The World Bank Group has announced plans to establish a second shared services centre in Sofia, Bulgaria to provide back office corporate and technology support to the...
Business
INVL Asset Management, one of Lithuania’s leading asset management companies, has completed a first closing of the INVL Baltic Sea Growth Fund, a closed-end private...
Hungary has been ordered to pay 73 million euros before interest to French food services company Sodexo, after the International Centre for Settlement of Investment...
Societe Generale has agreed to sell its majority stake in Moldovan bank Mobiasbanca Societe Generale to Hungary’s OTP as the French group continues its retreat...
Retail bank Luminor is set to lay off off around 800 members of staff in the Baltic States in 2019. Around 130 employees in Estonia, 250 employees in Latvia and 420...
Czech energy group Sev.en Energy is acquiring a 50 per cent stake in the independent power generator InterGen. InterGen has a portfolio capacity exceeding 4,000 MW with...
Croatia’s Minister of Maritime Affairs, Transport and Infrastructure, Oleg Butković, has said that the country’s troubled national airline, Croatia Airlines...
Orbico, one of the largest distributors of consumer goods in Central and Eastern Europe, has agreed a deal to buy 60 per cent of Romania’s leading distributor...
Rolling stock manufacturer PESA Bydgoszcz has signed a deal with Stolichen Electrotransport EAD in Sofia to supply the Bulgarian capital with 13 Swing trams. The deal is...
German group Sunfarming has secured 20 million euros in debt financing for the construction of 40 MW of solar photovoltaic (PV) parks in Poland. The Polish subsidiary of...
The Czech Republic’s taxation authority has excluded the Chinese IT company Huawei from a public tender procedure to build a tax portal for almost 20 million euros. The...
The International Finance Corporation, a member of the World Bank Group, is providing a 55 million-euro loan to Garanti Bank Romania to help finance small and medium...
