Hungary has inaugurated ZalaZone, a test track for self-driving cars. The investment in the project was 45 billion Hungarian forints (137 million euros). “The future...
Business
China has launched a joint China-Latvia cross-border e-commerce hub at the Baltic Container Terminal in Latvia’s capital Riga. China is Latvia’s biggest Asian trading...
Sev.en Energy has bought two Czech coal-fired power plants, Kladno and Zlín, from Swiss electricity producer Alpiq for 280 million euros. “The strategic transition...
The Estonian government has approved a bill to toughen regulations which cover the activity of virtual currencies. “We have learned our lesson from the banking sector...
Sweden’s largest lender, Handelsbanken, is the latest bank to announce that it will be leaving the Baltic market, closing its branches in Estonia, Latvia and Lithuania...
Oil and gas company Exxon Mobil could replace Russian gas thanks to an investment in the Romanian Black Sea. However, if this doesn’t happen by September, the Hungarian...
Billon, a Polish-British fintech company, has been awarded approximately two million euros in funding from the European Commission’s SME Instrument programme, part of...
Globalworth, the leading institutional office investor in Central and Eastern Europe, with focus on its two main markets, Poland and Romania, has successfully completed...
Hoping to attract more foreign investors, the Slovenian Equity Growth Investment Programme (SEGIP) is offering funds worth 100 million euros to small and medium-sized...
Bosnian energy company Luminos has opened a new plant in Hadzici, near Sarajevo, where it will produce LED panels for apartments, houses and offices. “We offer top...
Automotive giants Hyundai and Kia have invested 80 million euros in Croatian electric car company Rimac, hoping that the partnership will lead to further development of...
German real estate fund ECE has purchased two Polish shopping centres from Atrium European Real Estate for a combined 298 million euros. The two sales, of Atrium...
