Central Europe / Tech
Russian Softline pursues international expansion in Baltic states, Belarus, Egypt
Softline, an international solution and service provider with Russian roots, is pursuing its international expansion with two deals announced this month.
EV market may create copper deficit
Auto fleets' shift to electric vehicles in a global drive to cut carbon emissions will involve a drawdown on copper that could transform markets, and spur additional supply.
Hungary’s 4iG to take control of state-owned telecom infrastructure company Antenna Hungaria
Strategic partnership agreement will create one of the leading telecommunications holding companies in the CEE region.
Estonia’s Bolt posts loss of nearly €45mn for 2020
Revenue rises 75% as mobility platform becomes third largest European scooter operator in the peak season.
US NortonLifeLock to buy Czech anti-virus company Avast in $8bn deal
Deal to create global cybersecurity giant listed on Nasdaq.
Third of Estonian startups set up by e-residents
Most of the startups focus on business software development and fintech solutions.
Estonia’s Bolt closes €600mn funding round
Largest capital injection so far raises valuation to $4bn and will be used to fund grocery delivery business.
Estonia’s Wise valued at €9.3bn on London Stock Exchange debut
Fintech formerly known as Transferwise has won customers during pandemic lockdowns as people sought alternative ways of transferring cash.
Slovakia’s flying car makes history
AirCar flew from Nitra to Bratislava then transformed into a car to continue its journey to the city centre.
Estonian road and car park marking robot developer 10Lines raises funds
10lines targets a multi-billion dollar market largely untouched by innovation.
