bne IntelliNews July 20, 2021

Dronamics' Black Swan unmanned aircraft can carry 350 kg of cargo for 2,500km at up to 80% lower cost than any aircraft.

Slovenia appoints ex-Uber executive as first minister for digital transformation

bne IntelliNews July 18, 2021

Mark Boris Andrijanic pledges to turn digitalisation into a national priority in Slovenia.