Central European Distribution Corporation (NASDAQ:CEDC) signed a binding Letter of Intent (LOI) in July 2007, to acquire a significant majority interest in various production and distribution assets related to the Parliament vodka brand in Russia and abroad. Since July, CEDC has worked closely with Parliament management to effectively move forward with a view...

Austria's Mayr-Melnhof Karton AG, the world leader in recycled fiber based cartonboard, said it has started the production of cartonboards for the construction industry at its Bulgarian factory in Nikopol. The output will be supplied to Germany's Knauf and France's La Farge. The new equipment cost BGN 2 mln. Mayr-Melnhof said the Nikopol output will reach 60...

Austria's Mayr-Melnhof Karton AG, the world leader in recycled fiber based cartonboard, said it has started the production of cartonboards for the construction industry at its Bulgarian factory in Nikopol. The output will be supplied to Germany's Knauf and France's La Farge. The new equipment cost BGN 2 mln. Mayr-Melnhof said the Nikopol output will reach 60...

BERLIN — After eight months of work, ChipInvest, the Czech Republic’s chip design venture based at Brno University of Technology, has developed its first product, a mixed-signal IC-based detector in the sphere of medical diagnostics. Essentially a wireless transceiver that offers early detection of some blood and heart diseases, ChipInvest described...

WiMax pioneer Intel is teaming up with Russian telecommunications operator Comstar to build a network that will cover the city of Moscow with the broadband wireless technology. The move is a prelude to spreading WiMax to other cities and regions in the Commonwealth of Independent States, which is made up of members of the former Soviet Union. The ambitious network...