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)...
Business
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...
North Macedonia-based lender Ohridska Banka said on October 29 that Austria’s Steiermarkische Bank und Sparkassen has successfully closed a buyout bid for a...
Czech pharmaceutical firm Zentiva has bought the Central and Eastern European business of Alvogen, for an undisclosed amount. Alvogen CEE markets over 200 generic and...
Central European Media Enterprises (CME), which operates some of the most popular TV channels in Central and Eastern Europe, has announced that it is set to be acquired...
Azerbaijan’s state energy company SOCAR has signed a memorandum of understanding with Romgaz, Romania’s largest oil producer, to cooperate on geological exploration, as...
