Blog

Feb 22
Expat Essentials: Your Complete Guide to Moving Abroad

Are you considering a life-changing move abroad?  Whether you’re seeking new opportunities, cultural immersion, or adventure, becoming an expatriate offers a world of possibilities. Before you set sail for your new home, arm yourself with the essential information you need for a seamless transition. Here’s your comprehensive roadmap to making the most of your expat […]

Jan 25
Unlocking Romania: Guide to the Cost of Living and Lifestyle

Have you ever considered making a move to Romania?   Nestled in the heart of Eastern Europe, this country is gaining attention for its picturesque landscapes, rich history, and, most notably, its affordable cost of living. Whether you’re a solo adventurer or planning to relocate with your family, Romania might just be the hidden gem […]

Jan 16
Romania’s OMV Petrom Signs Deals to Acquire Green Projects

Romanian largest oil company OMV Petrom said it will acquire from RNV Infrastructure a 50% stake in Electrocentrale Borzesti, which holds approximately 1 GW capacity of renewable projects, out of which 950 MW wind and 50 MW photovoltaic. “The projects will be further developed, built, and operated in partnership with RNV Infrastructure,” OMV Petrom said […]

Jan 15
North Macedonia’s Alkaloid Opens 3.8 Million Euro Facility

Pharmaceutical company Alkaloid said it has opened a 3.8 million euro facility. The new 4,100 square metres building offers a centralised solution for employee preparation and navigation within the Pharmaceuticals Manufacturing plants, featuring over 900 wardrobe spaces intended for employees, the company said in a statement. “The complexity of this investment phase stems from the need […]

Jan 08
North Macedonia’s Dec Catering Price Index Up 6.5% YoY

North Macedonia’s catering price index in December 2023 rose by 6.5% compared to December 2022, the country’s statistical office said. In comparison with November 2023, the December catering price index increased by 0.5%, the statistics office said. Compared by groups of services, there was an increase in the index of Food by 0.5% and Alcoholic […]

Dec 27
Pivara Skopje Conducts Over 100 “Skills for Success” Trainings

Pivara Skopje brewery said it has conducted over 100 complimentary “Skills for Success” trainings within the Youth Empowered digital platform. “Close to 8,000 individuals, including youth and those from vulnerable demographics, have successfully finished these trainings either at the company’s Educational Center or through online channels,” the company said in a statement. The statement added […]

  • Brewing
Dec 22
EIB, Romania’s BRD Sogelease Sign 50 Million Euro Loan Deal

The European Investment Bank (EIB) said it has signed a 50 million euro loan agreement with Romania’s BRD Sogelease to support the country’s businesses and national economy. “The arrangement will create new opportunities for small and medium-sized enterprises (SMEs) and mid-caps, and will contribute to general sustainable growth,” EIB said in a statement. Through this […]

Dec 22
North Macedonia’s Oct Net Salary Up 17.3% YoY

North Macedonia’s net salary in October 2023 rose 17.3% year-on-year to 38,843 MKD (630.5 euro), the country’s statistical office said. This increase is caused by the increase of October’s average monthly net wage paid per employee in the sectors: Public administration and defense; compulsory social security (26.2%), Water supply; sewerage, waste management, and remediation activities […]

Dec 20
US-based Cargill Invests $78 Million in Efficiency and Sustainability Projects in Fiscal Year 2023

US-based global food corporation Cargill said it has invested $78 million in efficiency and sustainability projects within its operations in the fiscal year of 2023. The company aims to reduce greenhouse gas emissions in its operations by 10% by 2025 and to cut by 30% the gas emissions in its supply chain per ton of […]

Dec 19
PepsiCo Invests $13 Million in its Romanian Production Site

American multinational food, snack, and beverage corporation PepsiCo has announced a 13 million investment in the most sophisticated production line in its Romanian site in the town of Dragomiresti, the Romanian unit of PepsiCo reported. The production line is considered the most automated in the PepsiCo portfolio in Europe and can have a production capacity […]