bne_Tech_12_2020

CONTENTS
bne:Tech
December 2020 www.intellinews.com @bneintellinews
Russia finalises IT privilege scheme
The Russian government has finalised a tax privilege scheme for the IT industry, which will be launched as of 2021 in a bid to make locally developed software and other IT products more competitive in the global market.
As of January, IT firms operating in the Russian market will be able to apply for sizeable tax privileges. Most importantly, the
Top Stories 2
Russia finalises IT privilege scheme 2 The pandemic causes a spike in cyberattacks on Russian companies 3
Leaders 5
Huawei’s economic influence in
Hungary is growing 5 Hungarian media expansion in
Balkans lacks impact 6 Ozon shares jump 40% in first minutes
of trading after IPO on NASDAQ 7
Investment 10
Russia's Mail.ru buys into e-learning
with Uchi Group 10 Three Seas Initiative Investment Fund makes first digital investment, data
centre to be launched in Estonia 11 Romanian venture capital firm
Catalyst launches new €40mn-50mn
fund for TMT 12
Fintech & E-commerce 13
Sber displays its leadership ambitions
in the Russian e-commerce space 13 FPRI BMB Russia: Sberbank releases
a three-year transformation strategy
to e-commerce concern 14 Gambling regulation poses risks for Russian payment system Qiwi 15
Telecom 16
Lithuanian telecom giant’s market
value surges past €1bn after 5G launch 16 Lithuanian competition taskforce
clears telecom Bite's €20mn purchase
of Mezon 16 Magyar Telekom raises close to
€200mn under cental bank bond
purchase scheme 17 Kazakhtelecom launches LPWAN
network 17
NIBs 18
income tax for IT companies will be cut from current 20%
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The pandemic causes a spike in cyberattacks on Russian companies
The coronavirus (COVID-19) pandemic has caused a spike in attacks on the critical infrastructure of Russian companies.
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