Office supply retailing company Office Depot Europe is selling its Czech and Slovak subsidiaries to strategic buyer PBS Holding, a leading reseller of office supplies...
Business
Hungarian banking group OTP has completed the acquisition of the Serbian unit of French banking group Société Générale, the local subsidiary of OTP said on September 25...
Neckermann Poland, a subsidiary of Thomas Cook, the UK travel operator which went bust on September 23, has ceased operations. In a statement, Neckermann said that...
Electric car manufacturer Tesla is likely to enter the Slovak, Croatian and Serb markets by the end of 2020. “Hoping to open in Slovakia, Croatia, Serbia and most of...
Slovenia’s national airline, Adria Airways, has suspended operations, but has claimed that the move is temporary. All of Adria’s flights scheduled for...
Croatia’s government is granting 250 million kuna (33.7 million euros) to stabilise Croatia Airlines ahead of a recapitalisation procedure. “Croatia needs a national...
Estonian-American start-up Snackable AI, which has created an artificial intelligence-based audio content search engine, has raised 1.27 million euros in seed...
Slovakia’s ambassador to Belarus Jozef Migas has announced that the country is planning to invest around 15-20 million euros in the Belarusian agricultural sector...
Bulgaria’s national gas transmission company Bulgartransgaz and Saudi-led engineering consortium Arkad have signed a construction contract worth 1.1 billion euros to...
Turkish car parts maker Feka Automotive has started the construction of a 15 million-euro factory in Cuprija, central Serbia. Feka Automotive plans to hire 110 workers...
The European Commission has approved the merger of German energy companies E.ON and Innogy. “It is important that all Europeans and businesses can buy electricity and...
US-based international credit ratings agency Fitch has upgraded the long-term foreign-currency issuer default ratings (IDR) of Naftogaz, Ukraine’s national gas holding...
