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Central Europe
April 5, 2019 www.intellinews.com I Page 15
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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BALTIC BLOG:
From the Aegean to the Gulf of Finland, China cements its presence across Eastern Europe
Clare Nuttall in Glasgow
The announcement last month that China’s Touchstone Capital Partners plans to extend €15bn to finance the construction of a rail tun- nel linking Tallinn and Helsinki highlights how Chinese investment has spread across Central, Southeast and Eastern Europe, especially in the infrastructure sector.
The wider region is part of the Belt and Road Initiative (BRI), launched by Beijing, under which roads, railways and other infrastructure are being built across several continents, in what is seen as a revival of the ancient silk routes between the Far East and Europe.
The countries of Central and Southeast Europe are an important part of the land and sea routes from China to Western Europe. Chinese compa- nies and state banks have committed heavily to the EU member states of Central Europe, as well as investing into infrastructure spanning the Balkans from Greece’s Piraeus Port (controlled by Chinese COSCO) to Central Europe.
The provisional deal between Touchstone and FinEst Bay Area Development, announced on March 8, would put the Chinese stamp firmly on the northern part of the continent as well with what is set to be one of the continent’s largest infrastructure developments.
Read the full story here