Obninsk to launch $40 million hi-tech technopark

Obninsk, a ‘science city’ in the Kaluga region, announced plans to build its own $40 million high tech technopark. The effort will be funded on a roughly 50/50 basis between federal and regional coffers, the Nanoprom.ru portal reported earlier this week. The future technopark will reportedly focus on biotechechnology and pharmaceuticals, nanotechnology, nuclear power technology, …

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Key regional IT and electronics clusters create union

The Union of Regional Innovation IT and Electronics Clusters has been established in Russia, reports the NanoNewsNet portal. The decision was formally announced on October 31, 2012 on the opening day of the Open Innovation international forum in Moscow. Under the terms of the Union’s Declaration, the new association welcomes regional innovation clusters that manufacture …

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Russian video sharing startup ClipClock secures $2.5 million from Runa Capital.

ClipClock, a Russian video sharing startup,  announced yesterday a $2.5 million funding by Runa Capital, a Moscow-based venture fund operating internationally. The investment will be used to develop advanced functionalities, increase the startup’s user base, and prepare global expansion.

CTC Media and National Media Group create joint online video resource

Russia’s CTC Media and National Media Group have announced the creation of a joint online video resource on the base of the Videomore portal, which was launched by CTC Media in December 2010. Under the terms of the deal, a significant amount of Ren TV and Channel 5 content, including both new releases and library …

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Russia updates digital broadcasting plans

Russia now expects to undertake the transition from analogue to digital broadcasting gradually between 2014-17. At the same time, it may postpone the transition from DVB-T to DVB-T2. The news was given by Viktor Pinchuk, the deputy DG of the Russian Television and Radio Broadcasting Network (RTRS), in a statement published on the company’s website.

Germany’s Delivery Hero and Russia’s Foodik announce merger

Last week, Delivery Hero, a Berlin-based online food ordering company operating in a dozen of countries, and Foodik.ru, announced a merger agreement aiming to “compete for leadership on the Russian market” and “access new international growth opportunities.” The merged company will operate under the Foodik brand, allowing Delivero.ru customers to access Russian restaurants through Foodik’s …

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Softline Venture Partners invests in mobile app developer community

Softline Venture Partners told East-West Digital News that it has just invested $500,000 in Apps4all, a company that carries a community of Russian mobile app developers with a variety of media, event, training, research and advertising activities. The terms of the deal were not disclosed. A $20 million fund, Softline Venture Partners is the venture …

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Mail.ru Group improves user and marketing tools; new international brand introduced

In a press conference held last week, Mail.ru Group, an LSE-listed group of Internet companies whose services are used by 90% of Russia’s online users, announced a series of changes and innovations that ranged from improved usability on e-commerce sites to new social marketing tools. The group also announced the introduction of a new international …

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ALTWeb Group’s seed stage fund to invest in SaaS and online marketing

Last week, Russian Internet marketing company ALTWeb Group announced the creation of its venture arm ALTWeb Capital, which will focus on pre-seed and seed stage investments of up to $400,000. The fund is seeking to invest, in particular, in SaaS solutions, as well as in Internet marketing and advertising services.

Online register lists banned web content as controversial legislation comes into force

In what is being touted as a crackdown on cyber-extremism and banned information that may be harmful to children, the Russian government has opened a portal listing outlawed websites. The portal, which has been dubbed the Unified Register, will be temporarily run by the Federal Service for Supervision in the Sphere of Telecom, Information Technologies and Mass Communications (Roskomnadzor). The …

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Yandex’s fashion aggregator attracts up to 75,000 users daily; new aggregators to be launched

Launched just one month ago, Yandex.Garderob – a special section of Yandex’s e-commerce marketplace that aggregates offers from online fashion retailers – claims it has reached a daily audience of 70,000 to 75,000 users. Considering these figures a success, Yandex intends to launch similar aggregators for other product categories such as jewelry and other lifestyle-related …

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Enter.ru and E5.ru: A Westerner’s online shopping experience

I recently had an opportunity to make a personal test of Enter.ru’s shopping experience. Using their website was pretty easy, as was the process of creating an order. As is common for Russian e-commerce companies, they offer a wide range of payment and delivery options. The website even allows shoppers to enter orders without registering their …

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