According to the source, Xiaomi applied for an EU trademark for the name POCOPHONE at the end of May. So there is a high chance phones released under this new brand will make it to Europe.
According to the NCC listing, the device is manufactured by Xiaomi Communications Technology Co., Ltd but instead of Redmi or Mi as the brand name, POCOPHONE is what was filed in the document.
The specs for the device are unknown but the NCC document reveals it supports FDD-LTE bands 3, 7, and 8. It also has support for GPS, GLONASS, and BeiDou.