GE has launched a recruitment campaign for its Power’s Grid Software Solutions (SWS) centre in Bucharest. GE Power’s Grid Solutions, which helps enable utilities and industry to effectively manage electricity from the point of generation to the point of consumption, serves customers globally with over 19,000 employees in approximately 80 countries. Continue reading GE Inaugurates Its New Bucharest Software Centre
Can a single economic space spanning from Lisbon to Vladivostok exist? Is a closer collaboration between the European Union (EU) and the Eurasian Economic Union (EEU) possible? The time will show but the idea has already been developed and has been included in the Berlin Memorandum. Continue reading Doing Business Across Eurasia Could Be Easier
The Sarajevo Stock Exchange (SASE) became an active member of the SEE Link network, enabling trading on the respective market. The SASE is the fourth stock exchange that has actively joined SEE Link after three founding stock exchanges and the seventh stock exchange in a row. Continue reading Sarajevo Stock Exchange Connected to SEE Link
The Croatian economy is among the least unstable economies, Bloomberg global risk index reports. Out of 82 countries evaluated, the country ranks ninth, while in the top three we find Hong Kong, Switzerland and Singapore. The US closes the index. Continue reading A Risky Evaluation of Croatia’s Economy?
The fuel and energy-related industries are allegedly corrupted areas of the Ukrainian economy, a recent report suggests. According to the National Anti-Corruption Bureau of Ukraine (NABU), the damages amount to UAH 20 billion (€650 million). Continue reading Investigations Into the Corrupt Ukrainian Fuel and Energy Sectors
The first Digital Business Space has opened its doors in Sarajevo; helping the city reach the level of other advanced metropolises. The concept, which was developed by the South Eastern European Business Agency (SEEBA), aims to offer business people a working place in the city centre. Continue reading Digital Business Space Gives All Businesses an Office in Sarajevo
Serbia, Belarus and Ukraine are amongst the least open for business out of the 80 economies included in the recent ‘Best countries to start a business’ report by US News & World Report, the Wharton Business School and BAV Consulting. The countries rank 75th, 77th and 78th respectively. Continue reading Serbia, Belarus and Ukraine Ranked Lowly by Wharton Business School
The first non-EU entrepreneurs have completed the application process and are about to establish their businesses in Lithuania, within the government’s Startup Visa programme. The Startup Visa legislation, which was approved in 2016 and is now fully operational, makes it easier for non-EU nationals to get a temporary residence permit, provided they operate in an innovative field and have enough financial resources to achieve their goals for one year. Continue reading Lithuania Gives Innovation a StartUp
Over 90 per cent of the $956.8 million Belarusian IT market is external and involves exports. In 2016, the share of IT exports, in the country’s total exports of goods and services, accounted for 3.25 per cent, up from 0.16 per cent in 2015, according to EY’s ‘The IT Industry in Belarus: 2017 and Beyond’ report. Continue reading EY: Belarus’ IT Scene Is Thriving
Estonia might be the first country in the world to offer its own token through an Initial Coin Offering (ICO). ‘Estcoins’ would be managed by the Republic of Estonia, but accessed by anyone in the world through its e-Residency programme. They would be launched through an Initial Coin Offering (ICO), which would enable companies to crowdfund their finance and incentivise a wide range of people to help grow their businesses.
Continue reading Estcoin: Estonia’s Own Digital Currency?
Instead of using the Lithuanian ports, Belarus should use Russia’s Baltic ports in the Gulf of Finland, Saint Petersburg and Ust Luga, to transport its oil products made from Russian crude oil, said Russian president, Vladimir Putin during his recent visit to Russia’s Baltic Sea exclave of Kaliningrad, sandwiched between Poland and Lithuania. Continue reading Putin Urges Belarus to End Oil Transit Through Lithuania
Ukrainian Prime Minister, Volodymyr Groysman, vows to restart privatisation, which is a strict condition of the next bailout tranches granted by the International Monetary Fund (IMF), for the autumn of 2017. That is why the government has pledged to sell the Odessa Portside Chemical Plant as well as the shares in eight regional electricity suppliers. Continue reading Ukraine to Restart Privatisation to Realise Profits