A sense of optimism has taken hold amongst Slovenian businessmen. According to the Institute for Strategic Solutions, many top business executives are looking positively at the year ahead. In the long term however, Slovenia needs to make comprehensive changes to preserve development and prosperity. Continue reading Slovenia: An Optimistic, Export-Led Economy with First-World Problems
Professional services provider Deloitte has established a Cyber Intelligence Centre (CIC) in Budapest for managing cybersecurity in Central Europe, to counter threats targeting financial institutions and other sectors, including the automotive, manufacturing, healthcare, mining, telecommunications and entertainment industries, where incidents have ranged from extortion campaigns to business disruptions.
The Azerbaijani energy company SOCAR has expressed an interest in investing in the Bulgarian gas transmission network. The news was reported by Azerbaijan President Ilham Aliyev himself on the occasion of a visit by the Prime Minister of Bulgaria Boyko Borissov to the central Asian country.
Four Emerging Europe countries are among the leading nations ranked in the first edition of the World Economic Forum’s (WEF) Readiness for the Future of Production report. The report takes into account a country’s readiness to capitalise on future production opportunities, mitigate risks and challenges, and be resilient and agile in responding to unknown future shocks.
P&O Maritime, owned by the world’s largest port operator DP World Group, has officially entered the Ukrainian market, acquiring a controlling stake in the towing company LB Shipping. The deal had been in the works since Ukraine’s Minister of Infrastructure, Volodymyr Omelyan, signed a memorandum of understanding with P&O Maritime in 2016. Continue reading P&O Maritime Enters Ukrainian Market
Vytenis Povilas Andriukaitis, the European commissioner from Lithuania in charge of health and food safety confirmed on December 5 that there is no evidence food products supplied to the countries of Central and Eastern Europe (CEE) are of poorer quality than in Western Europe. The row over CEE groceries, however, looks far from being over.
Prague was CEE’s top performer for office investment during the first nine months of 2017, the Czech capital seeing deals worth a total of 746 million euros completed during that period. The rise in investment activity over the past few years reflects growing investor appetite in view of the market’s economic and political stability, transparency and higher returns.
The European Union’s Innovation and Networks Executive Agency (INEA), Polish operator Gaz-System and its Slovak counterpart Eustream have signed an agreement to construct a new gas pipeline connecting Poland and Slovakia.
Slowly but steadily, Belarus continues to liberalise its regulations to attract more foreign investment. The country’s president, Alexander Lukashenko, recently signed a decree on the development of the digital economy, thus making Belarus the first world’s jurisdiction with overall legal regulation of businesses based on blockchain technology.
The Moldovan business environment has positively welcomed a set of laws limiting state abuse of business. The initiative was led by the Democratic Party and will reduce the competences of some state structures, especially of the police, in order to ensure predictability and transparency of state control and create a more favourable environment for doing business. Continue reading Moldovan Government Hails Business-Friendly Legal Reforms; NGOs Remain Cool
Bringing together 192 companies from 20 countries, the 23rd Azerbaijan International Telecommunications and Information Technologies Exhibition and Conference (Bakutel 2017, held from December 8-12) gave Azerbaijan another chance to confirm itself as an important ICT hub.
I remember very well my first Christmas in Hungary. One of my colleagues had invited me to a Christmas dinner at his house. It was a cold and snowy day but as soon as I stepped into his home I was hit by the warmth of the fire and a wonderful smell of food. I asked if I could wash my hands. My host pointed me to a door. I almost screamed when I entered the restroom: two carp were happily swimming in the bathtub. Merry Hungarian Christmas, Claudia.