Holiday Inn, the largest hotel brand in the world, is planning to open a major new property in Latvia’s capital Riga by September 2022. The hotel will be located in the...
Business
Coinciding with the FTSE Russell upgrade of Poland from emerging to developed market status, Bank Pekao, the country’s second largest lender, has opened a representative...
The Lithuanian global business service (GBS) sector saw 17 per cent growth in 2017, according to a new report from Lithuania’s investment promotion agency, Invest...
Czech car producer Škoda has announced that it is investing two billion euros in the development of electric vehicles and automation. Without such an investment Škoda...
Estonian fashion group Baltika is set for major expansion in Slovenia and Croatia through the Slovenian retailer Montecristo. “Expanding to new markets is a very...
Poland’s two biggest parcel locker players, state-owned Poczta Polska and InPost (part of the American Advent Group), are locked in battle over a market worth 6 billion...
Finding current and reliable news about Ukraine’s economy, investment and business in its English-language media can be a challenge. Many articles published today focus...
Automotive manufacturer Ford has opened a new regional European business service centre in Budapest. By the end of the year it will employ 700 people, becoming the...
The International Finance Corporation (IFC), a member of the World Bank Group, expanded its operations in Europe and Central Asia during its last fiscal year (which...
Romanian unicorn UiPath – which develops platforms for Robotic Process Automation (RPA) – has reportedly completed a new funding round at a 3 billion US...
Lithuanian supermarket giant Maxima has raised 300 million euros via a five-year bond issue on the international capital markets. Bonds were purchased by more than 60...
Private-equity consortium Blackstone Group has agreed to pay one billion euros to Nordea and DNB for 60 per cent of their joint lender in the Baltic region, Luminor...
