Kazakhstan poised to intensify vetting of re-exports to Russia

Joanna Lillis for Eurasianet March 23, 2023

Kazakh traders have been helping fill Russian demand for high-tech consumer goods and other items hard to obtain under Western sanctions.

INTERVIEW: Sviatoslav Kavetskyi, chairman of the Supervisory Board of the Lviv IT Cluster.

Dominic Culverwell in London March 23, 2023

Ukraine’s IT sector has seen a mass migration of its employees. With former IT hubs like Kharkiv, Dnipro and Odesa close to the front line, many specialists have moved to Western Ukraine, where life is somewhat more normal.

ToyotaGo project scrapped in Slovenia’s Kocevje

bne IntelliNews March 21, 2023

Mayor says on-demand transport project was very popular but too expensive to run in a rural area.

Serbian PM says revenue from IT exports exceeded €2.7bn in 2022

bne IntelliNews March 21, 2023

PM Ana Brnabic says Serbia must become a leader in AI to achieve fast and dynamic economic growth in future.

INTERVIEW: Volodymyr Semenyshyn, president EMEA of Ukraine IT company SoftServe

Dominic Culverwell in London March 17, 2023

Ukraine’s IT industry has remained remarkably stable in the face of Russia’s full-scale invasion. While many leading sectors in Ukraine have suffered significant losses, IT saw a growth in exports helped by an impressive response from businesses.

NASDAQ to delist Russian tech majors Yandex, CIAN, Ozon, Qiwi and HeadHunter

bne IntelliNews March 16, 2023

Trading in all the names has been suspended since February 2022 following Russia's full-scale military invasion of Ukraine.

Mobile major MTS joins "Russian YouTube" race

bne IntelliNews March 16, 2023

Video hosting platform YouTube remains available in Russia, but Wagner mercenary group founder Evgeny Prigozhin has called for it to be banned.

Yakutia’s taxi service born out of injustice: inDrive founder Arsen Tomsky's mission to fight back against cartel pricing

Ben Aris in Berlin March 14, 2023

On New Year’s eve in Yakutia with temperatures below -40C, all the city's taxi companies tripled their fares on the same day. “It was a cartel,” says Tomsky. So he set up a taxi app that allows users to negotiate prices.

How cryptocurrency mining froze a Kazakh city

Nizom Khodjayev in Astana March 8, 2023

Inhabitants of Ekibastuz who were left without heating on freezing winter days have a much different understanding of the term “crypto winter” than digital money enthusiasts.

Yettel Bulgaria urges competition watchdog to block sale of Bulsatcom to Slovenia Broadband

bne IntelliNews March 8, 2023

Commission for Protection of Competition has launched a probe into the deal to find out whether it would breach competition rules.

Romanian PM’s new AI adviser runs into controversy

bne IntelliNews March 7, 2023

Government promotion of adviser, named Ion, has been accused of using an image of a local school in Ciugud without permission.

Bulgarian proptech FlatAway raises funds for international expansion

bne IntelliNews March 6, 2023

Funding round led by venture capital firm Eleven Ventures will support FlatAway's growth across Central and Eastern Europe and the Middle East.

Romanian PM introduces world’s first AI government adviser

bne IntelliNews March 2, 2023

AI assistant named ‘Ion’ to provide real-time information on the “opinions and desires” of the Romanian population.

Kazakh fintech star posts 37% net revenue growth

Kanat Shaku in Almaty February 28, 2023

Payment business Kaspi Pay records strong growth in transaction volume and active user base, with over 21mn users at end-2022.

Romanian startup Soleadify raises $6mn to scale up AI-powered global company database

bne IntelliNews February 23, 2023

Soleadify — also known as Veridion — is developing a global database with contact details of small businesses around the globe

Google to acquire Croatian maths app Photomath

bne IntelliNews February 23, 2023

Popular maths app has already raised funding from Silicon Valley venture capital firms.

Ford, Koc, LG Energy Solution sign MoU for EV battery cell production JV in Turkey

bne IntelIiNews February 23, 2023

Enterprise to help deliver on commitment to produce batteries in the same region where the auto giant produces electric vehicles.

North Macedonia steps up security after cyber attacks and bomb hoaxes linked to Ukraine war

Valentina Dimitrevska in Skopje February 22, 2023

More than 30 locations evacuated in Skopje and Prilep after the authorities received fake bomb threats.

Croatian government launches price tracking app after euro-adoption price hikes

bne IntelliNews February 19, 2023

Officials have repeatedly criticised retailers for using Croatia's euro adoption in January as a pretext to hike prices.

Dronamics raises $40mn in pre-series A funding for world's first cargo drone airline

bne IntelliNews February 18, 2023

Funding will help Bulgaria-based Dronamics to accelerate growth and expand its operations amid soaring demand for cargo drones.