Romania has become the first country within the Orange Group’s footprint to commercially launch 5G services. The 5G network in Romania was launched on November 5 today...
Business
Chinese telecommunications giant Huawei will cooperate with Hungary in building the country’s 5G network, Hungarian foreign affairs and trade minister Péter Szijjártó...
Baltic seed investor Change Ventures has announced that over 30 million euros of capital has been committed to its Change Ventures Fund II, 21 million euros of which was...
The Bulgarian branch of Modis, an infrastructure and BPO solutions company focused on developing cloud services and application development and support, has won a Gold...
Hungarian energy group MOL has acquired a 9.57 per cent stake in Azerbaijan’s Azeri-Chirag-Gunashli (ACG) oil field and 8.9 per cent in the Baku-Tbilisi-Ceyhan (BTC)...
The Czech Republic-based international finance and investment group PPF, owned by Petr Kellner, the richest person in the Czech Republic, has sold 25 per cent of its...
Prague-based Central European energy group EPH has completed the acquisition of 80 per cent of the shares of Irish gas power plant Tynagh Energy. Tynagh Energy is an...
Hungarian oil group MOL has signed a memorandum of understanding with Russian oil provider Lukoil regarding compensation for damages caused by the contamination of the...
The European Investment Bank (EIB) is providing a US dollar loan worth the equivalent of up to 4.1 million euros to JSC MFO Crystal, a leading microfinance company in...
The net profit of the Ukraine’s state-owned PrivatBank increased to 27.4 billion hryvnias (983.6 million euros) during the first nine months of the year, 5.4 times more...
A-LIGN, a US-based cybersecurity and privacy compliance solutions provider, has announced the opening of a new office in Sofia, Bulgaria. The new location marks the...
The European Commission has approved Romania’s plans to inject 200 million euros of capital in the state-owned CEC Bank. The commission found that the...
