Traditionally, Russian business in Latin America may have revolved around two products – importing bananas and flowers – but as the governments of Mexico and Ecuador open up their lucrative oil and gas industries to foreign companies, Russia’s innovative startups are hoping to win a slice of the market with their hi-tech solutions.
Nizhpharm, a sizable Russian pharmaceutical factory based in Nizhny Novgorod, now part of Germany’s Stada Arzneimittel AG, will be sold with its parent company to two U.S.-based investment companies, Bain Capital and Cinven.
E-merchants selling their services and goods via Vkontakte (VK), the number one social network in Russia, can receive payments from VK users more easily, with the money being sent to administrators and editors of events, public pages and communities in messages.
Russia’s largest IT and telecom companies have proposed to the Russian government that they create a new self-regulating organization to oversee the “big data” sector, or the collection and analysis of extremely large sets of data to find trends.
The Skolkovo Foundation will spend the next few years focusing on developing tech entrepreneurship in Russia’s regions, the foundation’s chairman of the board told a meeting of its scientific advisory council on Tuesday.
Группа российских ученых разработала метод быстрого и дешевого создания сенсоров и микросхем наномасштабов: для этого используют механизм лазерного нанесения структур на стекло с разрешением менее 100 нанометров.
Russia’s e-commerce market continued to grow at double-digit rates last year even as offline retail was severely affected by the economic crisis. Such are the findings of a comprehensive study conducted by analysts at East-West Digital News (EWDN).