Twisto, a multi-currency card with a credit option, is now set to expand into Poland in October, and Romania soon after. Twisto is the creation of Czech Michał Šmída...
Business
Czech energy group CEZ will provide a convertible loan of two million euros to European Metals Holding (EMH), which will see CEZ become EMH’s largest shareholder...
British luxury car maker Bentley opened a dealership in Ukraine’s capital Kyiv, calling it an important step towards strengthening its presence in Central and Eastern...
Real estate developer RC Europe, founded by Czech investors Miroslav Hartman and Jan Prokop – two former directors of German retailer Lidl – has completed the...
Estonia-based Xolo (formerly known as LeapIN) has secured 6.8 million US dollars for its ‘virtual company service’ that allows pro freelancers from across the globe to...
Holcim Romania, part of the Swiss LafargeHolcim Group, one of the world’s leading suppliers of cement and ready-mixed concrete, has agreed to by Somaco, a Romanian...
Polish investment fund Innova Capital has bought the Romanian optician Optical Network for an undisclosed sum from the Cypriot-based Cylatrea Investments, profit.ro has...
Croatian robotics company Gideon Brothers has launched a pilot project with Croatia’s food, drinks and distribution company Atlantic Grupa, it was announced on...
Just a day after an English court dismissed an attempt by offshore entities to challenge the ownership of Vivacom, Bulgaria’s largest telecoms company, the Financial...
The European Investment Fund (EIF) and Alpha Bank Albania have signed a 25 million-euro agreement for the financing of Albanian SMEs, as part of the EU’s COSME Loan...
First Bank, formerly known as Piraeus Bank Romania, has completed its acquisition of a 99 per cent stake in Bank Leumi Romania, a subsidiary of Bank Leumi Israel, after...
Bosnia’s heavily-indebted aluminium producer Aluminij Mostar shut down operations early on July 10 after recent bail-out talks between the government of the...
