Packaging company DS Smith said it is investing 16 million euro in its production facility in the Serbian town of Krusevac. The investment will increase the production capacity by 25% and significantly increase productivity, DS Smith’s Serbian subsidiary said in a statement, adding that it is part of DS Smith’s ambitious growth strategy in Eastern […]
IMPETUS Capital, through its program for supporting space, mobility, and commerce will invest a total of 900,000 euro in three startups in Southeast Europe. IMPETUS will invest 300,000 euro for a 10% stake in three selected companies, the company said in a statement. The winners will be chosen through a multi-stage process, culminating in a […]
Egypt-based startup Partment said it is expanding in Greece through a partnership with Greca Homes. “Partment’s launch in Greece after a successful 1st operational year marks a significant milestone in offering innovative proptech solutions and making second homes ownership hassle-free, to both the Egyptian and global markets,” the company said on its website. The real […]
Information and communication technology (ICT) specialists online job advertisements in the European Union accounted for 8.5% in the period between the fourth quarter of 2022 and the third quarter of 2023, data from Eurostat showed. Slovakia (16.5%), Cyprus (14.8%), Luxembourg (14.7%), Austria (14.4%), Portugal (13.7%) and Bulgaria (13.6%) had the highest percentages of online job […]
Bulgarian PM Nikolay Denkov said Belgian battery producer Avesta Battery & Energy Engineering (ABEE) is planning to invest 1.1 billion euro for battery production in Bulgaria, news agency BTA reported. ABEE has an intention to produce a new generation of solid-phase lithium-ion batteries, which are widely used in the automotive industry and also in other […]
The European Commission is supporting Austria’s “Air Schengen” proposal that would permit Romanian and Bulgarian citizens to travel to Schengen countries by air without passport control. The talks to implement the proposal are underway, SchengenVisaInfo.com reported. Austria, which has continuously opposed the accession of Romania and Bulgaria to the Schengen Zone, has recently introduced the […]
Croatian National Tourist Board (CNTB) launched a promotional campaign to encourage early bookings for the season of 2024. Among the markets covered by the campaign are those from which Croatian tourism generates the most tourist traffic and those that respond best to early bookings, namely Germany, Austria, the United Kingdom, Switzerland, and Belgium. CNTB will […]
Croatian software design and development company Q Agency said that the company is fully booked with upcoming projects in the first quarter of 2024. The company currently has over 30 open job positions, ranging from Full Stack and Frontend Developers, Business Analysts, Project Managers to DevOps Engineers, the company’s CTO said in an interview. Local […]
Belgian company DEME said it signed a deal with Greek renewable energy developer and independent power producer FARIA Renewables to explore opportunities and co-develop offshore wind farms in Greece. “Recognising the unique potential for growth in the offshore wind industry in the Mediterranean Sea and the evolving market, both companies aim to play a significant […]
Greece’s seasonally adjusted unemployment rate in October was 9.6% compared to 11.8% in October 2022 and to the upwards revised 10.3% in September 2023, the country’s statistical office said. The number of employed persons amounted to 4,257,939, increased by 3.5% as compared with October 2022 and by 1.3% compared to September 2023. The number of […]