Page 12 - bne_newspaper_February_08_2019

Central Europe
February 8, 2019 www.intellinews.com I Page 12
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.
See page 2
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
See page 3
GET THE BEST CONTENT DELIVERED STRAIGHT INTO YOUR INBOX!
SIGN UP HERE
bne Tech
We have launched a new publication bneTech
A FREE newsletter covering technology, blockchain, ICOs, TMT and all aspects of the "new economy" in Emerging Europe, Central Asia and MENA.
*Please note by clicking the button you give permission for bne to send you e-mails as per the EU's GDPR rules.
SIGN UP HERE
conglomerate split between five or six businessmen. Meszaros, who is deemed to be the proxy for Orban, gained control of the largest chunk of
the media pie. He purchased all 19 rural county newspapers with vast subscriber base, which played an essential role in bringing in the votes
of the country side voters.
The other power centre of the right-wing media included former consultant Arpad Habony, who was in charge of tabloids, and the late Andy Vajna, the film mogul who died last month. Vajna owned the country’s second largest broadcaster Tv2, which according to local press reports will also be integrated into the CEPMF.
Last November Meszaros, Habony and others donated their stakes in their media companies without financial remuneration to the state media holding, which will operate as non- profit foundation in the future. The government in December blocked any potential antitrust investigation into the single largest media transaction in the country's history by declaring the establishment of CEPMF as an issue of national strategic importance.
State media has been under the direct control of the ruling party since 2010, but other news outlets also receive regularly the main talking points of the government on a weekly basis. Chiefly these are exaggerating fears from illegal migration, praising economic success stories and denounc- ing opposition parties and critics. The govern- ment’s grip on the press will strengthen further with the centralisation of the media group.