Following KCB’s acquisition of United Bulgarian Bank (UBB), the bank’s credit rating has improved by six rates according to Fitch Ratings and four rates according to Standard and Poor’s (S&P).
Banca Transilvania (BT) is supporting "green" projects by offeringl loans to improve energy efficiency, according to a press release on the bank website.
Environment testing leader Eurofins Scientific recently entered into an agreement to acquire Slovenia’s Environmental Research & Industrial Co-operation (ERICo), the leading independent laboratory in the country.
METKA S.A. has signed a contract with Early Power Limited (EPL) to build a new power plant in Ghana, according to a press release from Mytilineos Group.
TJ Lim, deputy chief risk officer for UniCredit, will temporarily take on the role of chief risk officer as Missimiliano Fossati takes a sabbatical, according to a press release on the UniCredit website.
Euroins Romania, part of the Euroins Insurance Group (EIG), is acquiring some of the insurance policies owned by Romanian ATE Insurance, according to a press release on the Eurohold website.
The Serbian government has signed on as a limited partner of the Enterprise Innovation Fund (ENIF) to help support young technology companies in the Western Balkan region.
The European Bank for Reconstruction and Development (EBRD) will push for better economic integration in the Western Balkans region at a summit in Trieste, Italy.
Sofia University alumna Laura Bakos recently received a $10,000 grant from Aetna to fund her a mindfulness program in Florida schools through her Inner Explorer organization.
The European Commission recently concluded that several measures to support Greece’s OSE and TrainOSE, include debt cancellations, are within the European Union’s (EU) state aid rules.
UniCredit will dispose of a nonperforming unsecured consumer credit portfolio in Italy through an agreement with MBCredit Solutions (MBCS), realized on a nonrecourse basis.
The Bucharest Stock Exchange (BVB) recently announced the May winners of its Leii BVB competition, rewarding investors on the market with their chance to win prizes like city breaks in cities throughout Europe.
Aegean Airlines will sponsor the 12th Marathon of Limassol next year, which is expected to host nearly 15,000 runners in four races, according to a release from the airline.
The Bucharest Stock Exchange (BVB) recently expanded its key indices, the BET and BET-TR, to include 13 companies, making room for DIGI Communications, a major telecommunications provider in the region.
BT Leasing, a Banca Transilvania-owned leasing company, will receive a $22.6 million loan from the European Bank for Reconstruction and Development (EBRD) to enable a wider range of micro, small and medium-enterprises (MSMEs) to have access leases.