Bulgaria’s national gas transmission company Bulgartransgaz and Saudi-led engineering consortium Arkad have signed a construction contract worth 1.1 billion euros to...
Business
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...
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...
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...
