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4 I Contents bne June 2019
Senior editorial board
Ben Aris (Berlin) editor-in-chief & publisher
Clare Nuttall (Bucharest) news editor
+49 17664016602 baris@bne.eu
+40 757369985 cnuttall@bne.eu
Eurasia & Southeastern Europe
William Conroy (Bucharest)
editor
Central Asia
Kanat Shaku (Almaty) bureau chief
Eastern Europe
Sergei Kuznetsov
(Kyiv, Minsk)
Subscriptions
Stephen Vanson
(London)
Advertising
Elena Arbuzova (Moscow) business development director (CIS)
Design
Olga Gusarova (London) art director
wconroy@intellinews.com
kshaku@intellinews.com
skuznetsov@bne.eu
+44 753 529 6546 svanson@intellinews.com
6 THE MONTH THAT WAS COMPANIES & MARKETS
10 Russia's nuclear power exports are booming
14 Ukraine’s banks are back in profit, provisions made bad debt non-toxic
15 Ukraine central bank loses appeal in PrivatBank nationalisation court battle
16 VTB London unit starts relocating to Frankfurt as losses pile up
17 Kazakhstan’s banking sector under pressure, bracing for more M&A or defaults
19 Turkish bond yields rise as analysts worry central bank is close to losing control of the market
20 $12-13bn of Turkish
energy sector loans need restructuring: Garanti Bank deputy
21 TURKEY INSIGHT:
Claims over officials' lira manipulation via state banks hit international fan
22 Mordashev's Severgroup completes Lenta acquisition despite Magnit bid
23 Russian HeadHunter makes first NASDAQ IPO since 2013
23 23 Russia’s tiny, but growing venture capital market reached $714mn in 2018
25 Russia’s Gazprom tightens control over investment programme in
an effort to cut waste
26 Facebook bans ads of Hungarian government-friendly media conglomerate
27 Falling smartphone sales drag down home electronics sector in Romania
27 One year after ban, Telegram still accessible from Russia with growing audience
28 Russian stoligarch Rotenberg, defence conglomerate and satellite navigation operator team up to create nationwide IoT network
28 Wildberries leads the top 50 Russian e-commerce online stores ranked by revenues in 2018
COVER FEATURE
30 Turkish meltdown II
31 ANALYSIS: Turkey’s net FX reserves ex- cluding swaps fell to minus as of May 17
32 Turkey Insight: Not weak at the knees yet? Credit default swaps just hit 520
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+7 9160015510 earbuzova@bne.eu
+44 7738783240 ogusarova@bne.eu
Please direct comments, letters, press releases and other editorial enquires to editor@bne.eu
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