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2 I Contents bne October 2021
Senior editorial board
Ben Aris
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editor-in-chief & publisher I Berlin +49 17664016602 I baris@bne.eu
Clare Nuttall
news editor I Glasgow
+44 7766 513641 I cnuttall@bne.eu
William Conroy
editor Eurasia & SE Europe I Prague
+420 774 849 172 I wconroy@intellinews.com
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London I +44 753 529 6546 svanson@intellinews.com
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business development director I Moscow +7 9160015510 I earbuzova@bne.eu
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art director I London
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COMPANIES & MARKETS
4 Metinvest reports record results, but expects the market to cool from here
6 EV market may create copper deficit
7 Car production in Czechia falls by 39% during summer
8 Hungarian central bank sees little chance of government slashing 5.9% deficit target despite stellar growth
9 State managers of Kyrgyzstan’s seized Kumtor gold mine ‘risk flooding catastro-phe’
10 Low-cost airline Uzbekistan Express takes wing
10 Romania’s leading insurer City Insurance heads towards bankruptcy after losing licence
11 Serbia makes a strong recovery from a modest crisis
14 Romania's Fondul Proprietatea says state may deprive it of 19% stake in Bucha-rest Airports
15 Three major companies traded on Bucharest stock exchange doubled investors’ money over the past year
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16 Croatia, Serbia and Ukraine were emerging markets with biggest upgrades from Fitch over last five years
17 The Kremlin takes control of the internet in Russia’s Duma elections
20 Russian ultra-convenience shopping’s future isn’t just online
21 Russia’s Yandex beats off the largest DDoS attack in history
21 E-commerce in Russia is booming, but the race has only just begun
23 Russian tech exports up threefold since 2018
24 Fertiliser, electricity producers count the cost of the EU’s CBAM
26 Global coal plans collapse by 76%
27 Green push comes to steel
29 Turkey’s lakes and rivers drying up amid drought and climate change
COVER FEATURE
31 Russia's IPO boom
35 SPB Exchange driving Russia's retail equity investment revolution
37 2011 capital market revolution
39 Russia's Renaissance Insurance hopes to raise $290mn with IPO
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