Blog

Dec 11
Siemens, Microsoft Partner to Drive Cross-industry AI Adoption

Microsoft announced a partnership with Siemens to bring the benefits of generative AI to industries worldwide. “As a first step, the companies are introducing Siemens Industrial Copilot, an AI-powered jointly developed assistant aimed at improving human-machine collaboration in manufacturing,” Microsoft said in a statement. In addition, the launch of the integration between Siemens Teamcenter software […]

Dec 11
Romania, Croatia Rank in Top 5 in VisaGuide.World’s Digital Nomad Index

Romania ranked third while Croatia ranked fifth best country for digital nomads according to VisaGuide.World’s Digital Nomad Index. Best Countries for Digital Nomads Spain is the top country for digital nomads among 38 countries, according to the VisaGuide Digital Nomad Index, with a score of 4.50, followed by Argentina in the 2nd place with a […]

Dec 07
US-based Grid Dynamics Posts Q3 Revenue of $77.4 Million

Global digital engineering company Grid Dynamics reported revenue of $77.4 million in the third quarter of 2023. “Our third quarter results reflect the company’s strong commitment to our clients and ability to execute to our stated goals. There were many positive trends in the quarter,” the company said in its financial statement. “We signed ten […]

Dec 07
SEE Green Destinations’ Nominees for Story Awards

Global organisation Green Destinations, supporting sustainable destinations, their businesses, and their communities, has announced its nominees for the 2024 Green Destinations Story Awards. Here are the destinations in Southeast Europe (SEE) that are nominated for the award: Miren Kras – Slovenia/ Category: Environment & Climate “The extreme summer of 2022 marked the destination Miren Kras […]

Dec 07
Croatia’s Konzum Invests 30 Million Euro for Salaries Increase

Croatian largest supermarket chain will invest 30 million euro to increase the salaries of its employees, the local daily business newspaper Poslovni Dnevnik reported on its website. By this , the gross salary at the position of salesman, where more than 50% of all Konzum employees work, will increase by an average of 20%, Poslovni […]

Dec 07
North Macedonia Oct Employees in Industry Up 2.9% Yo

The number of employees in industry in October 2023 increased 2.9% compared with October 2022, the State Statistical Office’s data showed. The number of employees in industry in the section Mining and quarrying in October 2023 decreased by 0.4% on annual basis, in the section Manufacturing it increased by 3.5% and in the section Electricity, […]

Dec 07
Greece Q3 GDP Up 2.1% YoY – Provisonal Data

The available seasonally adjusted data showed that in the third quarter of 2023 Greece’s GDP in volume terms increased by 0.02% in comparison with the second quarter of 2023, while in comparison with the third quarter of 2022, it increased by 2.1%, the country’s statistical office showed. The available non-seasonally adjusted data indicate that in […]

Dec 06
Nagarro 2023 9-mo Revenue Up 10.4% to 690 Million Euro

Digital product engineering company Nagarro said its revenue increased 10.4% to 690 million euro in the first nine months of the year. Gross profit decreased to 175.0  million euro in the first three quarters of the year from 180.3  million in the same period a year ago, Nagarro said in its financial statement. Net profit […]

Dec 06
Ryanair Expands Connections with Dubrovnik, Sarajevo

Low-cost air carrier Ryanair will connect Dubrovnik to 16 new destinations, Croatian public broadcasting company HRT reported. The connections include London, Dublin, and Vienna throughout winter, HRT reported. During the first year of the new expansion, the airport in Dubrovnik will process some 600,000 passengers more, it added. Last week, Ryanair announced the introduction of […]

Dec 01
The Banker Announces Bank of the Year Awards; Here Are the Best in SEE

The Banker magazine announced the Bank of The Year Awards. Here are the banks that ranked as the best in the South East Europe in its 2023 edition: Albania: OTP Bank Albania OTP Bank Albania consolidated its market position in the last 12 months, with strong financial results and its purchase of medium-sized Alpha Bank […]