According to its recently approved Annual Financial Report 2016, the Piraeus Port Authority S.A. had a 3.6 percent increase in revenues last year at $109.3 million, up from $105.5 million in 2015.
South Central Ventures (SCV) is the latest international investor to participate in a $500,000 seed round for UK and Macedonian startup Cognism, which has created innovative solutions for organizations to give customers with efficiency and privacy.
A video gaming company based in Bulgaria has now closed its doors, but up until under a year ago, Tesseract Interactive was hard at workbuilding the future of high-tech gaming.
The European Commission recently released its European Semester 2017 assessment, suggesting that many European Union countries have improved economically in the past year.
The Bucharest Stock Exchange (BVB) recently highlighted promising market growth that has seen the BET and BET-TR, two key indices, soar by 13.4 percent in the past eight weeks, with the BET recently hitting its highest values since January 2008.
In January, Greece managed a primary surplus of $1.07 billion, well above the target of $709.7 million thanks to increases in certain taxes, including corporate taxes, direct taxes and VAT on oil and tobacco products.
The Trade Facilitation Agreement (TFA), a key multilateral trade agreement, is now in effect after reaching a threshold of 110 World Trade Organization (WTO) members needed for it to take effect.
METKA has been selected by the General Authority for Electricity and Renewable Energy of Libya (GAEREL) to design and build a new power plant in Tobruk, Libya.
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.
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.
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.
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.
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.
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.
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.
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.