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In terms of extension of cooperation, YCG Invest together with Ellco are starting to develop the digital infrastructure in the capital of the Republic of Dagestan - the city of Makhachkala.
 
YCG Invest and Ellco have signed an agreement on strategic partnership in the development of blockchain technologies, user data protection, development of data centers, marketing positioning and investments in the fintech industry.
 
Ellco (http://ellco.ru/) is the largest telecommunications holding in the North Caucasus Federal District covering all cities and more than five hundred settlements. The main objective of the Ellco company is to provide high quality services, create and implement information systems and technologies, organize high-quality telecommunications infrastructure.
 
The mentioned transaction is carried out in accordance with the investment strategy of the IT holding and is aimed at achieving long-term strategic goals and hedging investment risks.
 
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