Eva Cederbalk has been elected as a non-executive director of The National Bank of Greece SA.

Following a recent session of the Stock Markets Steering Committee of Hellenic Exchanges - Athens Stock Exchange, the committee announced several trading commencements and market making licenses to be implemented in the coming weeks.

Jelena Pavlovic, Philip Morris' general manager for Southeastern Europe, recently said that while the tobacco company is working on creating and selling alternative tobacco products, production business for traditional cigarettes is booming in Serbia.

The National Bank of Greece (NBG) has signed a deal with the Belgian KBC Bank (KBC Group) to sell 99.91 percent of United Bulgarian Bank AD (UBB) and 100 percent of its subsidiary, Interlease EAD

Anticipating the future is always difficult, but more so when dealing with the economy and politics, Gergk Kremer, chief economist at Commerzbank, said.

The Greek Defense Ministry announced yesterday that a new special payroll for armed forces, set to be voted on within the coming months, does not freeze wage increases, and will result in no loss of pay to active and retired members of the military.

The KPMG Board Leadership Center recently published three reports on issues that will be critical for corporate board members, audit committee members and private company directors to watch in 2017.

Vojvodjanska Banka recently announced that its Belgrade branch at Vojvodje Supljikca Street 53-55 will be moving to Njegoseva 72 St., on Jan. 16, where all operations will continue and account holders will be able to access a full range of services.

KPMG International’s recently released International Global Automotive Executive Survey 2017 shows that the automotive sector is moving away from an industry based on building and selling cars, and toward one based on a digital ecosystem. 

KPMG has promoted two within its company due to continued growth in the firm.

KPMG recently released the second edition of its Variables for Sustained Growth (VSG) index, which suggests that the UK’s position on the index could benefit from educational and infrastructure investment, but does not yet account for the effects of Brexit.

More than 40 percent of audit committee members stated their risk-management programs and procedures require substantial work, a recent report by KPMG’s Audit Committee Institute (ACI) found.

Cyber criminals will become more sophisticated this year, taking the threat to a higher level.

Following approval from the National Bank of Romania, Banca Comerciala Carpatica Bank has started final proceedings for merging with Bucharest-based Patria Bank, with plans to retain the latter’s name after the merger.