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Opinion
November 16, 2018 www.intellinews.com I Page 23
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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"The airport has become a cemetery," Demir also reportedly said, describing the pressure to finish the job as relentless and blaming long working hours for leading to "carelessness, accidents and deaths".
Turkey's labour ministry has denied media reports about the claimed scale of deaths amid, or linked to, the airport construction. It insisted in February that 27 workers had died at the site due to
"health problems and traffic accidents". It has not commented since then.
“To complete an airport project of this size in just three and a half years was extremely challenging, not least in terms of ensuring timely operational readiness of all related facilities, systems, procedures and equipment needed to run the airport,” CNN quoted a European aviation expert as saying on October 31.
“While there will likely be challenges ahead, there are several factors acting in the airport’s favour, including the relatively strong existing domestic air transport market in Turkey (which rivals in the Middle East generally do not have to the same extent), and the fact that the airport is less likely to face the same degree of potentially constraining environmental legislation, which is generally the case for large airports in Western Europe,” CNN’s chosen aviation expert also said.
Albanian President Ilir Meta, Kyrgyzstan President Sooronbay Jeenbekov, Kosovo President Hashim Thaci, Macedonian President Gjorge Ivanov, Moldovan President Igor Dodon, Pakistan President Arif Alvi, Serbian President Aleksandar Vucic, Sudan President Omar Al-Bashir, Chairman Denis Zvidzic of the Council of Ministers of Bosnia and Herzegovina, Bulgarian Prime Minister
Boyko Borisov and Chairman Ogtay Asadov of the National Parliament of Azerbaijan also attended the inauguration ceremony of Erdogan’s “largest” airport, according to the Turkish Presidency.

