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EXPLOSIONS RATTLE SERBIAN AMMO MAKER SLOBODA'S CACAK PLANT Aleksandar Vulin; Source: Serbian Defence Ministry. BELGRADE (Serbia), June 4 (SeeNews) - A series of explosions rocked the plant of Serbian ammunition manufacturer Sloboda in the town of Cacak, but no workers were injured in the blasts, the Serbian interior ministry said on Friday. All 60 employees who worked at the factory at the time of the GERMANY'S BIZERBA TO OPEN FACTORY IN SERBIA BY Q4 2022 BELGRADE (Serbia), May 27 (SeeNews) – German industrial weighing and labeling machines manufacturer Bizerba plans to open a factory in Serbia's Valjevo by the fourth quarter of 2022, President AleksandarVucic said.
CROATIA STEPS UP COVID-19 RESTRICTIONS AMID RISE IN CASES Croatia steps up COVID-19 restrictions amid rise in cases. Source: pixabay.com. ZAGREB (Croatia), April 1 (SeeNews) - The Croatian government said it is tightening the measures introduced to limit the spread of the coronavirus by imposing a ban on indoor sports training, restricting working hours of children playrooms and temporarily SERBIA'S PROMIST PLACES BID FOR FERTILISERS MAKER AZOTARA Serbia's Promist places bid for fertilisers maker Azotara. BELGRADE (Serbia), May 7 (SeeNews) - Serbian company Promist has placed a bid for the acquisition of insolvent state-controlled fertiliser maker HIP Azotara, a senior company official said. "We are waiting for a decision by HIP Azotara's board of creditors whether the sale has been BULGARIA'S SIN CARS IPO OVERSUBSCRIBED THREE TIMES SOFIA (Bulgaria), June 1 (SeeNews) - The Bulgarian Stock Exchange (BSE) said on Tuesday that the initial public offering (IPO) of local electric car maker Sin LEAR CORP, NORMAK INVESTMENT GROUP BREAK GROUND FOR 15 MLN SKOPJE (North Macedonia), May 7 (SeeNews) - US-based car parts maker Lear Corporation and Norway's Normak Investment Group broke ground for a 15 million euro ($18.2 million) production facility that they will jointly build in North Macedonia's Tetovo, the government in Skopje said on Friday. The new facility will span 8,000 square metres andBALKANPHARMA
Balkanpharma - Dupnitsa AD is a Bulgarian pharmaceuticals producer. The company is part of the Israel-based generic pharmaceutical company Teva Pharmaceutical Industries Ltd. and Actavis Group. Balkanpharma - Dupnitsa AD holds the following valid certificates: OHSAS 18001:2007 Occupational health and safety management systems. BUSINESS INTELLIGENCE FOR SOUTHEAST EUROPE The Coronavirus. The coronavirus infection reached Southeast Europe (SEE) at the end of February, as the first case was reported in Croatia on February 25. By mid-March the number of confirmed Covid-19 cases in the region was approaching 1,000 and GREECE'S FRIGOGLASS STOPS PRODUCTION AT COOLER PLANT IN BUCHAREST (Romania), June 7 (SeeNews) - Greek commercial refrigeration and glass packaging solutions manufacturer Frigoglass said on Monday that it has stopped production at its beverage coolers plant in Timisoara, western Romania, following a fire accident and is covering demand from other units. The production process at the commercial CROATIA LAUNCHES 5G FREQUENCY AUCTION Published. May 28, 2021 11:50 EEST. ZAGREB (Croatia), May 28 (SeeNews) - Croatia's telecommunications regulator HAKOM launched a public auction for the allocation of frequency licences for 5G networks, it said. HAKOM will carry out three separate bidding procedures for the allocation of frequencies in the 700 MHz, 3,600 MHz and 26 GHz bandson
EXPLOSIONS RATTLE SERBIAN AMMO MAKER SLOBODA'S CACAK PLANT Aleksandar Vulin; Source: Serbian Defence Ministry. BELGRADE (Serbia), June 4 (SeeNews) - A series of explosions rocked the plant of Serbian ammunition manufacturer Sloboda in the town of Cacak, but no workers were injured in the blasts, the Serbian interior ministry said on Friday. All 60 employees who worked at the factory at the time of the GERMANY'S BIZERBA TO OPEN FACTORY IN SERBIA BY Q4 2022 BELGRADE (Serbia), May 27 (SeeNews) – German industrial weighing and labeling machines manufacturer Bizerba plans to open a factory in Serbia's Valjevo by the fourth quarter of 2022, President AleksandarVucic said.
CROATIA STEPS UP COVID-19 RESTRICTIONS AMID RISE IN CASES Croatia steps up COVID-19 restrictions amid rise in cases. Source: pixabay.com. ZAGREB (Croatia), April 1 (SeeNews) - The Croatian government said it is tightening the measures introduced to limit the spread of the coronavirus by imposing a ban on indoor sports training, restricting working hours of children playrooms and temporarily SERBIA'S PROMIST PLACES BID FOR FERTILISERS MAKER AZOTARA Serbia's Promist places bid for fertilisers maker Azotara. BELGRADE (Serbia), May 7 (SeeNews) - Serbian company Promist has placed a bid for the acquisition of insolvent state-controlled fertiliser maker HIP Azotara, a senior company official said. "We are waiting for a decision by HIP Azotara's board of creditors whether the sale has been BULGARIA'S SIN CARS IPO OVERSUBSCRIBED THREE TIMES SOFIA (Bulgaria), June 1 (SeeNews) - The Bulgarian Stock Exchange (BSE) said on Tuesday that the initial public offering (IPO) of local electric car maker Sin LEAR CORP, NORMAK INVESTMENT GROUP BREAK GROUND FOR 15 MLN SKOPJE (North Macedonia), May 7 (SeeNews) - US-based car parts maker Lear Corporation and Norway's Normak Investment Group broke ground for a 15 million euro ($18.2 million) production facility that they will jointly build in North Macedonia's Tetovo, the government in Skopje said on Friday. The new facility will span 8,000 square metres andBALKANPHARMA
Balkanpharma - Dupnitsa AD is a Bulgarian pharmaceuticals producer. The company is part of the Israel-based generic pharmaceutical company Teva Pharmaceutical Industries Ltd. and Actavis Group. Balkanpharma - Dupnitsa AD holds the following valid certificates: OHSAS 18001:2007 Occupational health and safety management systems. BOSNIA'S FEDERATION AGREES DELIVERY OF 500,000 COVID-19 Ministerio de Defensa del Perú from Perú, Perú, CC BY 2.0, via Wikimedia Commons SeeNews is your complete guide to the emerging economies of Southeast Europe. Latest news, market intelligence, industry analyses, on-demand research – the big picture at the tipof your fingers
ZIJIN BOR COPPER TO INCREASE COPPER OUTPUT BY 38% IN 2021 1 day ago · BELGRADE (Serbia), June 11 (SeeNews) - Zijin Bor Copper, the Serbian unit of China's Zijin Mining Group, plans to increase copper production at Bor mining complex by 38% to 73,000 tonnes this year, engineering director Benjamin Jiao said. ROMANIA - BUSINESS AND ECONOMIC NEWS IN REAL TIME Romania's Autonom Services targets double-digit revenue growth in 2021, mulls new acquisitions. May 04, 2021 12:36 EEST. Romanian govt analysts forecast 5% GDP growth in 2021. Apr 28, 2021 14:42 EEST. Romania's OMV Petrom to pay flat dividend, invest 670 mln euro in2020.
FOREIGN TOURIST ARRIVALS TO CROATIA UP Y/Y IN APRIL BUT ZAGREB (Croatia), June 10 (SeeNews) - Foreign tourist arrivals to Croatia reached 98,000 in April, an increase of 97,000 arrivals compared to April last year, when accomodation demand slumped due to the coronavirus outbreak, the statistical office said on Thursday. KOSOVO ENDS NIGHT CURFEW AS NEW COVID-19 CASES DROP PRISTINA (Kosovo), May 31 (SeeNews) - Kosovo's government decided to relax some of its Covid-19 measures and scrap the night curfew as of Monday morning as new cases have been falling recently, the prime minister's office said. A curfew between 10:30 pm and 5 am was in force until Sunday. Public gatherings are now limited to 50 peopleindoors
UNITED GROUP'S REVENUE SOARS IN 2020 BACKED BY License: Creative Commons, Attribution 2.0 Generic. SOFIA (Bulgaria), June 7 (SeeNews) - Dutch-based multi-play and media provider United Group said on Monday that its consolidated revenue rose 56.5% on an annual comparison basis last year, reaching 1.2 billion euro ($1.5 billion) on the back of the group's recent acquisitions in Southeast ROMANIA'S REAL NET WAGE RISES 8.4% Y/Y IN APRIL 1 day ago · BUCHAREST (Romania), June 11 (SeeNews) - Romania's average net monthly wage rose by a real 8.4% year-on-year in April, after rising by 4.5% in March, the country's statistical office saidon F
SERBIA'S Q1 NEW CAR REGISTRATIONS RISE 29.8% Y/Y BELGRADE (Serbia), June 8 (SeeNews) - Registrations of new passenger cars in Serbia rose by an annual 29.8% to 44,596 in the first quarter of 2021, statistical office data PONS RO PRODCOM TO INVEST 5 MLN EURO IN NEW DETERGENT BUCHAREST (Romania), June 4 (SeeNews) - Spanish-owned detergent and other cleaning products manufacturer Pons Ro Prodcom plans to invest 5 million euro ($6.1 million) in a new factory and office space in Romania's Ilfov county. The factory will be built on a 35,000 sq m plot of land in Branesti acquired three years ago, Pons Ro Prodcomsaid in
ROMANIA'S GDP SHRINKS 0.2% Y/Y IN Q1 BUCHAREST (Romania), June 8 (SeeNews) - Romania's economy contracted by 0.2% year-on-year in the first quarter of 2021, compared to a 2.4% BUSINESS INTELLIGENCE FOR SOUTHEAST EUROPE The Coronavirus. The coronavirus infection reached Southeast Europe (SEE) at the end of February, as the first case was reported in Croatia on February 25. By mid-March the number of confirmed Covid-19 cases in the region was approaching 1,000 and CROATIA LAUNCHES 5G FREQUENCY AUCTION Published. May 28, 2021 11:50 EEST. ZAGREB (Croatia), May 28 (SeeNews) - Croatia's telecommunications regulator HAKOM launched a public auction for the allocation of frequency licences for 5G networks, it said. HAKOM will carry out three separate bidding procedures for the allocation of frequencies in the 700 MHz, 3,600 MHz and 26 GHz bandson
GREECE'S FRIGOGLASS STOPS PRODUCTION AT COOLER PLANT IN BUCHAREST (Romania), June 7 (SeeNews) - Greek commercial refrigeration and glass packaging solutions manufacturer Frigoglass said on Monday that it has stopped production at its beverage coolers plant in Timisoara, western Romania, following a fire accident and is covering demand from other units. The production process at the commercial GERMANY'S BIZERBA TO OPEN FACTORY IN SERBIA BY Q4 2022 BELGRADE (Serbia), May 27 (SeeNews) – German industrial weighing and labeling machines manufacturer Bizerba plans to open a factory in Serbia's Valjevo by the fourth quarter of 2022, President AleksandarVucic said.
