Page 16 - bne_newspaper_November_30_2018

Southeast Europe
November 30, 2018 www.intellinews.com I Page 16
bne:Tech
May, 2018 www.intellinews.com @bneintellinews
Avast to enter London bourse in bid to raise up to $1bn Jaroslav Hroch in Prague
Avast, which owns the popular consumer antivirus company AVG, will apply to list its shares on the London Stock Exchange in the hope of raising $200mn (CZK4.1bn) in primary proceeds from an IPO, the Czech-founded company announced on April 12.
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St Petersburg's start-up scene flourishes on high talent and low costs
Contents
Avast to enter London bourse
in bid to raise up to $1bn 1 Avast to enter London bourse in bid to raise up to $1bn 2 St Petersburg's start-up scene
flourishes on high talent and low costs 3 Romania entrepreneur aims to put home-grown UAV defence technology industry on the map 6
FinTech
Russia's mobile major MTS increases stake in Ozon to 16.7% 9
Blockchain
Romanian startups at the heart
of blockchain energy trading rally 10
Central Europe
Russian-Lithuanian startup Gosu.ai
raises $1.9mn from Russian and
French investors 13
Eurasia
Iran hit by cyber attack that left US
flag on screens 14 Iranian government set to block hugely popular Telegram messaging app 15 Iran's black market phone disconnection drive pushes up legal mobile imports 15
Eastern Europe
Internet catches up with TV on Russian
ad market 17 Sales of connected appliances jump
in Russia 17 Russia's HeadHunter Group seeks
to raise $250mn with NASDAQ IPO 18 Russia ranks second in the world
for digital piracy 18 Russian messaging service Telegram raised another $850mn with ICO 19
Southeast Europe
Russia's HeadHunter Group seeks
to raise $250mn with NASDAQ IPO 20
The Regions This Month 21
Filip Brokes in St Petersburg
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“With all energy focused on adopting and implementing reforms, in particular in the rule of law chapters and on the normalisation of relations with Kosovo, more chapters could be opened in the months to come. The European Parliament stands ready to further support Serbia on its European path,” the statement quoted Igor Soltes, EP rapporteur on Serbia, as saying.
A potential land swap with Kosovo was also pointed out as possible source of issues. This has been under discussion as a potential way to reach a final resolution between Serbia and Kosovo, needed for the two states to progress towards EU integration, but has also faced strong criticism amid concerns about the fate of ethnic minorities in the affected areas and the precedent it could set for territorial demands elsewhere in the region.
“While taking note of the recent debate on possible exchanges of territories between Serbia and Kosovo, MEPs underline that ethnically homogeneous states should not be the objective in the region. They consider any future agreement acceptable only if mutually agreed between Serbia and Kosovo and if it takes into account the overall stability in the region and international law,” the statement noted.
The country was also urged to step up reform efforts on the rule of law, intensify the fight against corruption and organised crime, and continue to reform the public administration to make it more politically neutral.
“Serbia should also be more aligned with the EU’s foreign and security policy, including on Russia, and within the United Nations,” the statement noted.
Relations with Kosovo have worsened recently, after Pristina introduced 100% import tariffs on goods from Serbia and Bosnia, in a politically motivated move. Both Belgrade and Sarajevo have so far refrained from retaliating.