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Russia Becomes Largest Car Market in Europe

Further news growth in the Russian market has come from Renaissance Capital, the Moscow based investment group. Their automotive and transport team predict that Russia will be the #1 car market in Europe in 2008 with 3.3mln cars being sold. Eduard Faritov, Transport Analyst at Renaissance Capital, said: “We are observing incredible change in demand […]

Turkmenistan Joins the Internet Revolution

The Associated Press reports that Turkmenistan has begun to allow private citizens to connect to the internet. Previously internet access was restricted to government employees, diplomatic posts and offices of major international companies. The average monthly salary in Turkmenistan is $200, so it is unlikely that many can afford the price of a home connection, […]

MTS Launching 3G Telephone Services Across Russia

Mobile TeleSystems (MTS), Russia’s largest mobile-phone company, have announced their plans to introduce 3G telephone services in several key cities. Faster wireless services will give users quicker downloads and new capabilities, such as mobile television. Earlier this month MTS announced their plans to launch 3G in Moscow by 2009 but they have now added 4 […]

C-IB 2008 Roundup Post

I’ve just about caught up from the C-IB 2008 ‘Internet and Business’ Conference last week. This is now the largest conference in Russia with 3500 people registering this year (up by 1500 on 2007). Take note SES and SMX, this scene is developing quickly and people are hungry for conferences. Admittedly the popularity of CIB […]

Yandex Expands Payment System With Banking Partners

Yandex has announced a partnership with the Russian Development Bank (RBR) to expand their online payment system. Now payments to and from Yandex Money can be made from any of the ATMs belonging to the bank. As usual payments onto the system are free but withdrawals attract a 2% commission. Web Money is still the […]

Yandex Offer Free Kaspersky Anti-Virus Software

Yandex, the leading Russian search engine has signed a deal with Kaspersky Anti-Virus to bundle their software free of charge into their desktop application, Ya Online. Kaspersky has an understandably strong following in Russia, where it was founded in 1997. Although the companies head office is still in Moscow, they have expanded globally with offices […]

Broken Link on seems to have a broken link this morning. When you choose to visit in English it takes you to – resulting in the following error page: Not Found The requested URL /ncr&ei=bNXgR7KsKo6iwgGmuKHVCA&redir_esc=www5 was not found on this server. Of course this isn’t a problem for anyone searching in Russian but annoying for […]

Russian Gmail Art Video

Reah Guevarra over at Google Maven stumbled upon a great advert by the Google team in Moscow. A massive Gmail art project involving 162 meters of gray tape, 45 lego pieces, 12 cans of spray paint, 2 kilograms of millet porridge, 1 mop, and 1 saw! It will be interesting to see Google’s level of […]

3rd Annual Internet and Business Conference CIB-2008

The third annual “Internet and Business” conference has been announced this week. CIB-2008 is by far the largest conference in Russia and attracted over 2000 visitors last year. It is attended by almost all the major internet companies in Russia, including of course the search giants Yandex, Begun,, Rambler and Google. The conference is […]

Russians Invest $30m in Social Network Badoo

Yakov Sadchikov, CEO of Quintura, reports that the Russian group Finam has invested $30m US for a 10% share in social site Badoo. The funds are to bring the site over to Russia, where social applications have grown strongly over the last year. There are now an estimated 10 million users in the Russian social […]