SERBIA'S PROMIST PLACES BID FOR FERTILISERS MAKER AZOTARA Serbia's Promist places bid for fertilisers maker Azotara. BELGRADE (Serbia), May 7 (SeeNews) - Serbian company Promist has placed a bid for the acquisition of insolvent state-controlled fertiliser maker HIP Azotara, a senior company official said. "We are waiting for a decision by HIP Azotara's board of creditors whether the sale has been CROATIA STEPS UP COVID-19 RESTRICTIONS AMID RISE IN CASES Croatia steps up COVID-19 restrictions amid rise in cases. Source: pixabay.com. ZAGREB (Croatia), April 1 (SeeNews) - The Croatian government said it is tightening the measures introduced to limit the spread of the coronavirus by imposing a ban on indoor sports training, restricting working hours of children playrooms and temporarily ROMANIA'S C-BANK RAISES 2021 INFLATION FORECAST TO 4.1% BUCHAREST (Romania), May 14 (SeeNews) - Romania's central bank said on Friday that it decided to raise its 2021 inflation forecast to 4.1% from 3.4% predicted in March, outside its target band of 1.5-3.5%. The annual CPI inflation rate increased considerably in the first quarter, nearing the upper bound of the variation band of the target, due LEAR CORP, NORMAK INVESTMENT GROUP BREAK GROUND FOR 15 MLN SKOPJE (North Macedonia), May 7 (SeeNews) - US-based car parts maker Lear Corporation and Norway's Normak Investment Group broke ground for a 15 million euro ($18.2 million) production facility that they will jointly build in North Macedonia's Tetovo, the government in Skopje said on Friday. The new facility will span 8,000 square metres and RIO TINTO TO COMPLETE CONSTRUCTION OF SERBIA'S JADAR Source: Rio Tinto. BELGRADE (Serbia), March 4 (SeeNews) - Anglo-Australian mining group Rio Tinto plans to complete the construction of an underground mine at the Jadar lithium borate project in Serbia in 2026, Serbian media reported. The company intends to invest $200 million (166 million euro) in the project this year andto start the
BULGARIAN STOCK EXCHANGE OPERATOR BUYS BACK 10,000 OWN SHARES SOFIA (Bulgaria), May 26 (SeeNews) - The Bulgarian Stock Exchange (BSE) , which operates the Sofia bourse, said on Wednesday that it repurchased 10,000 own shares through its wholly-owned unit Independent Bulgarian Energy Exchange (IBEX) on May 21. IBEX bought the shares at a price of 6 levs ($3.75/3.07 euro) apiece, the BSE saidin a
BUSINESS INTELLIGENCE FOR SOUTHEAST EUROPE The Coronavirus. The coronavirus infection reached Southeast Europe (SEE) at the end of February, as the first case was reported in Croatia on February 25. By mid-March the number of confirmed Covid-19 cases in the region was approaching 1,000 and CROATIA LAUNCHES 5G FREQUENCY AUCTION Published. May 28, 2021 11:50 EEST. ZAGREB (Croatia), May 28 (SeeNews) - Croatia's telecommunications regulator HAKOM launched a public auction for the allocation of frequency licences for 5G networks, it said. HAKOM will carry out three separate bidding procedures for the allocation of frequencies in the 700 MHz, 3,600 MHz and 26 GHz bandson
GREECE'S FRIGOGLASS STOPS PRODUCTION AT COOLER PLANT IN BUCHAREST (Romania), June 7 (SeeNews) - Greek commercial refrigeration and glass packaging solutions manufacturer Frigoglass said on Monday that it has stopped production at its beverage coolers plant in Timisoara, western Romania, following a fire accident and is covering demand from other units. The production process at the commercial GERMANY'S BIZERBA TO OPEN FACTORY IN SERBIA BY Q4 2022 BELGRADE (Serbia), May 27 (SeeNews) – German industrial weighing and labeling machines manufacturer Bizerba plans to open a factory in Serbia's Valjevo by the fourth quarter of 2022, President AleksandarVucic said.
SERBIA'S PROMIST PLACES BID FOR FERTILISERS MAKER AZOTARA Serbia's Promist places bid for fertilisers maker Azotara. BELGRADE (Serbia), May 7 (SeeNews) - Serbian company Promist has placed a bid for the acquisition of insolvent state-controlled fertiliser maker HIP Azotara, a senior company official said. "We are waiting for a decision by HIP Azotara's board of creditors whether the sale has been CROATIA STEPS UP COVID-19 RESTRICTIONS AMID RISE IN CASES Croatia steps up COVID-19 restrictions amid rise in cases. Source: pixabay.com. ZAGREB (Croatia), April 1 (SeeNews) - The Croatian government said it is tightening the measures introduced to limit the spread of the coronavirus by imposing a ban on indoor sports training, restricting working hours of children playrooms and temporarily ROMANIA'S C-BANK RAISES 2021 INFLATION FORECAST TO 4.1% BUCHAREST (Romania), May 14 (SeeNews) - Romania's central bank said on Friday that it decided to raise its 2021 inflation forecast to 4.1% from 3.4% predicted in March, outside its target band of 1.5-3.5%. The annual CPI inflation rate increased considerably in the first quarter, nearing the upper bound of the variation band of the target, due LEAR CORP, NORMAK INVESTMENT GROUP BREAK GROUND FOR 15 MLN SKOPJE (North Macedonia), May 7 (SeeNews) - US-based car parts maker Lear Corporation and Norway's Normak Investment Group broke ground for a 15 million euro ($18.2 million) production facility that they will jointly build in North Macedonia's Tetovo, the government in Skopje said on Friday. The new facility will span 8,000 square metres and RIO TINTO TO COMPLETE CONSTRUCTION OF SERBIA'S JADAR Source: Rio Tinto. BELGRADE (Serbia), March 4 (SeeNews) - Anglo-Australian mining group Rio Tinto plans to complete the construction of an underground mine at the Jadar lithium borate project in Serbia in 2026, Serbian media reported. The company intends to invest $200 million (166 million euro) in the project this year andto start the
BULGARIAN STOCK EXCHANGE OPERATOR BUYS BACK 10,000 OWN SHARES SOFIA (Bulgaria), May 26 (SeeNews) - The Bulgarian Stock Exchange (BSE) , which operates the Sofia bourse, said on Wednesday that it repurchased 10,000 own shares through its wholly-owned unit Independent Bulgarian Energy Exchange (IBEX) on May 21. IBEX bought the shares at a price of 6 levs ($3.75/3.07 euro) apiece, the BSE saidin a
SERBIA - BUSINESS AND ECONOMIC NEWS IN REAL TIME Serbia's c-bank holds key repo rate at 1.0%. May 13, 2021 14:34 EEST. France's AFD, World Bank lending 234 mln euro to back Serbia's green agenda. May 11, 2021 11:32 EEST. Serbia's Promist places bid for fertilisers maker Azotara. BOSNIA'S FEDERATION AGREES DELIVERY OF 500,000 COVID-19 1 day ago · Ministerio de Defensa del Perú from Perú, Perú, CC BY 2.0, via Wikimedia Commons SeeNews is your complete guide to the emerging economies of Southeast Europe. Latest news, market intelligence, industry analyses, on-demand research – the big picture at the tip of your fingers ZIJIN BOR COPPER TO INCREASE COPPER OUTPUT BY 38% IN 2021 1 day ago · BELGRADE (Serbia), June 11 (SeeNews) - Zijin Bor Copper, the Serbian unit of China's Zijin Mining Group, plans to increase copper production at Bor mining complex by 38% to 73,000 tonnes this year, engineering director Benjamin Jiao said. FOREIGN TOURIST ARRIVALS TO CROATIA UP Y/Y IN APRIL BUT 1 day ago · ZAGREB (Croatia), June 10 (SeeNews) - Foreign tourist arrivals to Croatia reached 98,000 in April, an increase of 97,000 arrivals compared to April last year, when accomodation demand slumped due to the coronavirus outbreak, the statistical office said onThursday.
ROMANIA'S REAL NET WAGE RISES 8.4% Y/Y IN APRIL 1 day ago · BUCHAREST (Romania), June 11 (SeeNews) - Romania's average net monthly wage rose by a real 8.4% year-on-year in April, after rising by 4.5% in March, the country's statistical office saidon F
BULGARIA'S SIN CARS IPO OVERSUBSCRIBED THREE TIMES SOFIA (Bulgaria), June 1 (SeeNews) - The Bulgarian Stock Exchange (BSE) said on Tuesday that the initial public offering (IPO) of local electric car maker Sin ROMANIA'S NATIONAL POSTAL OPERATOR APPOINTS NEW DIRECTOR 21 hours ago · BUCHAREST (Romania), June 11 (SeeNews) - Romania's state-controlled postal services operator Posta Romana said on Friday it has appointed Valentin Stefan new UNITED GROUP'S REVENUE SOARS IN 2020 BACKED BY License: Creative Commons, Attribution 2.0 Generic. SOFIA (Bulgaria), June 7 (SeeNews) - Dutch-based multi-play and media provider United Group said on Monday that its consolidated revenue rose 56.5% on an annual comparison basis last year, reaching 1.2 billion euro ($1.5 billion) on the back of the group's recent acquisitions in Southeast PONS RO PRODCOM TO INVEST 5 MLN EURO IN NEW DETERGENT BUCHAREST (Romania), June 4 (SeeNews) - Spanish-owned detergent and other cleaning products manufacturer Pons Ro Prodcom plans to invest 5 million euro ($6.1 million) in a new factory and office space in Romania's Ilfov county. The factory will be built on a 35,000 sq m plot of land in Branesti acquired three years ago, Pons Ro Prodcomsaid in
SERBIA'S Q1 NEW CAR REGISTRATIONS RISE 29.8% Y/Y BELGRADE (Serbia), June 8 (SeeNews) - Registrations of new passenger cars in Serbia rose by an annual 29.8% to 44,596 in the first quarter of 2021, statistical office data BUSINESS INTELLIGENCE FOR SOUTHEAST EUROPE The Coronavirus. The coronavirus infection reached Southeast Europe (SEE) at the end of February, as the first case was reported in Croatia on February 25. By mid-March the number of confirmed Covid-19 cases in the region was approaching 1,000 and CROATIA LAUNCHES 5G FREQUENCY AUCTION Published. May 28, 2021 11:50 EEST. ZAGREB (Croatia), May 28 (SeeNews) - Croatia's telecommunications regulator HAKOM launched a public auction for the allocation of frequency licences for 5G networks, it said. HAKOM will carry out three separate bidding procedures for the allocation of frequencies in the 700 MHz, 3,600 MHz and 26 GHz bandson
GREECE'S FRIGOGLASS STOPS PRODUCTION AT COOLER PLANT IN BUCHAREST (Romania), June 7 (SeeNews) - Greek commercial refrigeration and glass packaging solutions manufacturer Frigoglass said on Monday that it has stopped production at its beverage coolers plant in Timisoara, western Romania, following a fire accident and is covering demand from other units. The production process at the commercial GERMANY'S BIZERBA TO OPEN FACTORY IN SERBIA BY Q4 2022 BELGRADE (Serbia), May 27 (SeeNews) – German industrial weighing and labeling machines manufacturer Bizerba plans to open a factory in Serbia's Valjevo by the fourth quarter of 2022, President AleksandarVucic said.
