11:45 Reksoft Selected as Nearshore Development Partner by Siemens Switzerland
Siemens Switzerland, the Swiss affiliate of the world’s largest electronics equipment manufacturer Siemens AG, and Reksoft signed the framework agreement on cooperation in individual software development and maintenance projects.

11:36 Euroset buys 19 outlets in St Petersburg
Russia's largest mobile handset retailer Euroset has bought 19 outlets from St. Petersburg-based retailer Telecom Point, Euroset said in a corrected press release Thursday.

11:28 Russia's special economic zones to open in 2007
Six special areas designed to promote Russia's high-tech and industrial development will be largely set up by the end of 2007, a senior official said Thursday.