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Romanian environmental NGO Plantam Fapte Bine planted 20,000 trees in Alba County in a planting campaign last week, the organization said. The planting project was supported by employees of JYSK from the area and children from the elementary school in the town of Abrud, Alba County, the organization said on its website. Since the beginning […]

Bulgarian unit of German retailer Billa will invest 68 million BGN (34.7 million euro) in opening of 12 new shops and in reconstruction of 11 existing stores in 2024, Bulgarian weekly newspaper Kapital reported. Billa Bulgaria will also invest 3.0 million BGN (1.5 million) in photovoltaic installations at the roofs of five of the company’s […]

Romanian Underline Ventures has closed their first fund at $20 million, tech-focused portal The Recursive reported. The fund was raised fully with private money amid the investment slowdown,  and it has already finalized seven investments in Romania, Croatia, Serbia, and the broader Eastern European diaspora, The Recursive quoted Bogdan Iordache, General Partner at Underline Ventures. […]

Investment company Accolade has obtained a building permit to build its first industrial building of around 50,000 sqm in the north of the Croatian capital of Zagreb, real-estate web portal Property Forum reported. This is a country with great potential, which this year became part of the eurozone and the Schengen area. In addition, Croatia […]

Slovenian insurer Sava posted a net profit of 36.5 million euro in the first nine months of 2023, 4.5% more than in the same period a year ago, the company’s non-audited financial results showed. In the summer of 2023, Slovenia and the wider region were hit by a wave of storms and floods with a […]

Bulgarian Consumer Price Index (CPI) increased by 5.8% annually in October, the country’s statistical office said. Compared to September, the inflation was 0.4%. An increase was registered in sectors for recreation and culture (+6.7%), clothing and footwear (+5.7%), education (+1.1%), furnishings, household equipment, and routine maintenance of the house (+0.8%). The highest decrease was recorded […]

Two Israeli companies invested 102 million euros in a photovoltaic power plant in Romanian Arges County, Romanian portal Economedia.ro reported. The 170-hectare facility has a power capacity of 155 MW, the portal added. According to Energy Industry Review, the power plant is expected to produce 220 GWh per year and can supply 100,000 households which […]

Serbian unit of Germany’s tech conglomerate Siemens said that digitalization is a pre-condition for successful business in Serbia. It should not be seen as an investment or an expense, but as the only way to catch up with the technological development of the global economy, it was said at a conference organized by Siemens Serbia. […]

Retailer Lidl Hellas said it will invest 120 million euro in Greece in the next three years, Greece’s daily newspaper Kathimerini said. The investment program includes opening of new stores and warehouses, the newspaper quoted Lidl Hellas’ CEO Martin Brandenburger. Lidl Hellas added value to Greece’s economy was 953 million euro in 2022, which equals […]

Number of tourists that visited North Macedonia has increased 21.8%, the country’s statistical office showed. According to the data of the statistical office, the number of tourists in September alone was 124 800, out of which 27.9% were domestic tourists and 72.1% were foreign tourists. The number of nights spent in September 2023 was 256,831, […]