The Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó has announced that British retail giant Tesco Group will open a new business and technological...
Business
Slovenian home appliances producer Gorenje has announced plans to move its entire refrigerator production to the Serbian city of Valjevo. “Gorenje has invested four...
Croatia’s Ministry of Regional Development and EU Funds and the Croatian Bank for Reconstruction and Development (HBOR) have signed an agreement to set up the ESIF...
Consumers in Poland have been increasing their spending on luxury goods over the last few years. According to data from KPMG and Euromonitor international, Poles spent...
The European Union has urged Bosnia and Herzegovina to re-open and re-examine a decision to guarantee a Chinese loan to power utility EPBiH for the construction of a new...
The Romanian residential market is not as stable as it used to be. While oversupply, due to speculative development, has been the main threat for many years, now the...
Spanish automotive supplier Grupo Antolin has dismissed at least 100 employees in its plant in Hungary due to a decline in orders and has warned that hundreds of other...
Greece’s largest lender, Piraeus Pank, has sold its Albanian subsidiary Tirana Bank to Balfin Group and North Macedonia’s Komercijana Banka. Piraeus said it...
According to a recent survey published by the Serbian Chamber of Commerce and Industry (PKS), while just three per cent of Serbian business are majority-owned by...
Poland’s mBank, part of the German Commerzbank, has granted a 10 million-euro loan to the Lithuanian Modus Group in order to finance solar power projects in Poland. “Our...
Automotive giant Bosch is investing an additional 30 million euros to upgrade its plant in Hatvan, eastern Hungary. “The world is undergoing significant changes, state...
Korean battery producer SK Innovation is investing additional 239 billion forint (750 million euro) in its plant in Komarom, northern Hungary. The construction of the...
