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CONTENTS
bne:Tech
June 2020 www.intellinews.com @bneintellinews
Russia's IT industry faces severe brain drain
The Russian IT industry will experience a severe brain drain in the wake of the coronavirus (COVID-19) pandemic and ensuing economic crisis, unless the government introduces support measures for the sector, major local IT companies warn.
Top stories
Russia's IT industry faces severe
brain drain 2 Head of the Russian state-owned fund-of-funds under arrest
in Moscow 3 Russia to dramatical hike fines for
data theft 4
Leaders
Major companies compete for
Russia's state service platform 6 Russia's Yandex to launch 100 driverless cars in Moscow 7 Russian Sberbank and Yandex said
to split assets in final divorce 8
Investment
EV battery company InoBat Auto acquires site for Slovakia R&D centre 9 Russia's Sberbank eyes 30% in
Ozon e-commerce major 10 Russia's VTB to digitise grain
expansion with Smartseeds 11
Fintech & E-commerce
Hungary moves to online invoicing
to combat shadow economy 12 Russia's Qiwi payment system solid
in 1Q20 13 Russian online express delivery supermarket Perekrestok.Express
to cover all of Moscow 13
Telecom
Poland to cancel 5G frequency
auction 15 Russia's MTS posts solid results
in 1Q20, confirms dividends 15 Telekom Slovenije to set up 5G test network at Luka Koper 16
NIBs 17
In 2020 to 2021, 10,000 to 15,000 IT professionals could leave Russia as the overall economic downturned caused
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Head of the Russian state-owned fund- of-funds under arrest in Moscow
Late last week the head of Russian Venture Company (RVC), Alexander Povalko, was arrested, then placed by a Moscow court under house arrest for 45 days. The
See page 3