Blog
Albania’s revenue from the rental platform Airbnb has totaled 45.5 million euro in the first nine months of the year, Albanian Daily News reported. Number of daily rental properties on rental platforms Booking and Airbnb reached 24,902 in September, the media repored, quoting local business portal Monitor. Earlier this year, the country’s PM Edi Rama […]
Slovenian business conglomerate Mercator has opened a new retail shop in the city of Visoko in the Federation of Bosnia and Herzegovina, Bosnia’s daily Dnevni Avaz reported. The new 650 square metres store opened jobs for 22, Dnevni Avaz reported. The conglomerate is the parent company of Mercator Group, one of the largest corporate groups […]
Cyclicts will be able to enjoy over 4,000 km long route across eight countries in Southeast Europe in 2024. The Trans Dinarica Cycle Route connects Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, Albania, North Macedonia, Kosovo, and Serbia. Riders will now be able to tackle around 100 stages that prioritize responsible travel, culture, national parks, and UNESCO sites while bringing a sustainable economic engine to […]
The INVL Renewable Energy Fund I said it signed a 25 million euro loan agreement with Kommunalkredit Austria AG for construction of power plants with 51 megawatts (MW) capacity in Romania. “We see Romania as a very rapidly emerging EU market that is heavily focused on renewable energy projects,” Liudas Liutkevicius, Managing Partner of the […]
US-Bulgarian cloud storage startup LucidLink has raised $75 million in Series C funding,The Recursive reported. This has been the biggest funding round for Bulgaria in 2023 and one of the largest rounds in Central and Eastern Europe, the Recursive added. “With this Series C investment, LucidLink will accelerate its most ambitious product updates in the […]
Net salary in North Macedonia has increased by 16.4% year-on-year to 37,876 MKD (613.6 euro) in September, data from the country’s statistical office said. This increase is caused by the increase of the average monthly net wage paid per employee in the following sectors: electricity, gas, steam, and air conditioning supply (25.8%), public administration and […]
The Council of Europe Development Bank (CEB) said it has approved a total of 156.7 million euro loan to Albania, North Macedonia and Romania. The 27 million euro loan to Albania will co-finance the establishment of information and communication technology (ICT) laboratories, or “Smart Labs”, in more than 600 schools across the country, benefitting around 150 000 children, […]
Greece will invest 387.24 million euro in sustainable tourism development, local daily Kathimerini quoted the country’s tourism Minister Olga Kefalogianni. The project financed by the National Recovery and Resilience Plan, includes promotion of the sustainability of destinations, the differentiation and improvement of the competitiveness of the Greek tourism product, the upgrading of tourism education and […]
Electrical vehicle (EV) charging station operator Eldrive will install a network of fast-charging stations at the Billa Bulgaria stores, Bulgarian weekly Kapital reported. Eldrive already completed the installation of two charging stations, one in the capital of Sofia and one in the town of Blagoevgrad, in the Southwestern part of the country, Kapital added. Billa […]
Athens International Airport posted a net profit of 188.6 million euro in the first nine months of 2023, local newspaper Kathimerini reported. According to the company’s financial results, the turnover increased by 29.8% in the January-September period to 463.6 million euro, while the EBITDA increased by 29.3%, to 322 million euro, the newspaper said. The […]