Page 4 - bne_Magazine_July_2018

4 I Contents bne July 2018
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
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+7 9160015510 earbuzova@bne.eu
+44 7738783240 ogusarova@bne.eu
6 THE MONTH THAT WAS COMPANIES & MARKETS
10 CEE/CIS economies at risk from high corporate indebtedness
12 Azerbaijan’s ambition to send gas to Europe step nearer as Turkey launches TANAP
13 Russian developers could be hit by ban on housing pre-sales
14 Ukraine steel exports swell amid worries over impact of US sanctions
15 Eesti Energia buys Nelja Energia in one of Estonia's largest ever deals
16 Hungary's Opus takes over BSE-listed IT company 4iG
17 EBRD optimistic on Central Asia but has no plans to restart lending in Russia
18 BAT to invest €800mn in Romanian plant over five years
19 Hungarian forint hits a three-year low against euro after ECB meeting
20 China's CITIC pays CEFC’s debt, will take over stake from J&T
21 China's WeChat launches its mobile payment service in Russia
22 Sales of Czech internet giant Seznam.cz soar to record-breaking CZK4.12bn
22 Russia could levy cross-border online purchases in 2020
23 CE Galileo navigation system and the EU navigation agency contributed by €105mn to the Czech economy
23 Russia preliminarily adopts crypto-unfriendly legislation
COVER FEATURE 24 Wheels up
CENTRAL EUROPE
30 Czech central bank tightens mortgages rules to pop the nascent housing bubble
Cover illustration: Illarion Gordon
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