Hungary is planning to beef up subsidies for electric vehicles and talks are on the way to increase subsidies for cheaper cars.
Robotics specialists showcase its "43 degrees of freedom".
Draxlmaier plans to build the first battery factory for electric cars in Romania, where several other German auto-components producers are also planning investments.
Significant investments in Romanian AI start-ups TypingDNA and Fintech OS in the final quarter of last year placed Romania among the leading countries in Eastern Europe.
The Russian tech giant Yandex is taking on Russia’s supermarket chains by offering super-fast delivery service that promises to get groceries to your door in under 15 minutes.
Chatham House analyst warns Erdogan administration has built “quick turnaround on vast amounts of cheap credit”, generating “a rapid growth spurt akin to a modestly able professional sprinter injected with steroids”.
After receiving a $40mn capital injection last year, Russian online video company ivi.ru has plans to go public.
Dmitry Golovin, who leads the Moscow IT Department’s video surveillance division, has revealed during a forum called Security Technologies that 105,000 of the city’s security cameras are connected to a facial recognition system.
Masha Drokova once kissed Putin when she was a leader of “Nashi,” a pro-government Russian youth movement. Now she is a darling of VC funds in Silicon Valley
Revolut has just completed another round of financing and raised $500mn to fund further expansion, bringing its overall valuation to $6bn.
Biggest provider of smartphones in Iran makes belated response to US sanctions following moves by Apple and Google.
Company plans to expand to UK, South America. Co-founder of Russia's leading internet company Yandex, Arkady Volozh, has invested personal funds in the enterprise.
Leading Russian consumer lender TCS Group, which operates Russia’s only pure online bank Tinkoff, will invest in the fintech project launched in Europe by two of its managers.
WeShare launched in Berlin last June and will expand to seven other cities this year, with plans to deploy 8,400 electric vehicles.
Revolut will use its Lithuanian banking licence, obtained in 2018, to serve customers in Central and Eastern Europe.
The Kremlin chose unpopular frequencies for 5G rollout to drive home-made infrastructure development and could enforce the use of domestically produced servers.
Russia’s second-largest bank launched the online car marketplace in partnership with ILSA, an aggregator of 871 official dealers in 71 Russian cities.
Hungary is the first market outside the Czech Republic for the group, which wants to expand to new markets in the future.
Digi has already initiated total repayment of its €550mn bonds maturing in 2023, and aims to repay two other loans in advance.