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  • February
  • Banca Intesa's mortgage loan placement on the rise

    Kathy Adams | Feb 16, 2017

    Banca Intesa has grown the placement of mortgage loans in 2016 to 40 percent and held a market share of 23 percent.

  • Bulgaria’s EIG passes balance sheet review

    Caitlin Nordahl | Feb 17, 2017

    With the publication of the Financial Supervision Commission’s balance sheet review, which confirmed compliance of Euroins Insurance Group AD (EIG) and all of its subsidiaries, the group now considers its capitalizing plan to be finalized.

  • Central South Eastern Europe Summit to cover maximizing profits

    Kathy Adams | Feb 19, 2017

    Serbian Private Equity Association has teamed up with the Central South Eastern Europe (CSEE) Investment Summit for a one-day event March 30.

  • Vojvodjanska Bank donates computers to hospital in Pozega

    Kathy Adams | Feb 20, 2017

    Vojvodjanska Bank has given computers to the General Hospital in Pozega to help make work more efficient and effective while offering better connectivity with the hospital's parent organization, the Uzice Health Center.

  • Gastrade-GasLog deal will provide Balkan region with increased energy security

    Caitlin Nordahl | Feb 20, 2017

    International maritime corporation GasLog recently acquired a 20 percent stake in Greece’s Gastrade S.A., which is behind the development of a floating LNG receiving, storage and regasification unit (FSRU) offshore of Alexandroupolis.  

  • Perhart Tec Grup secures $25 million loan

    Kathy Adams | Feb 21, 2017

    Perhart Tec Grup, the largest tissue paper manufacturer in Romania, has been granted a revolving loan worth $25.3 million.

  • J&P AVAX to absorb subsidiaries E-Construction and PROET

    Caitlin Nordahl | Feb 21, 2017

    J&P AVAX SA recently will absorb two of its wholly owned subsidiaries, E-Construction SA and PROET SA, a move it has disclosed in compliance with Greek law.

  • Vojvodjanska Banka Presidency and Steering Committee meets for strategic planning

    Caitlin Nordahl | Feb 21, 2017

    Vojvodjanska Banka recently reported on its latest meeting between the Presidency and Steering Committee of the Forum for Responsibility, during which members discussed its plans for the upcoming year.

  • Romania nears emerging market status, could see economic boost

    Caitlin Nordahl | Feb 21, 2017

    The recent Capital Market of Romania – Next Capital Developments conference, organized by the Bucharest Stock Exchange (BVB) and the National Bank of Romania (BNR), heavily focused on the country’s growing capacity to be designated an emerging market, according to a BVB release.

  • BVB highlights pricing structure for companies that want to be listed on exchange

    Caitlin Nordahl | Feb 21, 2017

    Bucharest Stock Exchange (BVB) recently clarified its pricing structure for companies seeking to be listed on its exchange, highlighting processing, admission and yearly maintenance fees for both the main market and AeRO, its market for small- and medium-sized enterprises.

  • Banca Intesa housing loans business excels

    Caitlin Nordahl | Feb 21, 2017

    Banca Intesa is leading the housing loans segment with a 23 percent market share in 2016, a year that saw significant increases in the amount and number of loans offered by the bank, according to a company release.

  • Dronamics builds e-commerce solutions in Bulgaria

    Justin Stoltzfus | Feb 21, 2017

    A Sofia, Bulgaria-based transport and technology company has a new vision for how all of your online purchases get delivered to you.

  • BRD Group's profit rises 63 percent in 2016

    Kathy Adams | Feb 22, 2017

    BRD Group's net profit rose to $178.38 million in 2016, up more than 63 percent from the previous year.

  • BVB launches development initiative for Romanian businesses

    Caitlin Nordahl | Feb 22, 2017

    The Bucharest Stock Exchange (BVB) recently launched Made in Romania, a new initiative that will identify and guide 15 emerging, innovative Romanian companies chosen based on their potential to promote overall growth in the country’s economy.

  • UniCredit reaches agreement with Italian trade unions on redundancies

    Caitlin Nordahl | Feb 22, 2017

    UniCredit recently reached an agreement with the Italian trade unions over its Transform 2019 plan, which includes 3,900 full-time equivalent redundancies, following similar negotiations with trade unions in Germany and Austria.

  • Euroins Insurance Group sees 47 percent increase in growth of premiums

    Caitlin Nordahl | Feb 22, 2017

    Euroins Insurance Group recently released its sales figures for January, which reveal a nearly 47 percent growth in premiums to $27.59 million from $18.81 million in January of last year.

  • In Romania and Bulgaria, a glimmer of hope against corruption

    Balkan Business Wire | Feb 22, 2017

    On February 5, more than half a million Romanians took to the streets in defiance of their government's move to decriminalize corruption offenses.

  • The Petrol Group board approves 2016 annual report

    Caitlin Nordahl | Feb 23, 2017

    The Petrol d.d., Ljubljana Supervisory Board recently approved an audited annual report of the Petrol Group and Petrol d.d., Ljubljana, which shows a successful performance last year, resulting in an 11 percent increase in net profit.

  • Luka Koper unveils new lane for rail-mounted gantry crane at container terminal

    Caitlin Nordahl | Feb 23, 2017

    Luka Koper recently unveiled the new rail-mounted gantry (RMG) crane rails at its container terminal, the latest improvement to the terminal that will see $248.31 million in investments by 2020.

  • Srpska officials meet with trade union leaders

    Kathy Adams | Feb 23, 2017

    The Republic of Srpska's prime minister and government officials met with trade union representatives this week to discuss paying debts to budget beneficiaries, according to a report on the government's website.

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