Page 13 - bne_newspaper_August_24_2018

Central Europe
August 24, 2018 www.intellinews.com I Page 13
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 value of the portfolio would swell to €479mn by 2022 as the gross leasable area of the proper- ties is to increase to 242,000m2.
The transaction will be closed after the payment of the purchase price, which is treated as busi- ness secret by the parties but based on the mar- ket capitalisation of Appeninn, it is estimated to be HUF6bn.
TIborcz said they are aiming to become leaders in their own segment of the property development and management market and the deal provided a good opportunity to diversify their operation.
The latest acquisition reinforces widely held theo- ries that business ties between the Orban family and Meszaros, which have long been denied, do exist and it has been a logical step that the two parties join forces, after Fidesz' grip on the econ- omy and the society solidifies, media reports tell.
BDPST has also set up a hotel subsidiary a few days ago, which suggests the company looks
set to provide hotel services in the future. These may include the 18 domestic and 5 foreign hotels of Hunguest, owned by Konzum, but also a high- end hotel in Budapest's city center owned by BDPST.
The hotel management company of Tiborcz will be run by former CEO of Kempinski, who hired Rahel Orban as a sales manager between 2012 and 2014. Orban's eldest daughter, who graduated at École hôtelière de Lausanne, one of the best hospitality management schools in the world has also taken an active role in the preparation of the new tourism strategy of the government.
In the last few days, she made headlines when she dumped a used diaper along the highway while on vacation in Croatia.