Category: Companies & Ventures
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]