Belgian IT company Cegeka opens office in Moldova

bne IntelliNews February 16, 2021

Cegeka intends to employ 200 people in Moldova as it expands its presence in Eastern Europe.

Coronavirus wrecks Poland’s Innogy’s electric car-sharing service

bne IntelliNews February 11, 2021

Polish electric power retailer Innogy, an E.ON company, will wrap up its electric car sharing service Innogy Go! in mid-March, the company said this week.

Rostec to be in charge of Russia's 5G scheme

Vladimir Kozlov in Moscow February 11, 2021

Russia's state-controlled tech corporation Rostec will lead a consortium of equipment manufacturers for the country's fifth generation mobile communication scheme, while the prospects of 5G in Russia remain unclear.

Russia considers its “sovereign internet” options

Vladimir Kozlov in Moscow February 11, 2021

For quite a while, Russia has entertained the concept of a "sovereign internet," which basically means cutting itself off from the World Wide Web

Erdogan’s announcement of Turkish space programme short on budget details

bne IntelIiNews February 10, 2021

Astronomical costs would not be easily borne by state budget under strain from several years of economic crisis.

Israeli agritech unveils “indoor growing” plans to challenge Iran’s global saffron dominance

bne IntelIiNews February 9, 2021

'Red gold' prized by famous chefs, Michelin starred restaurants, the natural cosmetics industry and the natural medicine industry. Also used as a dye in the textile industry.

Croatia's M+ Group buys 51% stake in software firm Bulb for €7mn

bne IntelliNews February 9, 2021

Private equity backed M+ Group takes over Bulb as part of plans to globalise its business.

Cyberpunk 2077 creator CD Projekt says it will not comply with hackers' ransom demands

Wojciech Kosc in Warsaw February 9, 2021

Games developer says security breach did not compromise players' personal data.

Romanian digital currency ELGD triples capitalisation in seven days

bne IntelliNews February 9, 2021

The market value of Sibiu-based Elrond Network's ELDG currency passed the $3bn threshold on February 8, after surging by $1bn in 24 hours.