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  • Gorenje Group revenue up 2.6 percent in 2016

    Caitlin Nordahl | Jan 17, 2017

    Gorenje Group, a home appliances manufacturer based in Slovenia, recently highlighted its growth over the past year, which includes an estimated revenue figure of $1.35 billion, a 2.6 percent increase on last year.

  • Republic of Srpska officials meet with trade union leaders

    Caitlin Nordahl | Jan 17, 2017

    Republic of Srpska officials, including Deputy Prime Minister Anton Kasipovic and Minister of Administration and Local Self-Government Lejla Resic, recently met with trade union leaders to discuss their joint concerns and actions for 2017.

  • Piraeus Port Authority marks arrival of first passenger ship of 2017

    Caitlin Nordahl | Jan 17, 2017

    The Piraeus Port Authority (PPA) of Greece recently celebrated the arrival of the first passenger ship of 2017, the Blue Star Delos, with PPA executives boarding the ship and giving out an honorary plaque and gifts.

  • Vojvodjanska Banka, Slovenia's University of Ljubljana to offer two-week internship

    Kathy Adams | Jan 16, 2017

    Vojvodjanska Banka (Bank) and the Faculty of Economics at the University of Ljubljana in Slovenia have teamed up to offer a special two-week program for students to gain practical knowledge and professional development.

  • Athens Stock Exchange suspends trading shares of the Bank of Cyprus

    Kathy Adams | Jan 16, 2017

    The suspension was requested by Bank of Cyprus Public Co. Ltd. on Jan. 10.

  • 9 law firms in the Balkans form new alliance

    Kathy Adams | Jan 16, 2017

    Serbia's Bojanovic & Partners recently joined a new alliance of independent law firms across the Balkans.

  • Eurozone official tells Greece to follow debt relief plan and rules

    Caitlin Nordahl | Jan 15, 2017

    A high-ranking official of the Eurozone recently sent a clear message to Greece on the closure of the country’s second debt relief evaluation, negotiation for which recently resumed.

  • Coral A.E. acquires Lukoil Cyprus

    Kathy Adams | Jan 15, 2017

    Coral A.E., a wholly owned subsidiary of Motor Oil (Hellas) Corinth Refineries S.A., recently completed its acquisition of all shares of Lukoil Cyprus Limited.

  • Bank of Greece report supports gradual removal of capital movement controls

    Caitlin Nordahl | Jan 15, 2017

    A recent overview from the Bank of Greece suggests that removing capital movement controls is key to successful Greek participation in the easing program set by the European Central Bank.

  • National Bank of Greece elects new non-executive director

    Kathy Adams | Jan 15, 2017

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

  • Athens Stock Exchange announces new shares, market making licenses

    Caitlin Nordahl | Jan 15, 2017

    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.

  • Serbian cigarette plant lands Philip Morris among the top five exporters in the country

    Kathy Adams | Jan 15, 2017

    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.

  • National Bank of Greece sells most shares of United Bulgarian Bank to KBC Bank

    Kathy Adams | Jan 15, 2017

    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

  • Economists discuss errors in financial forecasts

    Kathy Adams | Jan 12, 2017

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

  • Greek Defense Ministry reassures military about new payroll

    Kathy Adams | Jan 12, 2017

    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.

  • KPMG outlines issues corporate boards need to focus on in 2017

    Caitlin Nordahl | Jan 12, 2017

    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 relocating Belgrade branch

    Balkan Business Wire | Jan 12, 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 releases International Global Automotive Executive Survey 2017

    Caitlin Nordahl | Jan 10, 2017

    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 promotes two employees to partner, director

    Kathy Adams | Jan 10, 2017

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

  • Slovenia tops in the Balkans on KPMG's Variable for Sustained Growth index

    Caitlin Nordahl | Jan 10, 2017

    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.

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