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Weekly Lists
June 9, 2017 www.intellinews.com I Page 26
bne:TMT
Russia’s Yandex and Baring Vostok fund invest $5mn in house- call doctor service
European Commission endorses €101mn Croatian national broadband scheme
The Russian house-call doctor service DOC+ is announcing the completion of a second round of investment worth $5.5mn from Russian internet major Yandex and major Moscow-based invest- ment fund Baring Vostok Capital Partners, East-West Digital News reported on June 6.
The two investors had already injected $5mn in the startup less than one year ago, with the company’s first funding in 2015 amounted to $0.5mn, coming from a group of Russian and Western business angels.
The European Commission (EC) has found that Croatia's €101.4mn Next Generation Network (NGN) Broadband plan is in line with EU state aid rules, the EC announced on June 6.
Croatia’s NGN scheme aims to provide fast internet access in particular to rural areas. Croatia's current broadband market is characterised by high prices and low take-up rates compared to the EU average. This scheme aims to significantly improve the situation and help Croatia increase its connectivity and meet the targets set out by the Commission in the context of the Digital Single Market.
Ametek, a US-based global manufacturer of electronic instruments and electromechanical devices, has opened a business campus in the northern Serbian town of Subotica, according to a statement issued by the cabinet of Serbia’s president, Aleksandar Vucic, on June 7.
Ametek entered the Serbian market in 2012, when it acquired the parent company of German Dunkermotoren GmbH, which oper- ated in the tax-free zone in the northern town of Subotica. Ametek further increased its capacities in Subotica in 2015.
According to Vucic, the new factory, which occupies about 10,000 square meters, will employ 500 people.
US’ Ametek opens business campus in Serbia’s Subotica