SERBIA'S PROMIST PLACES BID FOR FERTILISERS MAKER AZOTARA Serbia's Promist places bid for fertilisers maker Azotara. BELGRADE (Serbia), May 7 (SeeNews) - Serbian company Promist has placed a bid for the acquisition of insolvent state-controlled fertiliser maker HIP Azotara, a senior company official said. "We are waiting for a decision by HIP Azotara's board of creditors whether the sale has been CROATIA STEPS UP COVID-19 RESTRICTIONS AMID RISE IN CASES Croatia steps up COVID-19 restrictions amid rise in cases. Source: pixabay.com. ZAGREB (Croatia), April 1 (SeeNews) - The Croatian government said it is tightening the measures introduced to limit the spread of the coronavirus by imposing a ban on indoor sports training, restricting working hours of children playrooms and temporarily ROMANIA'S C-BANK RAISES 2021 INFLATION FORECAST TO 4.1% BUCHAREST (Romania), May 14 (SeeNews) - Romania's central bank said on Friday that it decided to raise its 2021 inflation forecast to 4.1% from 3.4% predicted in March, outside its target band of 1.5-3.5%. The annual CPI inflation rate increased considerably in the first quarter, nearing the upper bound of the variation band of the target, due LEAR CORP, NORMAK INVESTMENT GROUP BREAK GROUND FOR 15 MLN SKOPJE (North Macedonia), May 7 (SeeNews) - US-based car parts maker Lear Corporation and Norway's Normak Investment Group broke ground for a 15 million euro ($18.2 million) production facility that they will jointly build in North Macedonia's Tetovo, the government in Skopje said on Friday. The new facility will span 8,000 square metres and RIO TINTO TO COMPLETE CONSTRUCTION OF SERBIA'S JADAR Source: Rio Tinto. BELGRADE (Serbia), March 4 (SeeNews) - Anglo-Australian mining group Rio Tinto plans to complete the construction of an underground mine at the Jadar lithium borate project in Serbia in 2026, Serbian media reported. The company intends to invest $200 million (166 million euro) in the project this year andto start the
BULGARIAN STOCK EXCHANGE OPERATOR BUYS BACK 10,000 OWN SHARES SOFIA (Bulgaria), May 26 (SeeNews) - The Bulgarian Stock Exchange (BSE) , which operates the Sofia bourse, said on Wednesday that it repurchased 10,000 own shares through its wholly-owned unit Independent Bulgarian Energy Exchange (IBEX) on May 21. IBEX bought the shares at a price of 6 levs ($3.75/3.07 euro) apiece, the BSE saidin a
BUSINESS INTELLIGENCE FOR SOUTHEAST EUROPE The Coronavirus. The coronavirus infection reached Southeast Europe (SEE) at the end of February, as the first case was reported in Croatia on February 25. By mid-March the number of confirmed Covid-19 cases in the region was approaching 1,000 and CROATIA LAUNCHES 5G FREQUENCY AUCTION Published. May 28, 2021 11:50 EEST. ZAGREB (Croatia), May 28 (SeeNews) - Croatia's telecommunications regulator HAKOM launched a public auction for the allocation of frequency licences for 5G networks, it said. HAKOM will carry out three separate bidding procedures for the allocation of frequencies in the 700 MHz, 3,600 MHz and 26 GHz bandson
GREECE'S FRIGOGLASS STOPS PRODUCTION AT COOLER PLANT IN BUCHAREST (Romania), June 7 (SeeNews) - Greek commercial refrigeration and glass packaging solutions manufacturer Frigoglass said on Monday that it has stopped production at its beverage coolers plant in Timisoara, western Romania, following a fire accident and is covering demand from other units. The production process at the commercial GERMANY'S BIZERBA TO OPEN FACTORY IN SERBIA BY Q4 2022 BELGRADE (Serbia), May 27 (SeeNews) – German industrial weighing and labeling machines manufacturer Bizerba plans to open a factory in Serbia's Valjevo by the fourth quarter of 2022, President AleksandarVucic said.
SERBIA'S PROMIST PLACES BID FOR FERTILISERS MAKER AZOTARA Serbia's Promist places bid for fertilisers maker Azotara. BELGRADE (Serbia), May 7 (SeeNews) - Serbian company Promist has placed a bid for the acquisition of insolvent state-controlled fertiliser maker HIP Azotara, a senior company official said. "We are waiting for a decision by HIP Azotara's board of creditors whether the sale has been CROATIA STEPS UP COVID-19 RESTRICTIONS AMID RISE IN CASES Croatia steps up COVID-19 restrictions amid rise in cases. Source: pixabay.com. ZAGREB (Croatia), April 1 (SeeNews) - The Croatian government said it is tightening the measures introduced to limit the spread of the coronavirus by imposing a ban on indoor sports training, restricting working hours of children playrooms and temporarily ROMANIA'S C-BANK RAISES 2021 INFLATION FORECAST TO 4.1% BUCHAREST (Romania), May 14 (SeeNews) - Romania's central bank said on Friday that it decided to raise its 2021 inflation forecast to 4.1% from 3.4% predicted in March, outside its target band of 1.5-3.5%. The annual CPI inflation rate increased considerably in the first quarter, nearing the upper bound of the variation band of the target, due LEAR CORP, NORMAK INVESTMENT GROUP BREAK GROUND FOR 15 MLN SKOPJE (North Macedonia), May 7 (SeeNews) - US-based car parts maker Lear Corporation and Norway's Normak Investment Group broke ground for a 15 million euro ($18.2 million) production facility that they will jointly build in North Macedonia's Tetovo, the government in Skopje said on Friday. The new facility will span 8,000 square metres and RIO TINTO TO COMPLETE CONSTRUCTION OF SERBIA'S JADAR Source: Rio Tinto. BELGRADE (Serbia), March 4 (SeeNews) - Anglo-Australian mining group Rio Tinto plans to complete the construction of an underground mine at the Jadar lithium borate project in Serbia in 2026, Serbian media reported. The company intends to invest $200 million (166 million euro) in the project this year andto start the
BULGARIAN STOCK EXCHANGE OPERATOR BUYS BACK 10,000 OWN SHARES SOFIA (Bulgaria), May 26 (SeeNews) - The Bulgarian Stock Exchange (BSE) , which operates the Sofia bourse, said on Wednesday that it repurchased 10,000 own shares through its wholly-owned unit Independent Bulgarian Energy Exchange (IBEX) on May 21. IBEX bought the shares at a price of 6 levs ($3.75/3.07 euro) apiece, the BSE saidin a
SERBIA - BUSINESS AND ECONOMIC NEWS IN REAL TIME Serbia's c-bank holds key repo rate at 1.0%. May 13, 2021 14:34 EEST. France's AFD, World Bank lending 234 mln euro to back Serbia's green agenda. May 11, 2021 11:32 EEST. Serbia's Promist places bid for fertilisers maker Azotara. BOSNIA'S FEDERATION AGREES DELIVERY OF 500,000 COVID-19 1 day ago · Ministerio de Defensa del Perú from Perú, Perú, CC BY 2.0, via Wikimedia Commons SeeNews is your complete guide to the emerging economies of Southeast Europe. Latest news, market intelligence, industry analyses, on-demand research – the big picture at the tip of your fingers ZIJIN BOR COPPER TO INCREASE COPPER OUTPUT BY 38% IN 2021 1 day ago · BELGRADE (Serbia), June 11 (SeeNews) - Zijin Bor Copper, the Serbian unit of China's Zijin Mining Group, plans to increase copper production at Bor mining complex by 38% to 73,000 tonnes this year, engineering director Benjamin Jiao said. FOREIGN TOURIST ARRIVALS TO CROATIA UP Y/Y IN APRIL BUT 1 day ago · ZAGREB (Croatia), June 10 (SeeNews) - Foreign tourist arrivals to Croatia reached 98,000 in April, an increase of 97,000 arrivals compared to April last year, when accomodation demand slumped due to the coronavirus outbreak, the statistical office said onThursday.
ROMANIA'S REAL NET WAGE RISES 8.4% Y/Y IN APRIL 1 day ago · BUCHAREST (Romania), June 11 (SeeNews) - Romania's average net monthly wage rose by a real 8.4% year-on-year in April, after rising by 4.5% in March, the country's statistical office saidon F
BULGARIA'S SIN CARS IPO OVERSUBSCRIBED THREE TIMES SOFIA (Bulgaria), June 1 (SeeNews) - The Bulgarian Stock Exchange (BSE) said on Tuesday that the initial public offering (IPO) of local electric car maker Sin ROMANIA'S NATIONAL POSTAL OPERATOR APPOINTS NEW DIRECTOR 21 hours ago · BUCHAREST (Romania), June 11 (SeeNews) - Romania's state-controlled postal services operator Posta Romana said on Friday it has appointed Valentin Stefan new UNITED GROUP'S REVENUE SOARS IN 2020 BACKED BY License: Creative Commons, Attribution 2.0 Generic. SOFIA (Bulgaria), June 7 (SeeNews) - Dutch-based multi-play and media provider United Group said on Monday that its consolidated revenue rose 56.5% on an annual comparison basis last year, reaching 1.2 billion euro ($1.5 billion) on the back of the group's recent acquisitions in Southeast PONS RO PRODCOM TO INVEST 5 MLN EURO IN NEW DETERGENT BUCHAREST (Romania), June 4 (SeeNews) - Spanish-owned detergent and other cleaning products manufacturer Pons Ro Prodcom plans to invest 5 million euro ($6.1 million) in a new factory and office space in Romania's Ilfov county. The factory will be built on a 35,000 sq m plot of land in Branesti acquired three years ago, Pons Ro Prodcomsaid in
SERBIA'S Q1 NEW CAR REGISTRATIONS RISE 29.8% Y/Y BELGRADE (Serbia), June 8 (SeeNews) - Registrations of new passenger cars in Serbia rose by an annual 29.8% to 44,596 in the first quarter of 2021, statistical office data BUSINESS INTELLIGENCE FOR SOUTHEAST EUROPE The Coronavirus. The coronavirus infection reached Southeast Europe (SEE) at the end of February, as the first case was reported in Croatia on February 25. By mid-March the number of confirmed Covid-19 cases in the region was approaching 1,000 and CROATIA LAUNCHES 5G FREQUENCY AUCTION Published. May 28, 2021 11:50 EEST. ZAGREB (Croatia), May 28 (SeeNews) - Croatia's telecommunications regulator HAKOM launched a public auction for the allocation of frequency licences for 5G networks, it said. HAKOM will carry out three separate bidding procedures for the allocation of frequencies in the 700 MHz, 3,600 MHz and 26 GHz bandson
GERMANY'S BIZERBA TO OPEN FACTORY IN SERBIA BY Q4 2022 BELGRADE (Serbia), May 27 (SeeNews) – German industrial weighing and labeling machines manufacturer Bizerba plans to open a factory in Serbia's Valjevo by the fourth quarter of 2022, President AleksandarVucic said.
