Franchise market may reach EUR 3 bln in 2010

The franchise market, put at approx. EUR 1 bln in 2006, may reach close to EUR 3 bln by 2010, given that many foreign companies are waiting for Romania to join the European Union before the expand operations in the region, ... More


BV McCann Erickson Romania Wins Top Award at Golden Drum

BV McCann Erickson Romania won the Golden Rose award for advertising agency of the year at the Golden Drum advertising festival in Portoroz on Friday, 6 October. The Romanian agency, which scored 80 points, was followed by ... More


Gemisa raises EUR 30 million for new investments fund

Shareholders of Gemisa Investments will set up a new fund worth EUR 20-30 million by the end of the year. Until now, Gemisa has been focusing mainly on small projects from the services sector. The fund has invested EUR 4.7 ... More


Center for promoting export opened

Serbian president Boris Tadić opened a Regional Center for promoting and assisting export in Leskovac. During the ceremony, Tadić said the south of Serbia was a strategic spot on Serbia’s map which must change ... More


Bucharest International Technical Fair

President Traian Basescu yesterday recommended Romanian companies to pay attention to the equipment and technology they purchase, because given the January 1, 2007 EU accession, with an outdated technology they will be unable to ... More


Fourteen realties sold

Montenegro has so far sold 14 of 270 military locations in its possession and used almost all of the €17.3 million it got. Mijajlo Savic, advisor for army financing in the Ministry of Finance, said that the income from ... More


Frenchmen from Alten in Romania

French company Alten, one of the most important technological consultancy groups around the world, intends to enter the Romanian market through a purchase, stated for Reuters President Alten Simon Azoulay, quoted by Mediafax. ... More


EXPO XXI International Expocenter Belgrade to be officially put into operation on September 30

EXPO XXI International Expocenter Belgrade, of which the most modernly equipped building is settled in 74A Španskih boraca Street in Novi Beograd, will be officially put into operation on Saturday, September 30, 2006. On ... More


Westhill opens Romanian office

UK investment advisory company and property developer, Westhill, has opened an office in Bucharest. Westhill operates in UK and emerging European markets, managing four private equity funds, focusing on UK, Romania and Bulgaria. ... More


Around 40 Montenegrin firms to attend Levant Fair

Representatives of around 40 Montenegrin companies will attend the 70th Levant Fair taking place between 9 and 17 September in the Italian town of Bari. On September 12, designated by the event's official timetable as the Day ... More


Turkey’s oldest trade fair in Izmir opened

Turkey's oldest trade fair, the 75th Iternational Izmir Fair, officially opens here today at 6.30pm. The 10-DAY Izmir fair will star different firms from 25 countries and Kazakhstan will be this year's "Guest of Honour" ... More


Toward vision and projects – participation in Fair "Invest Expo 06" confirmed by about 50 significant exhibitors

The first investment fair in Serbia will be held in Kragujevac on September 6 and 7, 2006, with the support of the city administration, Regional Chamber of Commerce and the Investment Promotion Agency. About 50 exhibitors ... More


City of Kragujevac's "Investment Guide" published

City of Kragujevac is in the middle of preparations for the forthcoming First Investment Fair in Serbia - "Invest expo 06", which will be held on September 6 and 7 in hotel "Šumarice". Shortly before that event, ... More


Leskovac grill – a Serbian brand

Leskovac-style grilled meat is protected as a brand by the Intellectual Property Bureau. Chief of the Leskovac Municipal Administration for Economy and Agriculture, Stanoje Sekulić, said that there will be a decision soon ... More


Bank loans to shore up Sofia city budget in '07

The Sofia municipality has budgeted revenues of 600 mln levs for 2007, up from 500 mln levs this year, shows the budget draft moved for approval to the finance ministry. Some 80 mln levs of the revenues are actually credits ... More


The portfolio of Proprietatea Fund will be modified

Proprietatea Fund will give back part of its participations or assets and it will take over other shares or assets, within the limit of the initial equity capital, since some of the companies taken over from the Authority ... More


EIB seeks interns from partner countries

The European Investment Bank is seeking young people from the Mediterranean partner countries to work as interns either at the EIB headquarters in Luxembourg or at one of its offices abroad. The competition, held under the FEMIP ... More


Bulgarian biz eager to invest in Plovdiv fair

The hush surrounding the privatisation plans for International Fair Plovdiv Co., the state-owned organiser of the international fair of the same name, was interrupted last week when local tourism mogul Georgi Gergov said he was ... More


EUR 150 M turnover, condition for passport auction

The companies that intend to take part in the auction for the creation of electronic passports will have to fulfil several conditions, such as an annual average of the last three years turnover worth minimum EUR 150 M, and the ... More


U.S. company to buy Bulgarian chain Happy Bar&Grill

As reported by Dnevnik U.S. company Rowell, which developed the concept for the successful Happy Bar&Grill eateries, will acquire 75% of the Bulgarian restaurant chain, said Happy sales director Snezhana Petrova. Happy ... More