bne_Tech_07_2020

Privileges for Russia's IT industry could lead to higher software prices
Tax privileges, recently extended by the Russian government to the local IT sector are likely to result in higher software prices as authorities aim to pass their costs onto IT product customers.
In June Russian Prime Minister Mikhail Mishustin presented President Vladimir Putin with the government’s new
National Plan for Economic Recovery (NPER) to help the
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Contents
bne:Tech
July 2020 www.intellinews.com @bneintellinews
Top Stories
Privileges for Russia's IT industry
could lead to higher software prices 2 The pandemic gives a boost to
Russia's online retail segment 3 Gains seen in Russian TMT, online
best positioned 4
Leaders 6
Divorce between Yandex and
Sberbank welcomed by analysts 6 Russia's X5 group to unify delivery services 7
Investment 8
Austria’s S&T buys Slovenian telecoms equipment company Iskratel 8 CEZ investment fund sold minority
stake in Israeli CyberX to Microsoft 8 Russian Medsi private clinics to buy
into AI developer 9
Fintech & E-commerce 10
CEE Fintech Atlas: Some stagnation,
but new vibrant hotspots and opportunities 10 Czech online grocery store Rohlik.cz
to expand to Bulgaria 12 Russian electronic payment systems
Qiwi sells consumer lending business 13
Telecom 14
Fitch ratings upgrades Kazakhtelecom’s long term IDR to ‘BBB-’ with stable outlook 14 Romanian competition body “reluctant” about Telekom Romania sale 15 Ucom tries to block Team’s acquisition
of Veon Armenia 15
NIBs 17
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The pandemic gives a boost to Russia's online retail segment
The coronavirus (COVID-19) pandemic, which caused a several- week long lockdown period in Russia, gave a boost to the
country's digital retail industry as people stepped up online shopping.