UNITED GROUP'S REVENUE SOARS IN 2020 BACKED BY License: Creative Commons, Attribution 2.0 Generic. SOFIA (Bulgaria), June 7 (SeeNews) - Dutch-based multi-play and media provider United Group said on Monday that its consolidated revenue rose 56.5% on an annual comparison basis last year, reaching 1.2 billion euro ($1.5 billion) on the back of the group's recent acquisitions in Southeast SERBIA'S PROMIST PLACES BID FOR FERTILISERS MAKER AZOTARA Serbia's Promist places bid for fertilisers maker Azotara. BELGRADE (Serbia), May 7 (SeeNews) - Serbian company Promist has placed a bid for the acquisition of insolvent state-controlled fertiliser maker HIP Azotara, a senior company official said. "We are waiting for a decision by HIP Azotara's board of creditors whether the sale has been BULGARIAN STOCK EXCHANGE OPERATOR BUYS BACK 10,000 OWN SHARES SOFIA (Bulgaria), May 26 (SeeNews) - The Bulgarian Stock Exchange (BSE) , which operates the Sofia bourse, said on Wednesday that it repurchased 10,000 own shares through its wholly-owned unit Independent Bulgarian Energy Exchange (IBEX) on May 21. IBEX bought the shares at a price of 6 levs ($3.75/3.07 euro) apiece, the BSE saidin a
ROMANIA'S C-BANK RAISES 2021 INFLATION FORECAST TO 4.1% BUCHAREST (Romania), May 14 (SeeNews) - Romania's central bank said on Friday that it decided to raise its 2021 inflation forecast to 4.1% from 3.4% predicted in March, outside its target band of 1.5-3.5%. The annual CPI inflation rate increased considerably in the first quarter, nearing the upper bound of the variation band of the target, due LEAR CORP, NORMAK INVESTMENT GROUP BREAK GROUND FOR 15 MLN SKOPJE (North Macedonia), May 7 (SeeNews) - US-based car parts maker Lear Corporation and Norway's Normak Investment Group broke ground for a 15 million euro ($18.2 million) production facility that they will jointly build in North Macedonia's Tetovo, the government in Skopje said on Friday. The new facility will span 8,000 square metres and SERBIA POWER CONSUMPTION BELGRADE (SERBIA), May 21 (SeeNews) - SERBIA'S DAILY ELECTRICITY CONSUMPTION FIGURES. Reporting on the daily volume and changes in Serbia's electricity consumption as given by the Serbian power system operator JP Elektromreza Srbije at 15:00 CET: Serbia's electricity consumption on Thursday went up by 4.79% to 87,597 megawatt hours. FITCH AFFIRMS ROMANIA AT 'BBB-', OUTLOOK REMAINS NEGATIVE Fitch Ratings Romania. BUCHAREST (Romania), April 24 (SeeNews) - Fitch Ratings said it has affirmed Romania's long-term foreign and local currency issuer default ratings (IDR) at 'BBB-', with a negative outlook. Romania's investment-grade ratings are supported by government debt and debt service levels below peers, and GDP percapita
BUSINESS INTELLIGENCE FOR SOUTHEAST EUROPE The Coronavirus. The coronavirus infection reached Southeast Europe (SEE) at the end of February, as the first case was reported in Croatia on February 25. By mid-March the number of confirmed Covid-19 cases in the region was approaching 1,000 and CROATIA LAUNCHES 5G FREQUENCY AUCTION Published. May 28, 2021 11:50 EEST. ZAGREB (Croatia), May 28 (SeeNews) - Croatia's telecommunications regulator HAKOM launched a public auction for the allocation of frequency licences for 5G networks, it said. HAKOM will carry out three separate bidding procedures for the allocation of frequencies in the 700 MHz, 3,600 MHz and 26 GHz bandson
GERMANY'S BIZERBA TO OPEN FACTORY IN SERBIA BY Q4 2022 BELGRADE (Serbia), May 27 (SeeNews) – German industrial weighing and labeling machines manufacturer Bizerba plans to open a factory in Serbia's Valjevo by the fourth quarter of 2022, President AleksandarVucic said.
UNITED GROUP'S REVENUE SOARS IN 2020 BACKED BY License: Creative Commons, Attribution 2.0 Generic. SOFIA (Bulgaria), June 7 (SeeNews) - Dutch-based multi-play and media provider United Group said on Monday that its consolidated revenue rose 56.5% on an annual comparison basis last year, reaching 1.2 billion euro ($1.5 billion) on the back of the group's recent acquisitions in Southeast SERBIA'S PROMIST PLACES BID FOR FERTILISERS MAKER AZOTARA Serbia's Promist places bid for fertilisers maker Azotara. BELGRADE (Serbia), May 7 (SeeNews) - Serbian company Promist has placed a bid for the acquisition of insolvent state-controlled fertiliser maker HIP Azotara, a senior company official said. "We are waiting for a decision by HIP Azotara's board of creditors whether the sale has been BULGARIAN STOCK EXCHANGE OPERATOR BUYS BACK 10,000 OWN SHARES SOFIA (Bulgaria), May 26 (SeeNews) - The Bulgarian Stock Exchange (BSE) , which operates the Sofia bourse, said on Wednesday that it repurchased 10,000 own shares through its wholly-owned unit Independent Bulgarian Energy Exchange (IBEX) on May 21. IBEX bought the shares at a price of 6 levs ($3.75/3.07 euro) apiece, the BSE saidin a
ROMANIA'S C-BANK RAISES 2021 INFLATION FORECAST TO 4.1% BUCHAREST (Romania), May 14 (SeeNews) - Romania's central bank said on Friday that it decided to raise its 2021 inflation forecast to 4.1% from 3.4% predicted in March, outside its target band of 1.5-3.5%. The annual CPI inflation rate increased considerably in the first quarter, nearing the upper bound of the variation band of the target, due LEAR CORP, NORMAK INVESTMENT GROUP BREAK GROUND FOR 15 MLN SKOPJE (North Macedonia), May 7 (SeeNews) - US-based car parts maker Lear Corporation and Norway's Normak Investment Group broke ground for a 15 million euro ($18.2 million) production facility that they will jointly build in North Macedonia's Tetovo, the government in Skopje said on Friday. The new facility will span 8,000 square metres and SERBIA POWER CONSUMPTION BELGRADE (SERBIA), May 21 (SeeNews) - SERBIA'S DAILY ELECTRICITY CONSUMPTION FIGURES. Reporting on the daily volume and changes in Serbia's electricity consumption as given by the Serbian power system operator JP Elektromreza Srbije at 15:00 CET: Serbia's electricity consumption on Thursday went up by 4.79% to 87,597 megawatt hours. FITCH AFFIRMS ROMANIA AT 'BBB-', OUTLOOK REMAINS NEGATIVE Fitch Ratings Romania. BUCHAREST (Romania), April 24 (SeeNews) - Fitch Ratings said it has affirmed Romania's long-term foreign and local currency issuer default ratings (IDR) at 'BBB-', with a negative outlook. Romania's investment-grade ratings are supported by government debt and debt service levels below peers, and GDP percapita
BOSNIA'S FEDERATION AGREES DELIVERY OF 500,000 COVID-19 9 hours ago · Ministerio de Defensa del Perú from Perú, Perú, CC BY 2.0, via Wikimedia Commons SeeNews is your complete guide to the emerging economies of Southeast Europe. Latest news, market intelligence, industry analyses, on-demand research – the big picture at the tip of your fingers CORRECTED - EU COMMISSION LIFTS BULGARIA'S 2021 GDP GROWTH 14 hours ago · SOFIA (Bulgaria), June 10 (SeeNews) - In SeeNews story "EU Commission lifts Bulgaria's 2021 GDP growth fcast, projects 4.9% rise in 2022" dated May 12, please read in the second paragraph "lowered its forecast for increase in Bulgaria's GDP in 2022 to 4.7% from 4.9% projected in February" instead of "also affirmed its forecast for a 4.9% increase in Bulgaria's GDP in 2022". CROATIA'S 4-MO TRADE DEFICIT UP 3.6% Y/Y 1 day ago · ZAGREB (Croatia), June 9 (SeeNews) – Croatia's trade deficit widened to 22.7 billion kuna ($3.69 billion/3.03 billion euro) in the first four months of 2021, compared with a gap of 21.9 billion in the same period of 2020, the country's statistical office said onWednesday.
WORLD BANK AFFIRMS N. MACEDONIA'S 2021 GDP GROWTH F'CAST 1 day ago · SKOPJE (North Macedonia), June 9 (SeeNews) - The World Bank said it expects North Macedonia's gross domestic product (GDP) togrow by 3.6% in
UNITED GROUP'S REVENUE SOARS IN 2020 BACKED BY License: Creative Commons, Attribution 2.0 Generic. SOFIA (Bulgaria), June 7 (SeeNews) - Dutch-based multi-play and media provider United Group said on Monday that its consolidated revenue rose 56.5% on an annual comparison basis last year, reaching 1.2 billion euro ($1.5 billion) on the back of the group's recent acquisitions in Southeast ROMANIA - BUSINESS AND ECONOMIC NEWS IN REAL TIME Romania's Autonom Services targets double-digit revenue growth in 2021, mulls new acquisitions. May 04, 2021 12:36 EEST. Romanian govt analysts forecast 5% GDP growth in 2021. Apr 28, 2021 14:42 EEST. Romania's OMV Petrom to pay flat dividend, invest 670 mln euro in2020.
