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4 I Contents bne December 2017
Senior editorial board
Ben Aris (Berlin) editor-in-chief & publisher
Will Conroy
deputy managing editor
Robert Anderson (Prague) managing editor
Clare Nuttall (Bucharest) news editor
Nicholas Watson (Prague) contributing editor
Advertising & subscription
Elena Arbuzova (Moscow) business development
Design
Olga Gusarova (London) art director
+49 17664016602 baris@bne.eu
wconroy@bne.eu
+42 0603517867 randerson@bne.eu
+40 757369985 cnuttall@bne.eu
+42 0731582719 nwatson@bne.eu
+7 9160015510 earbuzova@bne.eu
+44 7738783240 ogusarova@bne.eu
6 THE MONTH THAT WAS COMPANIES & MARKETS
10 Russian tourism market recovers fast to pre-crisis volumes
11 Damen takes over Daewoo shipyard in Romania
12 Revived steel industry washes away Zenica’s blues
13 Russian internet advertising beats TV first time in 20 years
14 Turkish lira remains under strain as Pence-Yildirim tête-à-tête produces little
15 Turkish central bank “sits on hands” as inflation hits 9-year high
16 Sberbank drops its lowest mortgage rate by 0.3% to 8.6%- 9.7% per annum
17 Turkish conglomerate Sabanci plans IPO for energy unit Enerjisa
18 Kazakhstan signs MoU with Swiss company 5EL SA on blockchain innovations hub development
19 Turkish Burger King operator TFI files for New York IPO
20 Sberbank cements most expensive Russian company lead
21 Money lending startup CarMoney secures $10mn from local investors
21 Russian supermarket chain Lenta bought 22 supermarkets in Siberia
22 Markets digest second Czech rates hike along with less hawkish than foretold forecast
COVER FEATURE
24 The PIK of Russian real estate
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