bnemagazine bne_December 2021_20211203.pdf
P. 1

 WWW.BNE.EU
                December 2021
Serbian “sugar king” becomes banking tycoon
Bulgaria reveals how millions of euros were siphoned off from Hemus motorway construction
Uzbekistan’s cement giant Qizilquwvmsement on a roll
Kazakhstan looks to nuclear amid crypto-driven energy shortage
READY FOR WAR
AT ANY TIME
IN SOUTHERN ARMENIA
  Montenegro’s dysfunctional ruling coalition limps on
p.46
 Operation Garden Ring banks shut down
p.54
 Savitsky museum,
the Louvre of the Steppe p.58
   ISSN 2059-2736



















































































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