Category: Blog

Croatia has attracted over 13 billion euro in foreign direct investments in the last four and a half years, local newspaper Poslovni Dnevnik quoted the country’s economy minister. The minister said that the investment climate and competitiveness are recognised by the global rating agencies and the IMF, the newspaper said on its web portal. (Image: […]

North Macedonia’s textile company Teteks AD Tetovo said its January-September non-audited net profit increased 34% to 23.9 million MKD (388,400 euro). The company’s revenues doubled to 63.8 million MKD (1.03 million euro), the company said in its financial statement for the reported period. Teteks AD Tetovo, founded in 1951, has a retail network of 50 […]

The Competition Commission has granted its approval to Greece’s Intrakat Group to acquire Aktor, the construction arm of ELLAKTOR Group, Greece’s daily newspaper Kathimerini reported. “The acquisition of all the shares of Aktor has been approved by the Competition Commission, thus putting the Intrakat Group’s vision of creating a strong pillar in construction in Southeast […]

Pizza Hut will open its first restaurant in Zagreb, daily newspaper Vecernji List reported on its web portal. Fast food restaurant chains McDonald’s, Burger King, KFC and Domino’s are already present on the Croatian market. Franchise owner Kraljevi Restorani said that besides Zagreb, Pizza Hut will open restaurant in the city of Split, Vecernji added […]

Albanian tourisms is expecting 35% growth of guaranteed reservation contracts, Albanian Daily News quoted sources from the country’s Tourist Union. Albanian PM Edi Rama said earlier this month that the country is expecting 10 million foreign visitors by the end of the year and 20 million tourists in 2024, Euronews Albania reported. (Image: Pixabay)

Croatia’s tourist arrivals in September 2023 rose by annually 15.3% to 2.4 million, the country’s statistical office said. The number of overnights in September increased by annual 4.0% to 11.6 million, the stat office said. (Image: Pixabay)  

Moody’s has changed the Outlook on Croatia to positive from stable, while at the same time it affirmed its long-term issuer and senior unsecured ratings at Baa2. Moody’s decision to change the outlook to positive is driven by an increasing likelihood that Croatia’s debt burden will fall significantly than previous expected leading to further improvements […]

Forbes has ranked Sibiu as one of Europe’s top 10 most beautiful small towns. A former European Capital of Culture, the town is known for its Germanic architecture in the old town, a legacy of the 12th-century Saxon settlers. (image: Pixabay)

Bulgaria’s 70 biggest machine and machinery equipment makers end 2022 with combined revenue of over 15 million BGN, (7.7 billion euro), 26.3% up from a year earlier, local newspaper Kapital said in its 2023 edition of K100 Biggest companies. The overall top 100 companies in the country report 27% profit increase to up to 8.0 […]

North Macedonia said the number of employees in its Technological Industrial Development Zones increased 10% to 17,769 by the end of October. Only this year new 350 million euro deals were signed, the government said on its website. (image: Pixabay)