Page 30 - bne_Magazine_July_2017

30 I Cover story bne July 2017
CHINESE INVESTMENTS IN CEE
Country
Czech
Slovakia
Albania
Serbia
Project title
Acquisition of a 50% stake in J&T Financial Group
Construction of two new reactors at Cernavoda nuclear power plant
Sector
Brewing
Banking
Energy
Chinese partner
Geo-Jade Petroleum Corporation
Built by Dongfang Group, financed by China Development Bank
Project commencement
2015
2016
Started operation 2016
Value to be invested
CENTRAL EUROPE
Acquisition of 79.4% of Pivovary Lobkowicz brewery
CZK1.9bn
Czech
Acquisition of Florentium office building in Prague
Real Estate
CEFC
CEFC
2016
CZK7.5bn
Czech
Acquisition of Travel Service
Airline
CEFC
2015
–
Hungary
Acquisition of Invitel broadband and telecoms provider
Telecom
China CEE Investment Co-operation Fund
Jan 2017
€202mn
Hungary
Construction of €1.5bn high-speed rail line
Infrastructure
China Railway Group
Wanhua Group
Nov 2015
€1.5bn
Hungary
Acquisition of BorsodChem chemical plant
Chemicals
Feb 2011
€1.2bn
Hungary
Bank of China opens first CEE subsidiary in Hungary
Finance
BOC
Aug 2002
–
Poland
Acquisition of 89% of Krasnik Rolling Bearings Factory
Automotive
China Industry Development Agency and Chinese Xiangyang Automobile Bearing
2013
PLN300mn
Poland
Acquisition of civil part of Huta Stalowa Wola steel mill
Construction equipment
Guangxi Liugong Machinery Co
Jan 2011
–
Purchase of Bankers Petroleum
CAD575mn (€388mn)
Bosnia
www.bne.eu
Construction of Stanari thermal power plant
Utilities
€500mn
Bosnia
Construction of Banja Luka- Doboj highway
Infrastructure
China Road and Bridge Corporation (CRBC)
Aug 2011
€400mn
Montenegro
Construction of Bar-Boljare highway
Infrastructure
Chinese Exim Bank
2014
€687mn
Romania
Acquisition of 50% stake
in KMG International, including Petromidia refinery
Energy
CEFC
Deal due to complete end-June 2017
$680mn
Romania
Energy
China General Nuclear Power Corporation
MoU signed 2015; work not started yet
€4bn-€6bn
Serbia
Serbia
Construction of Belgrade- Budapest railway
Infrastructure
Infrastructure
Energy, mining
CEFC
Chinese Exim Bank
China Eximbank (loan), Shandong Hi-Speed Group (contractor)
China Exim Bank (loan),
China Machinery Engineering Corporation – CMEC (contractor)
Awaiting regulatory approval
SOUTHEASTERN EUROPE
$297mn loan deal signed May 2017
Mar 2016
$2.9bn
Construction of Corridor 11 highway from Belgrade to the port of Bar in Montenegro
$301mn
Construction of Kostolac thermal power plant and expansion of coal mine
Loan agreement ratified, but start of project delayed
€980mn
$602mn