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Top Stories
February 1, 2019 www.intellinews.com I Page 6
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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a recent bne IntelliNews feature — have attracted Chinese potential buyers in particular.
Deal value and volume in the smaller markets
of Southeast Europe can’t compare to the CEE heavyweights Russia, Poland and Turkey, but the region is home to several rising stars. EU candi- date country Albania saw the region’s highest y/y growth of a staggering 1,054.5% on deal value and 300% on deal volume. Nearby Serbia also saw a 737% hike in deal value, while deal volume was up 40%. Slovenia is seen as another rising star from the region.
On the other hand, there is no guarantee such
a high level of deal-making will continue in the small Southeast European economies. “There is a lot of potential for growth and development in the Balkans which is why it is attracting interest from international investors. The challenge for them is the availability of the right targets,” commented Radivoje Petrikic, partner in
CMS' CEE corporate practice.