BULGARIA EXTENDS STATE OF EPIDEMIC EMERGENCY UNTIL END-JULY SOFIA (Bulgaria), May 26 (SeeNews) - Bulgaria's government said on Wednesday that it has decided to extend the state of epidemic emergency until the end of July. Bulgaria still faces risks stem CROATIA TO ALLOW WEDDINGS, INDOOR DINING IN PARTIAL EASING May 26, 2021 16:29 EEST. Mario Fajt/CC by 2.0. ZAGREB (Croatia), May 26 (SeeNews) - The Croatian government will ease some restrictions introduced to limit the spread of Covid-19 by allowing indoor restaurant dining and weddings with up to 120 guests, it said on Wednesday. Under the new set of measures, effective from May 28 tomid-June, public
ROMGAZ AGAIN POSTPONES TERMINATION OF CONTRACT FOR IERNUT May 24, 2021 11:31 EEST. Romgaz's Iernut power plant upgrade project Source: Romgaz. BUCHAREST (Romania), May 24 (SeeNews) - Romanian natural gas producer Romgaz said it has extended again the suspension of the notice of termination of its contract with the Duro Felguera - Romelectro consortium for the construction of a 430 MWpower
KOSOVO ALLOWS MALLS, RESTAURANTS TO REOPEN IN EASING OF Apr 19, 2021 15:35 EEST. Vegim Zhitija/CC BY-SA 2.0. PRISTINA (Kosovo), April 19 (SeeNews) - Kosovo's government has decided to allow shopping malls, gyms and hospitality venues to reopen, relaxing some of the COVID-19 restrictions as of Monday morning, the prime minister's office said. Yet, these businesses will have to ensuresocial
BUSINESS INTELLIGENCE FOR SOUTHEAST EUROPE The Coronavirus. The coronavirus infection reached Southeast Europe (SEE) at the end of February, as the first case was reported in Croatia on February 25. By mid-March the number of confirmed Covid-19 cases in the region was approaching 1,000 and CROATIA LAUNCHES 5G FREQUENCY AUCTION Published. May 28, 2021 11:50 EEST. ZAGREB (Croatia), May 28 (SeeNews) - Croatia's telecommunications regulator HAKOM launched a public auction for the allocation of frequency licences for 5G networks, it said. HAKOM will carry out three separate bidding procedures for the allocation of frequencies in the 700 MHz, 3,600 MHz and 26 GHz bandson
GERMANY'S BIZERBA TO OPEN FACTORY IN SERBIA BY Q4 2022 BELGRADE (Serbia), May 27 (SeeNews) – German industrial weighing and labeling machines manufacturer Bizerba plans to open a factory in Serbia's Valjevo by the fourth quarter of 2022, President AleksandarVucic said.
UNITED GROUP'S REVENUE SOARS IN 2020 BACKED BY License: Creative Commons, Attribution 2.0 Generic. SOFIA (Bulgaria), June 7 (SeeNews) - Dutch-based multi-play and media provider United Group said on Monday that its consolidated revenue rose 56.5% on an annual comparison basis last year, reaching 1.2 billion euro ($1.5 billion) on the back of the group's recent acquisitions in Southeast SERBIA'S PROMIST PLACES BID FOR FERTILISERS MAKER AZOTARA Serbia's Promist places bid for fertilisers maker Azotara. BELGRADE (Serbia), May 7 (SeeNews) - Serbian company Promist has placed a bid for the acquisition of insolvent state-controlled fertiliser maker HIP Azotara, a senior company official said. "We are waiting for a decision by HIP Azotara's board of creditors whether the sale has been BULGARIAN STOCK EXCHANGE OPERATOR BUYS BACK 10,000 OWN SHARES SOFIA (Bulgaria), May 26 (SeeNews) - The Bulgarian Stock Exchange (BSE) , which operates the Sofia bourse, said on Wednesday that it repurchased 10,000 own shares through its wholly-owned unit Independent Bulgarian Energy Exchange (IBEX) on May 21. IBEX bought the shares at a price of 6 levs ($3.75/3.07 euro) apiece, the BSE saidin a
ROMANIA'S C-BANK RAISES 2021 INFLATION FORECAST TO 4.1% BUCHAREST (Romania), May 14 (SeeNews) - Romania's central bank said on Friday that it decided to raise its 2021 inflation forecast to 4.1% from 3.4% predicted in March, outside its target band of 1.5-3.5%. The annual CPI inflation rate increased considerably in the first quarter, nearing the upper bound of the variation band of the target, due LEAR CORP, NORMAK INVESTMENT GROUP BREAK GROUND FOR 15 MLN SKOPJE (North Macedonia), May 7 (SeeNews) - US-based car parts maker Lear Corporation and Norway's Normak Investment Group broke ground for a 15 million euro ($18.2 million) production facility that they will jointly build in North Macedonia's Tetovo, the government in Skopje said on Friday. The new facility will span 8,000 square metres and SERBIA POWER CONSUMPTION BELGRADE (SERBIA), May 21 (SeeNews) - SERBIA'S DAILY ELECTRICITY CONSUMPTION FIGURES. Reporting on the daily volume and changes in Serbia's electricity consumption as given by the Serbian power system operator JP Elektromreza Srbije at 15:00 CET: Serbia's electricity consumption on Thursday went up by 4.79% to 87,597 megawatt hours. FITCH AFFIRMS ROMANIA AT 'BBB-', OUTLOOK REMAINS NEGATIVE Fitch Ratings Romania. BUCHAREST (Romania), April 24 (SeeNews) - Fitch Ratings said it has affirmed Romania's long-term foreign and local currency issuer default ratings (IDR) at 'BBB-', with a negative outlook. Romania's investment-grade ratings are supported by government debt and debt service levels below peers, and GDP percapita
BUSINESS INTELLIGENCE FOR SOUTHEAST EUROPE The Coronavirus. The coronavirus infection reached Southeast Europe (SEE) at the end of February, as the first case was reported in Croatia on February 25. By mid-March the number of confirmed Covid-19 cases in the region was approaching 1,000 and CROATIA LAUNCHES 5G FREQUENCY AUCTION Published. May 28, 2021 11:50 EEST. ZAGREB (Croatia), May 28 (SeeNews) - Croatia's telecommunications regulator HAKOM launched a public auction for the allocation of frequency licences for 5G networks, it said. HAKOM will carry out three separate bidding procedures for the allocation of frequencies in the 700 MHz, 3,600 MHz and 26 GHz bandson
GERMANY'S BIZERBA TO OPEN FACTORY IN SERBIA BY Q4 2022 BELGRADE (Serbia), May 27 (SeeNews) – German industrial weighing and labeling machines manufacturer Bizerba plans to open a factory in Serbia's Valjevo by the fourth quarter of 2022, President AleksandarVucic said.
UNITED GROUP'S REVENUE SOARS IN 2020 BACKED BY License: Creative Commons, Attribution 2.0 Generic. SOFIA (Bulgaria), June 7 (SeeNews) - Dutch-based multi-play and media provider United Group said on Monday that its consolidated revenue rose 56.5% on an annual comparison basis last year, reaching 1.2 billion euro ($1.5 billion) on the back of the group's recent acquisitions in Southeast SERBIA'S PROMIST PLACES BID FOR FERTILISERS MAKER AZOTARA Serbia's Promist places bid for fertilisers maker Azotara. BELGRADE (Serbia), May 7 (SeeNews) - Serbian company Promist has placed a bid for the acquisition of insolvent state-controlled fertiliser maker HIP Azotara, a senior company official said. "We are waiting for a decision by HIP Azotara's board of creditors whether the sale has been BULGARIAN STOCK EXCHANGE OPERATOR BUYS BACK 10,000 OWN SHARES SOFIA (Bulgaria), May 26 (SeeNews) - The Bulgarian Stock Exchange (BSE) , which operates the Sofia bourse, said on Wednesday that it repurchased 10,000 own shares through its wholly-owned unit Independent Bulgarian Energy Exchange (IBEX) on May 21. IBEX bought the shares at a price of 6 levs ($3.75/3.07 euro) apiece, the BSE saidin a
ROMANIA'S C-BANK RAISES 2021 INFLATION FORECAST TO 4.1% BUCHAREST (Romania), May 14 (SeeNews) - Romania's central bank said on Friday that it decided to raise its 2021 inflation forecast to 4.1% from 3.4% predicted in March, outside its target band of 1.5-3.5%. The annual CPI inflation rate increased considerably in the first quarter, nearing the upper bound of the variation band of the target, due LEAR CORP, NORMAK INVESTMENT GROUP BREAK GROUND FOR 15 MLN SKOPJE (North Macedonia), May 7 (SeeNews) - US-based car parts maker Lear Corporation and Norway's Normak Investment Group broke ground for a 15 million euro ($18.2 million) production facility that they will jointly build in North Macedonia's Tetovo, the government in Skopje said on Friday. The new facility will span 8,000 square metres and SERBIA POWER CONSUMPTION BELGRADE (SERBIA), May 21 (SeeNews) - SERBIA'S DAILY ELECTRICITY CONSUMPTION FIGURES. Reporting on the daily volume and changes in Serbia's electricity consumption as given by the Serbian power system operator JP Elektromreza Srbije at 15:00 CET: Serbia's electricity consumption on Thursday went up by 4.79% to 87,597 megawatt hours. FITCH AFFIRMS ROMANIA AT 'BBB-', OUTLOOK REMAINS NEGATIVE Fitch Ratings Romania. BUCHAREST (Romania), April 24 (SeeNews) - Fitch Ratings said it has affirmed Romania's long-term foreign and local currency issuer default ratings (IDR) at 'BBB-', with a negative outlook. Romania's investment-grade ratings are supported by government debt and debt service levels below peers, and GDP percapita
BOSNIA'S FEDERATION AGREES DELIVERY OF 500,000 COVID-19 6 hours ago · Ministerio de Defensa del Perú from Perú, Perú, CC BY 2.0, via Wikimedia Commons SeeNews is your complete guide to the emerging economies of Southeast Europe. Latest news, market intelligence, industry analyses, on-demand research – the big picture at the tip of your fingers CORRECTED - EU COMMISSION LIFTS BULGARIA'S 2021 GDP GROWTH 11 hours ago · SOFIA (Bulgaria), June 10 (SeeNews) - In SeeNews story "EU Commission lifts Bulgaria's 2021 GDP growth fcast, projects 4.9% rise in 2022" dated May 12, please read in the second paragraph "lowered its forecast for increase in Bulgaria's GDP in 2022 to 4.7% from 4.9% projected in February" instead of "also affirmed its forecast for a 4.9% increase in Bulgaria's GDP in 2022". CROATIA'S 4-MO TRADE DEFICIT UP 3.6% Y/Y 1 day ago · ZAGREB (Croatia), June 9 (SeeNews) – Croatia's trade deficit widened to 22.7 billion kuna ($3.69 billion/3.03 billion euro) in the first four months of 2021, compared with a gap of 21.9 billion in the same period of 2020, the country's statistical office said onWednesday.
WORLD BANK AFFIRMS N. MACEDONIA'S 2021 GDP GROWTH F'CAST 1 day ago · SKOPJE (North Macedonia), June 9 (SeeNews) - The World Bank said it expects North Macedonia's gross domestic product (GDP) togrow by 3.6% in
UNITED GROUP'S REVENUE SOARS IN 2020 BACKED BY License: Creative Commons, Attribution 2.0 Generic. SOFIA (Bulgaria), June 7 (SeeNews) - Dutch-based multi-play and media provider United Group said on Monday that its consolidated revenue rose 56.5% on an annual comparison basis last year, reaching 1.2 billion euro ($1.5 billion) on the back of the group's recent acquisitions in Southeast ROMANIA - BUSINESS AND ECONOMIC NEWS IN REAL TIME Romania's Autonom Services targets double-digit revenue growth in 2021, mulls new acquisitions. May 04, 2021 12:36 EEST. Romanian govt analysts forecast 5% GDP growth in 2021. Apr 28, 2021 14:42 EEST. Romania's OMV Petrom to pay flat dividend, invest 670 mln euro in2020.
