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4 I Contents bne October 2018
Senior editorial board
Ben Aris (Berlin) editor-in-chief & publisher
Clare Nuttall (Bucharest) news editor
+49 17664016602 baris@bne.eu
+40 757369985 cnuttall@bne.eu
Eurasia & Southeastern Europe
William Conroy (Bucharest)
editor
Central Asia
Kanat Shaku (Almaty) bureau chief
Eastern Europe
Sergei Kuznetsov
(Kyiv, Minsk)
Subscriptions
Stephen Vanson
(London)
Advertising
Elena Arbuzova (Moscow) business development director (CIS)
Design
Olga Gusarova (London) art director
wconroy@intellinews.com
kshaku@intellinews.com
skuznetsov@bne.eu
+44 753 529 6546 svanson@intellinews.com
6 THE MONTH THAT WAS COMPANIES & MARKETS
10 New report alleges Danske Bank’s Estonian branch handled up to €26bn of Russian money in one year
11 Iran shifting crude exports to Gulf of Oman amid Strait of Hormuz tensions
12 UK court overturns decision to force Kazakh ENRC to hand over documents to prosecutors
13 Russia’s domestic debt under pressure as foreigners pull out ahead of possible “crushing” US sanctions
14 Croatian shipbuilder Uljanik plunged back into crisis
15 Russian elite involved in controversial Hungarian residency bond scheme
16 Kazakh government invites international banks to pitch roles for state oil company KMG listing in London
16 Cash-strapped Belarus seeks to borrow $2bn on Chinese, Russian markets after 2019
17 Zijin taps deeper into Serbian copper sector with €1.2bn Nevsun takeover
18 After lull Iran’s rial resumes plunge as markets fret over forex squeeze
19 CEFC to sell Czech assets to its owner CITIC at just over half of book value
20 Fondul Proprietatea in talks with “numerous” potential buyers for Hidroelectrica stake
21 Russian internet major Mail.ru in talks with Alibaba and RDIF
22 “Iran’s Amazon” lays off staff as Trump sanctions hit business
22 Russian Post plans to boost e-commerce infrastructure
23 Russian online entrepreneurs Oskar Hartmann and Igor Rybakov invest $750,000 in Australian car sharing platform
COVER FEATURE
25 Who's the king of the castle?
26 Capital flight figures to make your eyes water
SPECIAL FOCUS
28 Russian stocks markets
29 Sberbank launches Russia's first ETF 31 Russia’s share buybacks are en vogue 32 Russian OFZ treasury bond pain
33 Banking’s David and Goliath
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