Blog

Dec 19
DS Smith Invests 16 Million Euro in its Serbian Unit

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 […]

Dec 18
IMPETUS Capital To Invest Total of 900,000 Euro in Three Startups in SEE

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 […]

Dec 18
Egypt-based Startup Partment Expands in Greece

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 […]

Dec 14
ICT Job Ads in EU Account 8.5% in Period Q4 2022-Q3 2023 – Eurostat

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 […]

Dec 13
Belgian Company ABEE Plans To Invest up to 1.1 Billion Euro in Bulgaria

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 […]

Dec 13
EC Supports Austria’s Proposal for ‘Air Schengen’ Access for Romania & Bulgaria

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 […]

Dec 13
Croatian National Tourist Board Launches Early Booking Campaign for 2024

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 […]

Dec 12
Croatia Software Company Q Agency Says Q1 2024 Fully Booked, Employs 30

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 […]

Dec 12
DEME, FARIA Renewables Sign Deal to Co-Develop Offshore Wind Farms in Greece

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 […]

Dec 12
Greece October Unemployment Rate at 9.6%

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 […]