Banks could lose up to 280 billion US dollars in payments revenue by 2025, as an increasing number of start-ups, such as Estonia’s TransferWise, make sending money...
Business
The European Bank for Reconstruction and Development (EBRD) is extending financial package worth 160 million euros to UniCredit Bank Serbia to address key challenges...
Albanian and Western Balkans tech start-ups have once again been invited to take part in the UK-Albania Tech Hub, now in its third year. The hub aims to facilitate...
Ukraine’s Ministry of Energy and Coal Mining has cancelled a contract with US-based energy investment company Trident Acquisitions, stripping the company of its...
Car manufacturer Audi is testing a new method of body sealing, known as digital sealing, at its Hungarian plant in Győr A robot-guided applicator deposits ultra-fine...
Ingka Group, which owns and operates most of the world’s IKEA stores, said on September 13 that it would buy an 80 per cent stake in seven Romanian wind farms...
European proptech start-up Consorto, which has offices in Estonia and the Netherlands, has raised 500,000 euros in a seed round. Consorto, which is believed to be the...
Czech utility company CEZ has initiated the process of divestment of its Romanian assets, and is considering the sale of seven companies (Energy Distribution Oltenia...
Fashion giant H&M is planning to open several stores in Belarus, with the country keen to also see the Swedish company manufacture clothes in the country. “We talked...
The National Resources and Environmental Protection Ministry of Belarus has announced that the Belarusian government has raised 40 million US dollars of foreign...
Slovenian energy group Petrol has signed two cooperation contracts with Russian companies. Petrol will work with the electricity generation company T Plus Group on...
Swedish home appliance manufacturer Electrolux is investing 100 million euros in its plant in Nyíregyháza, eastern Hungary, in order to increase the competitiveness of...