BULGARIA EXTENDS STATE OF EPIDEMIC EMERGENCY UNTIL END-JULY SOFIA (Bulgaria), May 26 (SeeNews) - Bulgaria's government said on Wednesday that it has decided to extend the state of epidemic emergency until the end of July. Bulgaria still faces risks stem CROATIA TO ALLOW WEDDINGS, INDOOR DINING IN PARTIAL EASING May 26, 2021 16:29 EEST. Mario Fajt/CC by 2.0. ZAGREB (Croatia), May 26 (SeeNews) - The Croatian government will ease some restrictions introduced to limit the spread of Covid-19 by allowing indoor restaurant dining and weddings with up to 120 guests, it said on Wednesday. Under the new set of measures, effective from May 28 tomid-June, public
ROMGAZ AGAIN POSTPONES TERMINATION OF CONTRACT FOR IERNUT May 24, 2021 11:31 EEST. Romgaz's Iernut power plant upgrade project Source: Romgaz. BUCHAREST (Romania), May 24 (SeeNews) - Romanian natural gas producer Romgaz said it has extended again the suspension of the notice of termination of its contract with the Duro Felguera - Romelectro consortium for the construction of a 430 MWpower
KOSOVO ALLOWS MALLS, RESTAURANTS TO REOPEN IN EASING OF Apr 19, 2021 15:35 EEST. Vegim Zhitija/CC BY-SA 2.0. PRISTINA (Kosovo), April 19 (SeeNews) - Kosovo's government has decided to allow shopping malls, gyms and hospitality venues to reopen, relaxing some of the COVID-19 restrictions as of Monday morning, the prime minister's office said. Yet, these businesses will have to ensuresocial
BUSINESS INTELLIGENCE FOR SOUTHEAST EUROPE One-stop shop for business news, market research and company intelligence that gives you a 360-degree perspective on Southeast Europe. 15+ years of expertise. SERBIA POWER CONSUMPTION 48 minutes ago · BELGRADE (SERBIA), June 10 (SeeNews) - SERBIA'S DAILY ELECTRICITY CONSUMPTION FIGURES Reporting on the daily volume and changes in Serbia's electricity consumption as given by the Serbian power system operator JP Elektromreza Srbije at 15:00 CET: KOSOVO'S HARMONISED CONSUMER PRICE INDEX RISES 2% Y/Y IN 24 minutes ago · PRISTINA (Kosovo), June 10 (SeeNews) – Kosovo’s harmonised index of consumer prices (HICP) rose by 2% year-on-year in May, after adding in 1.9% in April, the national statistical officesaid on Thursday.
EXPLOSIONS RATTLE SERBIAN AMMO MAKER SLOBODA'S CACAK PLANT BELGRADE (Serbia), June 4 (SeeNews) - A series of explosions rocked the plant of Serbian ammunition manufacturer Sloboda in the town of Cacak, but no workers were injured in the blasts, the Serbian interior ministry said on Friday. SERBIA POWER CONSUMPTION BELGRADE (SERBIA), May 21 (SeeNews) - SERBIA'S DAILY ELECTRICITY CONSUMPTION FIGURES Reporting on the daily volume and changes in Serbia's electricity consumption as given by the Serbian power system operator JP Elektromreza Srbije at 15:00 CET: GERMANY'S BIZERBA TO OPEN FACTORY IN SERBIA BY Q4 2022 BELGRADE (Serbia), May 27 (SeeNews) – German industrial weighing and labeling machines manufacturer Bizerba plans to open a factory in Serbia's Valjevo by the fourth quarter of 2022, President AleksandarVucic said.
CROATIA LAUNCHES 5G FREQUENCY AUCTION ZAGREB (Croatia), May 28 (SeeNews) - Croatia's telecommunications regulator HAKOM launched a public auction for the allocation of frequency licences for FITCH AFFIRMS ROMANIA AT 'BBB-', OUTLOOK REMAINS NEGATIVE BUCHAREST (Romania), April 24 (SeeNews) - Fitch Ratings said it has affirmed Romania's long-term foreign and local currency issuer default ratings (IDR) at 'BBB-', with a negative outlook. BULGARIAN STOCK EXCHANGE OPERATOR BUYS BACK 10,000 OWN SHARES SOFIA (Bulgaria), May 26 (SeeNews) - The Bulgarian Stock Exchange (BSE) , which operates the Sofia bourse, said on Wednesday that it repurchased 10,000 own shares through its wholly-owned uni TURKEY'S SASA TO INVEST $330 MLN IN NEW FIBER PRODUCTION PLANT ANKARA (Turkey), March 22 (SeeNews) - Turkey's specialty polymers and chemicals manufacturer Sasa Polyester Sanayi AS said on Monday that it decided to invest an estimated $330 million (276.7 million euro) in the construction of a new fiber production plant. BUSINESS INTELLIGENCE FOR SOUTHEAST EUROPE One-stop shop for business news, market research and company intelligence that gives you a 360-degree perspective on Southeast Europe. 15+ years of expertise. SERBIA POWER CONSUMPTION 48 minutes ago · BELGRADE (SERBIA), June 10 (SeeNews) - SERBIA'S DAILY ELECTRICITY CONSUMPTION FIGURES Reporting on the daily volume and changes in Serbia's electricity consumption as given by the Serbian power system operator JP Elektromreza Srbije at 15:00 CET: KOSOVO'S HARMONISED CONSUMER PRICE INDEX RISES 2% Y/Y IN 24 minutes ago · PRISTINA (Kosovo), June 10 (SeeNews) – Kosovo’s harmonised index of consumer prices (HICP) rose by 2% year-on-year in May, after adding in 1.9% in April, the national statistical officesaid on Thursday.
EXPLOSIONS RATTLE SERBIAN AMMO MAKER SLOBODA'S CACAK PLANT BELGRADE (Serbia), June 4 (SeeNews) - A series of explosions rocked the plant of Serbian ammunition manufacturer Sloboda in the town of Cacak, but no workers were injured in the blasts, the Serbian interior ministry said on Friday. SERBIA POWER CONSUMPTION BELGRADE (SERBIA), May 21 (SeeNews) - SERBIA'S DAILY ELECTRICITY CONSUMPTION FIGURES Reporting on the daily volume and changes in Serbia's electricity consumption as given by the Serbian power system operator JP Elektromreza Srbije at 15:00 CET: GERMANY'S BIZERBA TO OPEN FACTORY IN SERBIA BY Q4 2022 BELGRADE (Serbia), May 27 (SeeNews) – German industrial weighing and labeling machines manufacturer Bizerba plans to open a factory in Serbia's Valjevo by the fourth quarter of 2022, President AleksandarVucic said.
CROATIA LAUNCHES 5G FREQUENCY AUCTION ZAGREB (Croatia), May 28 (SeeNews) - Croatia's telecommunications regulator HAKOM launched a public auction for the allocation of frequency licences for FITCH AFFIRMS ROMANIA AT 'BBB-', OUTLOOK REMAINS NEGATIVE BUCHAREST (Romania), April 24 (SeeNews) - Fitch Ratings said it has affirmed Romania's long-term foreign and local currency issuer default ratings (IDR) at 'BBB-', with a negative outlook. BULGARIAN STOCK EXCHANGE OPERATOR BUYS BACK 10,000 OWN SHARES SOFIA (Bulgaria), May 26 (SeeNews) - The Bulgarian Stock Exchange (BSE) , which operates the Sofia bourse, said on Wednesday that it repurchased 10,000 own shares through its wholly-owned uni TURKEY'S SASA TO INVEST $330 MLN IN NEW FIBER PRODUCTION PLANT ANKARA (Turkey), March 22 (SeeNews) - Turkey's specialty polymers and chemicals manufacturer Sasa Polyester Sanayi AS said on Monday that it decided to invest an estimated $330 million (276.7 million euro) in the construction of a new fiber production plant. CORRECTED - EU COMMISSION LIFTS BULGARIA'S 2021 GDP GROWTH 4 hours ago · SOFIA (Bulgaria), June 10 (SeeNews) - In SeeNews story "EU Commission lifts Bulgaria's 2021 GDP growth fcast, projects 4.9% rise in 2022" dated May 12, please read in the second paragraph "lowered its forecast for increase in Bulgaria's GDP in 2022 to 4.7% from 4.9% projected in February" instead of "also affirmed its forecast for a 4.9% increase in Bulgaria's GDP in 2022". UNITED GROUP'S REVENUE SOARS IN 2020 BACKED BY SOFIA (Bulgaria), June 7 (SeeNews) - Dutch-based multi-play and media provider United Group said on Monday that its consolidated revenue rose 56.5% on an annual comparison basis last year, reaching 1.2 billion euro ($1.5 billion) on the back of the group's recentacquisitions in
WORLD BANK AFFIRMS N. MACEDONIA'S 2021 GDP GROWTH F'CAST 1 day ago · SKOPJE (North Macedonia), June 9 (SeeNews) - The World Bank said it expects North Macedonia's gross domestic product (GDP) togrow by 3.6% in
SERBIA POWER CONSUMPTION 48 minutes ago · BELGRADE (SERBIA), June 10 (SeeNews) - SERBIA'S DAILY ELECTRICITY CONSUMPTION FIGURES Reporting on the daily volume and changes in Serbia's electricity consumption as given by the Serbian power system operator JP Elektromreza Srbije at 15:00 CET: CROATIA'S 4-MO TRADE DEFICIT UP 3.6% Y/Y 1 day ago · ZAGREB (Croatia), June 9 (SeeNews) – Croatia's trade deficit widened to 22.7 billion kuna ($3.69 billion/3.03 billion euro) in the first four months of 2021, compared with a gap of 21.9 billion in the same period of 2020, the country's statistical office said onWednesday.
ROMANIA'S TRADE GAP WIDENS 16% Y/Y IN JAN-APR 1 day ago · BUCHAREST (Romania), June 9 (SeeNews) - Romania's trade deficit rose by 958 million euro year-on-year in the first four months of 2021 to an estimated 6.25 billion euro ($7.607 billion), the count KOSOVO'S HARMONISED CONSUMER PRICE INDEX RISES 2% Y/Y IN 24 minutes ago · PRISTINA (Kosovo), June 10 (SeeNews) – Kosovo’s harmonised index of consumer prices (HICP) rose by 2% year-on-year in May, after adding in 1.9% in April, the national statistical officesaid on Thursday.
