Croatia is showcasing some of its leading companies during a seminar organised on September 29, in London. The event will be opened by Zoran Milanović, Croatia’s Prime Minister, and will focus on five sectors of the country’s economy: food processing, tourism, pharma, energy and technology.
“Over the last 10 years, revenues of Bulgarian local IT companies have grown by 600 per cent. Now, Bulgaria ranks third in global rankings of most attractive outsourcing destinations after a leap of 11 places, said Rosen Plevneliev, Bulgarian President at the opening of the Outsourcing Destination Bulgaria conference in Plovdiv. Continue reading Revenues Of Bulgarian IT Companies Have Sextupled In the Last Decade
While VAT revenue collection has failed to show significant improvement across EU member states — 15 of them including Latvia, Malta and Slovakia saw an improvement in their figures and 11 such as Estonia and Poland saw deterioration — Slovenia leads the countries of Emerging Europe with only a 5.8 per cent VAT gap, compared to 15.2% of revenue loss due to fraud and evasion, tax avoidance, bankruptcies, financial insolvencies and miscalculation across the EU. Not only is Slovenia’s VAT gap the lowest in the region but in 2013 the country improved its VAT collection by 3.3 percentage points says a recent CASE report commissioned by the Directorate General for Taxation and Customs Union (TAXUD) of the European Commission. Continue reading Slovenia is the CEE region’s leader in VAT collection
The EBRD, together with the Ministry of Agrarian Policy and Food of Ukraine, is co-organising a business forum, “Investing in Ukrainian Food and Agriculture”. The event is taking place on September 15, 2015 at the EBRD head quarters in London. Continue reading Investing in Ukrainian Food and Agriculture
Companies located in the Minsk region attracted €3.8 billion of FDI in the first six months of 2015. The Main Statistical Bureau of Minsk City reported that out of that, 42 per cent were companies specialised in trade, 30.3 percent in transport and 14.6 per cent in communications. The main countries investing in the region were Russia, the United Kingdom and the Netherlands, which accounted for 39 per cent, 26.7 per cent and 14.3 per cent of investment respectively. Continue reading Foreigners choose Minsk and Gomel as Belarus’ most attractive FDI destinations
The government of Albania believes free economic zones will spur the development of the Albanian economy and has launched the new Technical and Economic Development Areas (TEDAs) programme. The Ministry of Economic Development, Tourism, Trade and Entrepreneurship (MZHETTS) will soon start the tendering procedure for the selection of developers in these areas. Continue reading Albania is creating three free economic zones
The Germany-based market leader in packaging solutions Multivac is ready to invest €15 million into the construction of a new production facility in Bulgaria. This became clear at a meeting of the Minister of Economy, Bozidar Lukarski, with Christian Trauman, Manager of “Multivac”, and Ivaylo Dimitrov, who manages the Bulgarian branch of the German company.
“Belarus-Turkey cooperation has huge potential. It is not just another popular phrase mentioned during bilateral talks. It is true. There are huge opportunities for expanding mutually beneficial trade and economic cooperation. Now, the Belarus-Turkey trade stands at $400 million, but it is obvious that the figure fails to reflect the existing opportunities. Belarus and Turkey are mutually complementary in the industrial sphere,” said Elnur Osmanov, Deputy Coordinator of the Turkey-Eurasian Business Councils in the Foreign Economic Relations Board (DEIK) under the aegis of the Turkish Economy Ministry, in Grodno on August 12. Continue reading Belarus-Turkey Investment Forum to increase investment and trade between the two countries
Despite difficult financial conditions and increasing competition, the first six months of 2015 brought revenues of $316.7 million for High-Tech Park in Minsk, thus exceeding the figure for the same period of 2014 by 30 per cent. Continue reading High-Tech Park in Minsk is growing rapidly
The Slovak Investment and Trade Development Agency (SARIO) invites business people to the largest and most prestigious event from the series SARIO BUSINESS LINK — the Slovak Matchmaking Fair 2015, which will take place on November 10, 2015 in Bratislava. Continue reading The Slovak Matchmaking Fair open for registration
The 25th Economic Forum in Krynica-Zdrój is scheduled on 8-10 September, 2015. “How to build strong Europe? Strategies for the future” is the title of the plenary session opening this year’s Forum. Participants in the debates will be looking for answers to the main challenges that the Old Continent has to address in the face of internal and external threats. The discussion will concentrate on economic and political issues inside the community, as well as security issues connected with the situation in Ukraine and North Africa. Continue reading Towards a resilient Europe, strategies for the future
In the latest edition of the Martin Prosperity Institute’s annual Global Creativity Index 2015, Belarus ranked 37th, not only higher than other Eurasian Economic Union country but also better than some of the country’s EU neighbours like Latvia, Lithuania and Poland. Continue reading Belarus is the most creative EEU country