OMV Petrom has invested $63.4 million to build a new innovative fuel conversion facility at the Petrobrazi refinery.

Erste Bank is taking applications for its Erste Fragments program that awards funds to artists who are 30 years old and younger.

The European Commission applauded new rules approved at a recent Economic and Financial Affairs Council (ECOFIN) meeting that will make it easier for the European Union (EU) to prevent tax avoidance by multinational companies.

Intrasoft International and Planet S.A. have teamed up to form a new joint venture offering management-consulting services throughout Europe.

The UniCredit S.p.A. board of directors recently evaluated the compliance of newly appointed members with requirements from statutory and regulatory provisions.

Bulgaria's upstart political party Yes, Bulgaria doesn’t like to hear the word ‘no.’

Bucharest Stock Exchange (BVB) and the Rotary International District 2241 Romania and the Republic of Moldova have teamed up to offer free financial and entrepreneurship education programs.

TITAN Group, a cement and concrete company, has been named to the FTSE4Good Emerging Index based on the company's sustainability practices.

Gorenje has won the Best from Serbia award from the Serbian Chamber of Commerce and the Ministry of Commerce, Tourism and Telecommunication.

Raiffeisen Bank recently launched a range of services for students at the Sarajevo School of Economics and Business, including a lounge dubbed the Raiffeisen CLUB Student Corner and free online banking services.

Bulgaria’s “We The Citizens” group recently wrote an open letter to President Rumen Radev asking for the full truth of KTB’s bankruptcy and subsequent looting of its assets.

The Greek Initiative for Work Experience was held recently at the Ceremonial Hall of the University of Belgrade.

A trio of economists with the International Monetary Fund has published a paper detailing how to determine the sustainability of debt.

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.

Despite the economic and financial challenges Greece faces, Athens’ Euroxx Securities has projected a growth in profits for the country’s four systemic banks this year.

Following the recent death of Vitaly Churkin, Russia's ambassador to the United Nations, Republic of Srpska Prime Minister Zeljka Cvijanovic recently offered her condolences.

The European Commission plans to offer $111 million in humanitarian aid to Africa's Lake Chad region this year.

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.

Banca Intesa is offering a special loan geared toward helping agricultural projects as the spring planting season nears.

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.