ROMANIA'S GDP SHRINKS 0.2% Y/Y IN Q1 BUCHAREST (Romania), June 8 (SeeNews) - Romania's economy contracted by 0.2% year-on-year in the first quarter of 2021, compared to a 2.4% BULGARIA EXTENDS STATE OF EPIDEMIC EMERGENCY UNTIL END-JULY SOFIA (Bulgaria), May 26 (SeeNews) - Bulgaria's government said on Wednesday that it has decided to extend the state of epidemic emergency until the end of July. Bulgaria still faces risks stem KOSOVO ALLOWS MALLS, RESTAURANTS TO REOPEN IN EASING OF PRISTINA (Kosovo), April 19 (SeeNews) - Kosovo's government has decided to allow shopping malls, gyms and hospitality venues to reopen, relaxing some of BUSINESS INTELLIGENCE FOR SOUTHEAST EUROPE The Coronavirus. The coronavirus infection reached Southeast Europe (SEE) at the end of February, as the first case was reported in Croatia on February 25. By mid-March the number of confirmed Covid-19 cases in the region was approaching 1,000 and COMPREHENSIVE AND DETAILED COMPANY INTELLIGENCE Our online searchable database has 800,000+ company profiles. SeeNews's researchers are able to address specific company information requests within 24 hours. CROATIA LAUNCHES 5G FREQUENCY AUCTION Published. May 28, 2021 11:50 EEST. ZAGREB (Croatia), May 28 (SeeNews) - Croatia's telecommunications regulator HAKOM launched a public auction for the allocation of frequency licences for 5G networks, it said. HAKOM will carry out three separate bidding procedures for the allocation of frequencies in the 700 MHz, 3,600 MHz and 26 GHz bandson
GERMANY'S BIZERBA TO OPEN FACTORY IN SERBIA BY Q4 2022 BELGRADE (Serbia), May 27 (SeeNews) – German industrial weighing and labeling machines manufacturer Bizerba plans to open a factory in Serbia's Valjevo by the fourth quarter of 2022, President AleksandarVucic said.
BULGARIA TO EXTEND STATE OF EPIDEMIC EMERGENCY UNTIL END-MAY SOFIA (Bulgaria), April 27 (SeeNews) - Bulgaria's prime minister Boyko Borissov said on Tuesday that the country will extend the state of epidemic emergency introduced over the COVID-19 pandemic by one month until the end of May. The government will also focus on ensuring predictability for the tourism industry and clear rules for the entryof
SERBIA'S PROMIST PLACES BID FOR FERTILISERS MAKER AZOTARA Serbia's Promist places bid for fertilisers maker Azotara. BELGRADE (Serbia), May 7 (SeeNews) - Serbian company Promist has placed a bid for the acquisition of insolvent state-controlled fertiliser maker HIP Azotara, a senior company official said. "We are waiting for a decision by HIP Azotara's board of creditors whether the sale has been CROATIA STEPS UP COVID-19 RESTRICTIONS AMID RISE IN CASES Croatia steps up COVID-19 restrictions amid rise in cases. Source: pixabay.com. ZAGREB (Croatia), April 1 (SeeNews) - The Croatian government said it is tightening the measures introduced to limit the spread of the coronavirus by imposing a ban on indoor sports training, restricting working hours of children playrooms and temporarily LEAR CORP, NORMAK INVESTMENT GROUP BREAK GROUND FOR 15 MLN SKOPJE (North Macedonia), May 7 (SeeNews) - US-based car parts maker Lear Corporation and Norway's Normak Investment Group broke ground for a 15 million euro ($18.2 million) production facility that they will jointly build in North Macedonia's Tetovo, the government in Skopje said on Friday. The new facility will span 8,000 square metres and BULGARIAN STOCK EXCHANGE OPERATOR BUYS BACK 10,000 OWN SHARES SOFIA (Bulgaria), May 26 (SeeNews) - The Bulgarian Stock Exchange (BSE) , which operates the Sofia bourse, said on Wednesday that it repurchased 10,000 own shares through its wholly-owned unit Independent Bulgarian Energy Exchange (IBEX) on May 21. IBEX bought the shares at a price of 6 levs ($3.75/3.07 euro) apiece, the BSE saidin a
FITCH AFFIRMS ROMANIA AT 'BBB-', OUTLOOK REMAINS NEGATIVE Fitch Ratings Romania. BUCHAREST (Romania), April 24 (SeeNews) - Fitch Ratings said it has affirmed Romania's long-term foreign and local currency issuer default ratings (IDR) at 'BBB-', with a negative outlook. Romania's investment-grade ratings are supported by government debt and debt service levels below peers, and GDP percapita
BUSINESS INTELLIGENCE FOR SOUTHEAST EUROPE The Coronavirus. The coronavirus infection reached Southeast Europe (SEE) at the end of February, as the first case was reported in Croatia on February 25. By mid-March the number of confirmed Covid-19 cases in the region was approaching 1,000 and COMPREHENSIVE AND DETAILED COMPANY INTELLIGENCE Our online searchable database has 800,000+ company profiles. SeeNews's researchers are able to address specific company information requests within 24 hours. CROATIA LAUNCHES 5G FREQUENCY AUCTION Published. May 28, 2021 11:50 EEST. ZAGREB (Croatia), May 28 (SeeNews) - Croatia's telecommunications regulator HAKOM launched a public auction for the allocation of frequency licences for 5G networks, it said. HAKOM will carry out three separate bidding procedures for the allocation of frequencies in the 700 MHz, 3,600 MHz and 26 GHz bandson
GERMANY'S BIZERBA TO OPEN FACTORY IN SERBIA BY Q4 2022 BELGRADE (Serbia), May 27 (SeeNews) – German industrial weighing and labeling machines manufacturer Bizerba plans to open a factory in Serbia's Valjevo by the fourth quarter of 2022, President AleksandarVucic said.
BULGARIA TO EXTEND STATE OF EPIDEMIC EMERGENCY UNTIL END-MAY SOFIA (Bulgaria), April 27 (SeeNews) - Bulgaria's prime minister Boyko Borissov said on Tuesday that the country will extend the state of epidemic emergency introduced over the COVID-19 pandemic by one month until the end of May. The government will also focus on ensuring predictability for the tourism industry and clear rules for the entryof
SERBIA'S PROMIST PLACES BID FOR FERTILISERS MAKER AZOTARA Serbia's Promist places bid for fertilisers maker Azotara. BELGRADE (Serbia), May 7 (SeeNews) - Serbian company Promist has placed a bid for the acquisition of insolvent state-controlled fertiliser maker HIP Azotara, a senior company official said. "We are waiting for a decision by HIP Azotara's board of creditors whether the sale has been CROATIA STEPS UP COVID-19 RESTRICTIONS AMID RISE IN CASES Croatia steps up COVID-19 restrictions amid rise in cases. Source: pixabay.com. ZAGREB (Croatia), April 1 (SeeNews) - The Croatian government said it is tightening the measures introduced to limit the spread of the coronavirus by imposing a ban on indoor sports training, restricting working hours of children playrooms and temporarily LEAR CORP, NORMAK INVESTMENT GROUP BREAK GROUND FOR 15 MLN SKOPJE (North Macedonia), May 7 (SeeNews) - US-based car parts maker Lear Corporation and Norway's Normak Investment Group broke ground for a 15 million euro ($18.2 million) production facility that they will jointly build in North Macedonia's Tetovo, the government in Skopje said on Friday. The new facility will span 8,000 square metres and BULGARIAN STOCK EXCHANGE OPERATOR BUYS BACK 10,000 OWN SHARES SOFIA (Bulgaria), May 26 (SeeNews) - The Bulgarian Stock Exchange (BSE) , which operates the Sofia bourse, said on Wednesday that it repurchased 10,000 own shares through its wholly-owned unit Independent Bulgarian Energy Exchange (IBEX) on May 21. IBEX bought the shares at a price of 6 levs ($3.75/3.07 euro) apiece, the BSE saidin a
FITCH AFFIRMS ROMANIA AT 'BBB-', OUTLOOK REMAINS NEGATIVE Fitch Ratings Romania. BUCHAREST (Romania), April 24 (SeeNews) - Fitch Ratings said it has affirmed Romania's long-term foreign and local currency issuer default ratings (IDR) at 'BBB-', with a negative outlook. Romania's investment-grade ratings are supported by government debt and debt service levels below peers, and GDP percapita
UNITED GROUP'S REVENUE SOARS IN 2020 BACKED BY 15 hours ago · SOFIA (Bulgaria), June 7 (SeeNews) - Dutch-based multi-play and media provider United Group said on Monday that its consolidated revenue rose 56.5% on an annual comparison basis last year, reaching 1.2 billion euro ($1.5 billion) on the back of the group's recent acquisitions in BULGARIA'S CHIMIMPORT CONS NET PROFIT FALLS SLIGHTLY IN Q1 17 hours ago · SOFIA (Bulgaria), June 7 (SeeNews) - Bulgarian diversified group Chimimport said that its consolidated net profit excluding minority interest edged down to 16.4 million levs ($10.2 million/8.4 million euro) in the first quarter of 2021, compared with 16.6 million levs a year earlier. ACCOUNT - SEENEWS - BUSINESS INTELLIGENCE FOR SOUTHEAST EUROPE Slovenia’s Datalab 9-mo FY 2021 cons net profit rises. NIS tops turnover list on Belgrade bourse, share indices end down. Bucharest bourse indices start week in the green, Purcari Wineries shines. Greek businessman to sell Montenegrin lender UCB to Italian investor. Zagreb stock exchange indices rise in GREECE'S FRIGOGLASS STOPS PRODUCTION AT COOLER PLANT IN 21 hours ago · BUCHAREST (Romania), June 7 (SeeNews) - Greek commercial refrigeration and glass packaging solutions manufacturer Frigoglass said on Monday that it has stopped production at its beverage coolers plant in Timisoara, western Romania, following a fireaccident and is
RUSSIA'S NORDWIND LAUNCHES MOSCOW-SKOPJE ROUTE 22 hours ago · SKOPJE (North Macedonia), June 7 (SeeNews) - Russia's Nordwind Airlines carried out the first flight on its new route connecting Moscow to North SOPHARMA, SIRMA GROUP HOLDING WEIGH ON BULGARIAN BLUE-CHIP 16 hours ago · SOFIA (Bulgaria), June 7 (SeeNews) - The Bulgarian Stock Exchange blue-chip SOFIX started the week on red territory, closing Monday's trading session 0.82% STATKRAFT BEGINS COMMERCIAL OPERATIONS AT FLOATING SOLAR 22 hours ago · TIRANA (Albania), June 7 (SeeNews) - Norway's renewable energy company Statkraft has begun commercial operations at the first unit of its floating solar plant located at the Banja reservoir in southeastern Albania, it said. BULGARIAN PRODUCERS' EXPORTS VIA KAUFLAND NETWORK UP 11% Y SOFIA (Bulgaria), June 4 (SeeNews) - Bulgarian producers booked over 27 million levs ($16.7 million/13.8 million euro) in sales abroad via stores of German retailer Kaufland, up 11% year-on-year, Kaufland Bulgaria said on Friday. BULGARIA'S SIRMA GROUP HOLDING CONS NET PROFIT HALVES IN Q1 SOFIA (Bulgaria), June 4 (SeeNews) - Bulgarian software developer Sirma Group Holding said that its consolidated net profit excluding minority interest fell to 1.2 million levs ($74,300/61,400 euro) in the first quarter of 2021, compared with 2.4 million levs ayear earlier.
