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...
Business
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...
Balkan telecoms and media company United Group, owned by BC Partners, has agreed to acquire Bulgaria’s leading telecoms operator Vivacom for an undisclosed sum. Reuters...
Globalworth, one of the leading office investors in Central and Eastern Europe, has entered into a new 200 million-euro unsecured revolving credit facility (RCF) with a...
Equinix, the global interconnection and data centre company, has announced plans for a new data centre in Warsaw, set to open in the first quarter of 2020. Known as WA3...
Serbia’s government has signed a memorandum of understanding with Chinese technology giant Huawei to develop an artificial intelligence (AI) platform. The...
US online retail giant Amazon has opened a new e-commerce logistics centre in Poland that will employ close to 1,000 people in the long term, Polish news agency PAP has...
Turkish industrial firm MNG will build a solar power plant (SPP) in Bronykivska, northern Ukraine, Ukrainian news agency Ukrinform has reported. According to a statement...