bne_Tech_0809_2018

Contents
bne:Tech
August/September 2018 www.intellinews.com @bneintellinews
Online Piracy Still an Issue in Russia Despite Tighter Legislation
Vladimir Kozlov in Moscow
Five years since stricter anti-piracy legislation was enacted in Russia, protection of intellectual property in the country still needs improvement.
Online Piracy Still an Issue in Russia Despite Tighter Legislation 1 Russian Government Split on Controversial Data Storage Law 1 French car share BlaBlaCar buys Russian rival BeepCar of Mail.ru 5
Leaders 6
PPF completes €2.8bn acquisition of Telenor's business in CEE 6 Alibaba and Mail.ru said to be
forming e-commerce partnership 7 Romania’s Bittnet announces third takeover in one year 8 Russia’s VK announces privacy
changes to protect users from arrest 8
Investment 9
Private equity deals in CEE hit a record €3.5bn in 2017 9 Russia budgets $18bn for digital
economy roadmap, funding unclear 9 German Allgeier to pay over €10mn for 67% of Romanian software producer 10 PPF Group reportedly eyes Balkan TV stations 11
Fintech 12
Number of Czechs using online banking services trebled in past decade 12 Robots to collect debts for Russia's
VTB bank 13 Russian online payment system
QIWI posted strong second quarter
IFRS results 13
NIBs 15
Telecom 18
Russia's MegaFon reports strong
set of results as telecoms price war
breaks out 18 Russia's Rostelecom posts mixed
results for second quarter, Tele2
JV goes into profit 19 Bosnian BH Telecom's net profit
falls 26% y/y to €12.2mn 20 Montenegro’s fixed-line subscribers
rise 9.5% y/y 20
On August 1, 2013, an anti-piracy law came into effect,
See page 2
Russian Government Split on Controversial Data Storage Law
Vladimir Kozlov in Moscow
Weeks after being enacted, the Russian controversial law on data storage, known as the "Yarovaya Law," is still under fire by critics
from within the government, making tech companies uncertain about how to comply with it.
See page 3