PONS RO PRODCOM TO INVEST 5 MLN EURO IN NEW DETERGENT Pons Ro Prodcom new factory in Branesti (graphic render) Source: Pons Ro Prodcom SeeNews is your complete guide to the emerging economies of Southeast Europe. Latest news, market intelligence, industry analyses, on-demand research – the big picture at the tip of your fingersSEE NEWS
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EXPLOSIONS RATTLE SERBIAN AMMO MAKER SLOBODA'S CACAK PLANT, NOINJURIES
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2d ago INTERVIEW: Eurohold Bulgaria to seek further opportunities for growth in energy sector 3d ago US Take-Two scores deal for Serbian mobile games firm Nordeus 3d ago Croatian govt raises budget deficit target to 3.8%/GDP 3d ago Bulgaria's inflation to accelerate in Q2, Q3 - c-bank 3d ago Serbia's economy to expand by at least 10% y/y in Q2 - fin min 3d ago US State Dept. blacklists five Bulgarian public officials overcorruption
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CRISIS
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DEAL OR NO DEAL
M&A/Privatisation
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The Green Deal
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1 Crisis
ECONOMIC OUTLOOK
The second peak in Covid-19 cases in Southeast Europe has put brakes on the region's economic recovery, which is expected to gain momentum in the spring of 2021, depending on how quickly the region's west European trade partners emerge from the crisis, the structure of each country's economy and the effectiveness of domestic and EU stimuluspackages.
Latest top story
CROATIAN GOVT RAISES BUDGET DEFICIT TARGET TO 3.8%/GDP03-06-2021
Chart
Economic developments in 2021 and 2022 will be largely determined by how successfully vaccination programmes will tame the pandemic and how quickly governments will lift restrictions - EC report European Commission spring forecast 2021Story feed
* Romania's Jan-Apr retail sales rise 8.7% y/y - table * Romania sells less than planned 572 mln lei (116 mln euro) of 2024 T-bonds, yield rises - table * Croatian govt raises budget deficit target to 3.8%/GDP * Bulgaria's inflation to accelerate in Q2, Q3 - c-bank * Albania to auction 3 bln leks (24 mln euro) of 2-yr T-notes onJune 7
Older stories
Analyses & figures
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Interview INTERVIEW: More SEE companies embrace cloud in push for flexibility amid pandemicChart
IMF World Economic OutlookApril 2021
Chart
World Bank's forecast for SEE countries economic growth 2020/21 Europe and Central Asia Economic Update Winter 20212 Deal or no deal
M&A/PRIVATISATION
Covid-related uncertainties led to a contraction of Southeast Europe's mergers and acquisitions (M&A) market in 2020 but market players expect a recovery in 2021 amid positive signals from the economy, ample liquidity and cheap financing. "There is money in the market. Both strategic and financial investors have substantial capital resources, financing is cheap due to still very low interest rates and the time is right for companies that want to expand, consolidate or diversify and transform their business by acquiring resources and new technologies," a market analyst said. In Romania, the region's biggest market, M&A deals worth 4.9 billion euro were concluded in 2020, down by 6%, according to PricewaterhouseCoopers (PwC). The number of transactions in the country in 2020, however, increased 18%.AD
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US TAKE-TWO SCORES DEAL FOR SERBIAN MOBILE GAMES FIRM NORDEUS03-06-2021
Word for word
There are signals that market players' interest for transactions, both on the buying and selling side, will continue in 2021, but given the uncertainties that govern the entire economic spectrum amid the continuing pandemic, we remain cautious. Deloitte Romania financial consultancy partner Radu DumitrescuStory feed
* Croatia's Medika sells 5.63% stake to Auctor Holding unit * Minority stake in N. Macedonia's Automakedonija trades in blocktransaction
* Serbian anti-trust body clears acquisition of Napred 41 byPoland's GTC
* US Take-Two scores deal for Serbian mobile games firm Nordeus * Romania's Banca Transilvania buying Idea Bank Romania for 43 mlneuro
Older stories
Word for word
Romania's most dynamic sectors set to remain on investors' agenda are IT&C, industrial products, energy, real estate, health and pharma. M&A Outlook Report, PwCIn numbers
1.5 bln euro
The disclosed value of Romania's M&A market in 2020, according toDeloitte
Analyses & figures
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Company Report Idea Bank SA__
Interview INTERVIEW: Eurohold Bulgaria to seek further opportunities for growth in energy sector3 Climate chance
THE GREEN DEAL
In late 2019, the European Commission unveiled a set of initiatives dubbed the European Green under which the bloc should reach carbon-neutrality by 2050. The Green Deal will be pivotal for Europe in the next decade and not catching up with an increasingly ambitious EU creates a risk for any member state’s economy. Where does Southeast Europe (SEE) stand in this context?AD
Latest top story
ALTERNUS ENERGY BUYS 20MWP SOLAR PARK IN ROMANIA FOR 22 MLN EURO04-05-2021
Analyses & figures
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Interview INTERVIEW: SEE needs to strengthen governance, foster innovation and invest in green economyStory feed
* Croatia's CIAK starts works on new lithium-ion battery recyclingcentre
* Croatia's HEP launches 500 mln kuna (66 mln euro) Korlat wind farm * Romania, Greece lead EU members in SEE in climate action - ECFD * Croatia to grant 1.14 bln kuna (151 mln euro) to MSMEs in manufacturing to boost competitiveness * EBRD lending 9.1 mln euro to Albania's KESH for floating PV plantproject
Older stories
Analyses & figures
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Company Report Ljg Green Source Energy Beta SRLWord for word
The European Green Deal presents an opportunity to decarbonise EU economies while also ensuring competitiveness is a top priority. Gallina Vincelette, World Bank Country Director for the EUChart
Share of energy from renewable sources RES Targets 2030 Commission's assessment of the individual country target4 viewpoint
ANALYSES&COMMENTS
Reading between the lines of the official statistics and companies' balance sheets, the industry officials and market experts offer their insights on the main trends shaping markets in Southeast Europe.Chart
SEE countries in Transparency International's Corruption Perception Index (CPI) 2020 'This year’s CPI shows corruption is more pervasive in countries least equipped to handle the COVID-19 pandemic and other global crises' - surveyIn numbers
$11.2 bln
Expenditures on IoT in CEE, according to IDC estimates.Latest top story
INTERVIEW: EUROHOLD BULGARIA TO SEEK FURTHER OPPORTUNITIES FOR GROWTHIN ENERGY SECTOR
04-06-2021
Word for word
"Most of the SEE countries are running high trade deficits with China and this puts the question to what extent it makes sense to have too much further engagement of China in the region." Guenter Deuber, Head of Economics, Fixed Income and FX Research at Raiffeisen Bank InternationalStory feed
* INTERVIEW - Bulgaria's Access Finance starts ops in Spain, eyesfurther expansion*
* Croatia's GDP seen down 3.7% y/y in Q1 - think-tank estimate * Bulgaria still struggles with political corruption, opaque media ownership - Freedom House * Political uncertainty in Bulgaria unlikely to affect key economicpolicies - Fitch
* Albania post-election outlook: brittle bipolarity and state capture - Vienneast CompassOlder stories
Chart
Poverty rates in SEE countries - 2018World
Bank - Macro Poverty Outlook for Europe and Central Asia5 Shopping spree
E-COMMERCE
.
Latest top story
ROMANIA'S CARGUS ACQUIRES MAJORITY STAKE IN LOCAL E-FULFILMENT COQEOPS
02-06-2021
Analyses & figures
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Interview INTERVIEW: Eurohold Bulgaria to seek further opportunities for growth in energy sectorStory feed
* Romanian online retail group eMAG books 8.93 bln lei (1.8 bln euro) revenues in 2020 * Turkish e-commerce firm D-MARKET files for Wall Street listing * Bulgarian VC firm Eleven Capital to exit Sofia-based Metrilo * Glovo agrees to acquire Delivery Hero's ops in six SEE markets for170 mln euro
* Bulgaria's Metrica opens logistics centre near SofiaOlder stories
Analyses & figures
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Company Report Urgent Cargus SAWord for word
In the context of the pandemic and as most consumers are oriented towards online shopping, our services have become increasingly sought after and are no longer an exotic option. Bogdan Colceriu, founder of Romanian e-fulfilment platform FrisboIn numbers
120 mln euro
Black Friday sales booked by Romania's eMag6 On high alert
THE CORONAVIRUS
The coronavirus infection reached Southeast Europe (SEE) at the end of February, as the first case was reported in Croatia on February 25. By mid-March the number of confirmed Covid-19 cases in the region was approaching 1,000 and most countries had declared a state of emergency. Restaurants and shops, with the exception of pharmacies and food stores, had pulled down their shutters and air carriers had cancelled most of their flights. As countries closed their borders, supply chains and relations with clients on foreign markets were disrupted. A drop in orders forced companies to cut production and warn that they may need to lay off staff. The sectors most exposed to China were the first to take the blow but as the disease went global, its impact could be seen across the board, fueling fears about an impending economic slowdown.AD
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EBRD HEAD TO FOCUS ON POST-COVID-19 RECOVERY, INVESTMENT ON VIRTUALVISIT TO ROMANIA
10-05-2021
In numbers
2.49 mln
people in Romania fully vaccinated against the coronavirus disease by May 12, with total 6.2 mln doses administered since December 27.Story feed
* Romania's Sphera Franchise swings to net profit in Q1 * World Bank approves 200 mln euro loan to Croatia's HBOR * Croatia to donate 20,000 Covid-19 vaccines to Albania, N.Macedonia
* N. Macedonia cuts curfew hours further, reopens fitness centres * EBRD head to focus on post-Covid-19 recovery, investment on virtual visit to RomaniaOlder stories
Word for word
The uncertainty associated with the coronavirus in investment activity at the global and regional level and a possible distortion of distribution channels could affect investment developments in Moldova. Moldova's central bankWord for word
Already thin export prospects are further aggravated by the COVID-19 virus spread and the consequent supply shock (i.e. FCA temporarily closing production due to lack of parts from China), while strong construction cycle implies yet another year with double digit growthof imports.
Erste Group
Chart
16.5 mln people fully vaccinated against the coronavirus disease, 9.15 mln Covid-19 cases, 144,755 deaths in SEE countries - as of May12
Source: SeeNews, WHO, Johns Hopkins UniversityOUR CLIENTS
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