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2 I Contents bne November 2020
Senior editorial board 8
Ben Aris
editor-in-chief & publisher I Berlin +49 17664016602 I baris@bne.eu
Clare Nuttall
news editor I Glasgow
+44 7766 513641 I cnuttall@bne.eu
William Conroy
editor Eurasia & SE Europe I Prague
+420 774 849 172 I wconroy@intellinews.com
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Subscriptions
Stephen Vanson
London I +44 753 529 6546 svanson@intellinews.com
——— 4 Advertising
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Elena Arbuzova
business development director (CIS) I Moscow +7 9160015510 I earbuzova@bne.eu
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Design
Olga Gusarova
art director I London
+44 7738783240 I ogusarova@bne.eu
Please direct comments, letters, press releases and other editorial enquires to editor@bne.eu
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THE MONTH THAT WAS COMPANIES & MARKETS
Mystery on the bourse as traders ask "Who bought the banks?"
Holding company of Hungary’s top oligarch cruises through crisis with hefty profits as state contracts surge
Wave of attacks on foreign owned gold mines amid Kyrgyzstan’s political upheaval
Mongolian government issues "Nomad" bond on international market
Kazakh fintech leader Kaspi.kz eyes October listing on LSE
Mail.ru Group plans to raise $600mn on London Stock Exchange
Russian e-commerce giant Ozon preparing for US IPO by end of 2020, beginning of 2021
Russian residential real estate group Samolet Group to IPO on MOEX as mortgage subsidy programme drives Russia’s real estate growth
17 Mail.Ru buying spree: My.Games invests in 3 game studios in
3 weeks
18 Ukraine must choose east or west in the Motor Sich sale saga
19 nChain acquires Slovenian software firm Equaleyes
20 From Moscow to Berlin, digital music startups attract top investors
21 Russia to launch self-driving tram and vessel experiments
22 Russian e-commerce leader Wildberries launches in Ukraine
22 Moscow Metro to introduce facial payment technology
23 Fintech giant Revolut moves business customers to Lithuania ahead of Brexit
23 US health and beauty online giant iHerb plans to invest $100mn in Russia
24 Facebook ‘refusing compliance with Erdogan’s social media law’
COVER FEATURE
27 Russian online economy is booming
30 The Russian retail digital revolution of the X5 supermarket chain
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34 Russian tech deals galore