Page 14 - bne_newspaper_February_16_2019

Central Europe
February 16, 2019 www.intellinews.com I Page 14
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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However, Germany – whose firms are heavily invested in the project – sought to exempt Nord Stream 2 from those rules. Berlin’s plan seemed unworkable because it lacked the necessary majority to challenge the Commission’s proposal – until France lent its support.
The key element of the compromise text now shifts oversight of the pipeline’s compliance with the EU law from the Commission to the country in which the pipeline will enter the EU territory. In the case of Nord Stream 2, that is obviously Germany.
That is a setback for Poland, which was pushing for a bigger EU control over the pipeline. But War- saw can still influence changes in the proposed regulation in the trilogue, where the European Parliament will be represented by the former Pol- ish Prime Minister Jerzy Buzek.
Once built, Nord Stream 2 will double Russia’s capacity to export gas to the EU. The consortium building the €10bn pipeline consists of Russia’s Gazprom as well as German companies Uniper and Wintershall, France’s Engie, British-Dutch Royal Dutch Shell, and Austria’s OMV.