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2 I Contents bne June 2022
Senior editorial board
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news editor I Glasgow
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William Conroy
editor Eurasia & SE Europe I Prague
+420 774 849 172 I wconroy@intellinews.com
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COMPANIES & MARKETS
4 Poland plots relief for borrowers struggling under high interest rates
5 Lithuania launches GIPL gas link with Poland
6 Impairments and provisions on Russia and Ukraine operations put Hungary's OTP in red in Q1
7 Shortages force North Macedonia to change its farm policy
9 Construction of Alexandroupolis LNG terminal launched
to help reduce Balkans’ dependence on Russian gas
10 Profits of Romanian gas, nuclear companies surge on high energy prices
11 Romania hopes to unlock Black Sea natural gas projects with revised Offshore Law
12 EU opens loophole for Russian gas-for-rubles scheme
13 Russian gas flows to Europe via Ukraine disrupted by war for the first time
14 Russia hopes Chinese carmakers will help revive Moskvitch brand
14 Siemens to wind down Russian operations
15 Spared Russian oligarch Potanin sweeps banking assets with Tinkoff deal
16 PPF agrees to sell Russian banking assets
17 Renault hands over AvtoVaz to Kremlin for one ruble
18 Russian-linked businessmen bid for strategic Greek port
19 ‘Market disruptor’ TBC UZ makes digital bank inroads in Uzbekistan
20 Hungary’s leading IT firm teams up with Rheinmetall to develop digital combat system solutions
21 Russia launches homespun Google Play alternative
21 Russia’s Ozon 2021 results show growing orders
23 Climate change, war in Ukraine and rising prices create perfect storm threatening global food security
25 Raising EU green targets will cost an extra €195bn
COVER FEATURE
26 The new world order 30 The energy wars
33 Gorbushka is back 35 Green Ukraine
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