Deloitte plans to focus on structural funds

The Romanian subsidiary of international Deloitte consultancy and audit group is interested in providing consultancy services to companies aiming to access EU structural funds, according to company officials, Business Standard ... More


Irish Property High-Flyer with Investments in Bulgaria Faces High Court

Michael Lynn, an Irish solicitor and property developer with huge investments in Bulgaria, has been brought before the High Court in Ireland on charges that he used clients' money to purchase overseas property and draw down up to ... More


Krka, Sava Among Top 1,000 EU Companies in R&D

Slovenian drug maker Krka and chemicals-through-tourism conglomerate Sava are among the 1,000 major investors in research and development in the EU, according to the "2007 EU Industrial R&D Investment Scoreboard", released on ... More


Three Serbs in regional Europe rich list

Filip Zepter, Miroslav Mišković and Stanko Subotić are on a list of the richest people in central and eastern Europe. The richest person in the region is Russian mogul Oleg Deripaska, according to the list of ... More


Turkish defense companies show off at London fair

The Defense Systems and Equipment International Exhibition (DSEi), the world’s most prestigious defense exhibition, opened yesterday at the ExCel international exhibition and conference center in London. This year ... More


Slovenian business club founded

Slovenian companies operating in Montenegro have founded their business club, in order to improve their individual business results and promote cooperation with Montenegrin companies. Crtomir Mesaric, the Director General of ... More


Bulgarian holding co Chimimport to raise cap to 150 mln levs

Chimimport, Bulgaria's biggest holding company, will raise its capital from 130 mln to 150 mln levs through the issue of 20 mln new shares, the outfit, controlled by Varna-based economic conglomerate TIM, said in a filing with ... More


Sofia Europe's Cheapest Living Destinations

Bulgaria's capital city of Sofia is the cheapest living destination for foreigners in Europe, a survey of the UK's research company "Mercer" shows. The list of the most expensive cities in the world is topped by Moscow for the ... More


1st electronic appliance recycling plant opens in Greece

The first electrical and electronic appliance recycling plant in Greece was inaugurated today in Aghii Theodori township, west of Athens, by Environment minister George Souflias. "The opening of the electronic waste recycling ... More


Company "ITM" founded closed investment fund

Company "ITM" has founded a closed investment fund together with British business group "Lion", said Toplica Spasojević, the President of that company. He said that two companies had already joined the fund - "Lofolen", ... More


Romexpo puts EUR 15 million in exhibition center expansion

Romexpo will invest some EUR 15 million to expand the exhibition center with two pavilions with a total surface of 32,000 sqm. The works will start at the end of the year the latest and the spaces might be used starting with the ... More


ITM launches closed investment fund

Belgrade’s ITM has launched a closed investment fund in partnership with British Lion Group. IMT president Toplica Spasojević told Beta that two companies had already set up the Fund, with plans to snap up 10 more ... More


Austrian temping co Trenkwalder buys Bulgarian peer

Austrian personnel service provider Trenkwalder Group Wednesday announced the acquisition of an 80% stake in Bulgarian personnel consulting company Correct-Consult. Trenkwalder said the deal continues its market growth in ... More


Russian billionaire expands operations in Romania

Austrian constructions company Strabag sold 30 percent of its shares to Russian billionaire Oleg Deripaska, the second richest person in Russia, for EUR 1.2 billion. Deripaska is therefore expanding operations in Romania, after ... More


Equest buys 67% stake in Borovets developer

Investment fund Equest Investment Balkans (EIB) has made a non-refundable payment of 5 mln euro to purchase an option to acquire 67% of Rila-Samokov 2004 AD, the project company that owns 2 mln sq m of land in Bulgaria's Borovets ... More


Welcomeurope signs partnership with local Pegas

Welcomeurope signed a partnership contract with Pegas, for organizing training courses for the companies and public institutions which want to access UE funds. Pegas posted last year a turnover of EUR 900,000, and a net profit of ... More


International Fair in Plovdiv

Over 1,200 companies from 38 countries will participate in the 27th International Fair of Consumer Goods and Technologies in Plovdiv from May 7 to 12, Plovdiv Fair's Executive Director Georgi Gergov told a news conference in ... More


International Public Relations Congress of South Eastern Europe

The International Congress for Public Relations of South Eastern Europe PRO.PR 2007 kicks off Monday in Ohrid. The goal of congress, which is to last until April 27, is connecting the professionals of this and other similar ... More


Bulgarian Business Leaders Forum new Chairman

Maria Shishkova, Managing Partner of AIMS Human Capital in Bulgaria and Macedonia, was elected Chairman of the Bulgarian Business Leaders Forum (BBLF). Shishkova will take over from Maxim Behar, CEO of M3 Communications Group, ... More


Companies from 16 countries at TIBCO 2007

The 24th edition of International Consumer Good Fair TIBCO 2007, held during March 29 to April 1, 2007, gathered companies from 16 countries. Together with Romania, commercial businesses from Italy, Greece, Bulgaria, Pakistan, ... More