Slovenian household appliance manufacturer Gorenje, whose main shareholder is the Chinese Hisense Group, has sold its Serbian-based unit Gorenje Tiki to Swedish water heater maker Nibe Industrier for an undisclosed sum, the company said in a...
Business
Ukrainian alternative energy developer UDP Renewables, part of the UFuture Investment Group, has launched a new photovoltaic power plant in the Pervomaysk, southern...
DSV Solutions, which specialises in advanced warehouse logistics solutions, has leased a further 3,500 square metres of modern warehouse space at the Pomeranian...
The European Union’s bank, the European Investment Bank (EIB), has announced that it will end financing for fossil fuel energy projects from the end of 2021...
Dutch-based logistics company Raben Group has opened its first branch in Bulgaria, in the capital Sofia, aiming to pursue further development opportunities in the...
Chinese IT company Quectel Wireless Solutions has opened a research and development centre in Belgrade, Serbia, with the aim of reinforcing its global R&D structure...
Emerging Europe’s largest low-cost airline, Wizz Air, has reported a profit of 371.5 million euros for the first half of 2019, a year-on-year increase of 87.1 per...
Czech energy group CEZ has appealed the Bulgarian competition regulator’s decision to block its 335 million-euro deal to sell its local assets to financial and...
Serbia’s national airline Air Serbia carried 240,696 passengers in October 2019, 13.37 per cent higher than the same month of last year. “We are very...
Node, the first turnkey AI-as-a-service platform focused on powering predictable business outcomes, has opened a new office in Novi Sad, Serbia. The Silicon Valley-based...
Italian electrical appliances manufacturer Thermowatt has opened a new plant in Svilajnac, central Serbia, the Serbian Monitor has reported citing a statement from the...
Leading real estate group CPI has acquired the Equator IV office building in central Warsaw, Poland. Equator IV offers more than 20,800 square metres of gross leasable...
