Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Billionaire Oleg Deripaska Plans $355 Million Data Center in Siberia

The Energy Agenda in 2011: Oleg V. Deripaska

 

  • Putin’s law requires IT firms to store data on local servers
  • Aluminum tycoon to use cheap hydropower to feed data center

Billionaire Oleg Deripaska’s En+ Group and partners including Huawei Technologies Co. plan to invest more than $355 million to build a data center in Siberia, tapping the region’s cheap electricity and preparing for rising local storage demand.

 

Read the full story at BLOOMBERG by  Ilya Khrennikov

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

 

READ MORE

Oleg Deripaska

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Copyright © 2021 Jewish Business News