Russian domains reach half a million
Ru-Centre, the Russian Registrar, has released this Monday on the number of domains in circulation. According to their figures 140 000 new URLs appeared last year in the Russian internet, which is 46.31% more than in 2004. In the beginning of 2006 RuNet has gained 40 000 new URLs again, so in total there are […]
Problem of using web evidence in Russia
An panel of lawyers concluded on Thursday that Russian notaries are not ready to certify Web resources for use as evidence in court cases. This has implications for company protection against copyright, branding and other intellectual property cases involving the Russian internet. The notary system is intrinsic to many official functions in Russia. For example […]
Russian search engine Yandex set for IPO
The Moscow Times is carrying a report on the recent surge in London IPO listings for Russian companies. Seven Russian IPOs raised $5 billion on the London Stock Exchange in 2005, making Russia the biggest source of international primary offerings in London. Bankers estimate up to 25 flotations this year will raise several times that […]
New law pressures online gambling in Russia
Offline gambling has exploded in Russia in the last three years, particularly in Moscow. It is an estimated $5 billion annual business and draws players to both high-class casinos and the one-rouble slots in small arcades. Russia, the world’s second-largest country by population with an all-cash culture that favours spending over saving may soon rival […]
Yandex announce record profits in Russia
Yandex, Russia’s most popular search engine portal, have announced record profits for last year. Net profit of the company in 2005 was $13,6m, and turnover (revenue) was $35,6m (on US GAAP, without including NDS). Those figures have doubled since 2004. They put this growth down to the wider expansion of the internet in Russia, they […]
1st Internet and Business Conference held in Russia
The conference season in Russia has taken a great leap forward today with the announcement of a new summit targeted at RuNet e-commerce. The conference has been organised by the leading lights of Russian internet – including the search engines Yandex, Rambler and Mail.ru. The agenda for the conference is copied below, some very interesting […]
Decline of dial-up in Russia
With ADSL lines increasing to 8MB in the US and Europe it is easy to forget that many Russian users still access the internet using a dial up connection. However research carried out this month by the ROMIR group has noted that Ethernet access has over taken dial-up modem access this year for the first […]
Russian internet usage at 17% of population
ROMIR, the independent research group has released their periodical results for internet usage, which show that at the end of 2005, RuNet users share made up 17% of the whole adult population of Russia. Whilst this was a disappointing dip on the 3rd quarter 2005 results of 19%, usage has grown 4% since 2004. View […]
Russian outsourcing and software summit 2006
For those looking beyond the usual conference schedule this year, the RUSSOFT summit held in Moscow from 31 May to 2 June offers a chance to meet Russian outsourcing companies first hand. The summit was started to promote Russia’s programming sector although many web service companies now make a point of attending. The target audience […]
Russian IT Sector to Rise to $40Bln
The telecommunications and information technology industry will grow to exceed $40 billion a year by 2010, IT and Communications Minister Leonid Reiman said on Monday at a news conference held in Moscow. The total market was reported to have reached about 1 trillion rubles ($35.5 billion) last year. Reiman spoke positively on this trend. Our […]