Page 2 - bne_August 2020_20200810

2 I Contents bne August 2020
Senior editorial board
Ben Aris (Berlin) editor-in-chief & publisher
Clare Nuttall (Bucharest) news editor
20
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
Please direct comments, letters, press releases and other editorial enquires to editor@bne.eu
All rights reserved. No part of this publication may be reproduced, stored in or introduced to any retrival system, or transmitted, in any form, or by any means electronic, mechanical, photocopying, recording or other means of transmission, without express written permission of the publisher. The opinions or recommendations are not necessar- ily those of the publisher or contributing authors, including the submissions to bne by third parties. No liability can be attached to the publisher for these comments, nor for inaccuracies, errors
or omissions. Investment decisions or related actions taken on the basis of views or opinions that appear herein are the responsibility of the reader and the publisher, contributors and related parties cannot be held liable for these actions.
bne Intellinews is published by Emerging Markets Direct OU
Print issue:
£4.50/$6.75/€5.90 . €499/year
Follow us on twitter.com/bneintellinews
+49 17664016602 baris@bne.eu
+40 757369985 cnuttall@bne.eu
8
wconroy@intellinews.com
kshaku@intellinews.com
skuznetsov@bne.eu
+44 753 529 6546 svanson@intellinews.com
4 THE MONTH THAT WAS COMPANIES & MARKETS
8 Gazprom swings to first quarterly loss since 2015
9 Ucom tries to block Team’s acquisition of Veon Armenia
10 Czech mining group OKD to shut down its mines for six weeks
10 Turkey hit by VW’s scrapping of auto plant plan and refusal by Europe to list country as safe for tourism
11 Moldova seeks $550mn from IMF and new €100mn MFA with EU
12 Romania’s Blue Air goes from flying high to seeking debt restructuring
13 AliExpress sets ambitious goals in Russia, IPO possible
14 Clearstream adds Romanian equities to its network
15 Russian petrochemical giant Sibur raises $500m in 5-year eurobonds with a record-low 2.95% coupon
16 Turkey’s Akbank sells $500mn of 5-year eurobonds at 6.80%
18 Uzbekistan eyes green debt sale marketed as sukuk
19 Bulgaria and Croatia accepted into ERM2
20 $225mn funding values Romanian RPA unicorn UiPath at over $10bn
20 Bank of Lithuania to become first eurozone bank to issue digital coin
21 ING Bank launches fashion marketplace in Romania
21 Kazakhstan launches mobile app to combat counterfeit and illegal alcohol sales
22 Microsoft sets up new development centre in Romania
22 Spotify to enter Russia, other emerging Europe markets in new expansion drive
23 Young Croatians top EU for digital skills
COVER FEATURE
24 The Moscow Consensus
+7 9160015510 earbuzova@bne.eu
+44 7738783240 ogusarova@bne.eu
13
Sign up to FREE electronic version of bne monthly magazine OR buy a print subscription at
bne.eu/subscribe