Policy making Category: Policy making

Mail.Ru Group has lost 1.5% of its annual revenue after being banned in Ukraine

In its unaudited IFRS results made public last month, Mail.Ru Group, a leading LSE-listed Russian Internet group, has estimated “the negative effect of the blocking of its services in Ukraine in Q2 is around 1.5% of total revenues in 2017.”

In mid-May, Ukrainian President Petro Poroshenko signed a decree applying sanctions to 468 legal entities and 1,228 individuals from Russia.

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Major international forum to address hot political, business and technology issues (Poland, Sept. 5-7)

The 27th edition of the Krynica Economic Forum, an important meetup for decision-makers in Central and Eastern Europe, will be held under the title “Project Europe: A Recipe for the Coming Decades” in Krynica-Zdrój, Poland in early September.

Every year, this three-day event gathers together thousands of people — including prominent figures — from political, business, technology and cultural circles from Europe, Asia, and the USA. Thus last year more than 3,500 participants came from 60 countries and attended 180 panels.

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Ukraine finally battens down its leaky cyber hatches after attacks

When the chief of Microsoft Ukraine switched jobs to work for President Petro Poroshenko, he found that everyone in the office used the same login password. It wasn’t the only symptom of lax IT security in a country suffering crippling cyber attacks.

Today discipline is far tighter in the president’s office. But Ukraine – regarded by some, despite Kremlin denials, as a guinea pig for Russian state-sponsored hacks – is fighting an uphill battle to keep state institutions and systemic companies safe.

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Ukraine launches Council of Innovations, considers creating fund of funds

In a meeting on July 21 with industry representatives, the Ukrainian Prime Minister Volodymyr Groysman supported the idea of creating a fund of funds to develop innovation the country.

The government will draft the concept in connection with the Council of Innovations, which should be launched shortly. Should the plan be finally approved, the state budget could potentially contribute to the fund of fund, Groysman said.

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Ukraine bans leading Russian Internet sites

Confirming that the relations between Ukraine and Russia are currently at their lowest, Ukrainian President Petro Poroshenko yesterday signed a decree applying sanctions to 468 legal entities and 1,228 individuals from Russia.

Among the targeted organizations are the two leading Russian Internet groups — Yandex and Mail.Ru Group — the services of which will be made inaccessible from Ukraine.

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Ukrainian public e-procurement system comes to Moldova

ProZorro, a public e-procurement system made in Ukraine, has been launched in Moldova by local Ministry of Finance with support from European Bank for Reconstruction and Development (EBRD).

After operating in a test mode for two months, M-Tender has processed 13 e-tenders and saved the state 97,000 Moldovian lei (almost $23,000 at the current exchange rate).

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Ukrainian information ministry asks Facebook for help to combat fake news

Last week Minister of Information Policy of Ukraine Yurii Stets appealed to Facebook to develop a verification mechanism to filter out fake news.

The Ministry of Information Policy of Ukraine also promised to cooperate with Facebook – which is used by around 3 million Ukrainians on a daily basis – in tackling the problem of fake news.

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MP asks Elon Musk to build Tesla plant in Ukraine

A Ukrainian lawmaker has written to Elon Musk, the CEO of U.S. electric car producer Tesla Motors, asking that the tech entrepreneur consider building a Tesla car factory in Ukraine.

The letter, from People’s Front party lawmaker Viktor Romaniuk, comes after Musk announced his company was to make a “significant investment” in expanding its European operations. However,  Tesla has neither confirmed the timescale for building its research center in Europe, nor specified a location so far.

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New law allows Ukrainian service exporters to deal with foreign companies by email or invoice

Earlier this week the Verkhovna Rada, Ukraine’s parliament, approved amendments to the Ukrainian export legislation, which may facilitate the export of services. The new legislation will apply to all exporting companies, including service providers and freelancers from the IT industry.

The new legislation lifts the obligation to sign a paper contract, use a rubber stamp, provide a report of completion and translate documents from English to Ukrainian when delivering services to a client from outside the country.

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Ukrainian IT business targeted by indiscriminate secret service pressure

Since early 2010 the Security Service of Ukraine (SSU) has been checking the legality of the work of IT companies. While some cases of large investigation program towards big IT-companies proved to be justified, law-abiding IT businesses have also been targeted. Among the latest examples are Adamant, Lucky Labs, KM Core, and V.O.K.S.

Sadly enough, the guilt of IT-companies has been proven in none of the cases, writes The Libertarian Republic.

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