Accenture Opens Local Delivery Center

Management consulting, technology services and outsourcing company Accenture opened a new delivery center in Bucharest that will provide business process outsourcing services in finance and accounting, human resources and ... More


East Capital Launches New Fund For The Balkan Markets

East Capital will launch East Capital Bering Balkan Fund, with a capitalization of $100 million and a four year duration. The fund will be destined to low risk countries of terms of capital market, like Romania and Bulgaria. The ... More


EUR 14.5 M investment in Timisoara Industrial Park

Investment in the Industrial Park in Timisoara has reached EUR 14.5 M, about 60 per cent of the plots beings taken by eight companies in the auto, industrial, logistic, pharmaceutical and food sectors, Managing Director of the ... More


McCan Erickson Public Relation" - best PR agency in Serbia

On July 2, 2006, in the Assembly of City of Belgrade, Serbia's Association for Public Relations held its annual meeting of experts in that field - "PRijem 2006". On that occasion, the ninth year in a row, the certificates for ... More


Aerostar Bacau To Resume Discussions For $200 Million Contract

The discussions for signing a contract according through which Aerostar Bacau will upgrade 26 MIG-21 planes belonging to the Nigerian Army have been resumed this month, after almost a year since they have been blocked. The Bacau ... More


Alliances, acquisitions in law firm market

Clifford Chance, the world’s largest law firm, and Cerha Hempel Spigelfeld Hlawati, seen as one of the best in Austria, have recently announced their association with practices in Bucharest, “Saptamana ... More


WTC Bucharest finished 2005 with losses

World Trade Center (WTC) Bucharest registered last year a turnover worth RON 54.3 M, approx 15 per cent lower that 2004, and losses worth approx RON 8 M, according to the company’s data. WTC Bucharest had last year a gross ... More


ECOLIFE 2006 ecological products exhibition

The Ecolife 2006 ecological products exhibition opens today at the Agora Calatrava at the Athens Olympic Stadium complex in the Athens district of Maroussi. Running over four days, it is the first such exhibition to take place in ... More


RSM Hemmelrath Partners Up With RSM McGladrey

European company RSM Hemmelrath and the American company RSM McGladrey are uniting to become a worldwide leading provider in the field of fiscal, financial and legal consultancy, with an emphasis on transactions. The objective is ... More


French-owned sink maker may shut down Bulgarian ops

International Composit, a French-owned producer of sinks, could relocate its production operations abroad over a raging dispute with companies occupying lots adjacent to its factory in Kyustendil, Southern Bulgaria. The ... More


Clifford Chance Partners Up With Georgescu&Asociatii

Clifford Chance partnered up with law firm Badea, Georgescu&Asociatii to enter the Romanian market, the annual value of which is estimated to EUR 100 million. "Our new office in Bucharest is a starting point for developing ... More


Romexpo To Build EUR 6 Million Pavilion In Exhibition Complex

Romexpo plans to build a 12,000 sqm pavilion with an investment of EUR 6 million. The new construction will form a complex together with two existing pavilions in Romexpo and will be inaugurated in March next year. The expansion ... More


"Invest expo 2006" Investment Fair in Kragujevac to be held on September 6 and 7, 2006

On September 6 and 7, 2006, the first investment fair "Invest Expo 2006", organized by the city administration and regional chamber of commerce, will be held in Kragujevac. The manager of the Agency for Promotion, Investments ... More


Goldas Represents Turkey in the Year Awards

Gold’s represents Turkey in World Ernst & Young Entrepreneur of the Year Awards 2006 held in Monte Carlo, Monaco. The jury of seven, consisting of previous winners from the Czech Republic, US, Japan, India, Hungary, ... More


'Metropolitan Park' in southern Athens

Environment, Town Planning and Public Works Minister George Souflias announced on Thursday that work for the creation of the "Metropolitan Park" at the old Athens international airport of Hellenikon in southern Athens will start ... More


Delta’s Miskovic in Skopje

Prime Minister Vlado Buckovski and President of Serbia's Delta Corporation Miroslav Miskovic met in Skopje and discussed possibilities for Delta's investments in FYRMacedonia In a statement issued after the meeting, the ... More


Incentives to small and medium enterprises

Incentives to small and medium enterprises and entrepreneurs in renewal of abandoned and opening of new plants with few employees is a chance for development of artisanship in Montenegro, which has been neglected in the last 15 ... More


$25.13 Million In Turnover For Amway Romania Marketing

Amway Romania Marketing saw $25.13 million in turnover in 2005, 62 percent bigger than in the previous year. For 2006, the company estimates a 40-50 percent increase in turnover compared to 2005. Amway has a portfolio of over 600 ... More


Hellenic Aerospace Industry (EAB) in USD 92 mln deal with ALENIA

The Hellenic Aerospace Industry (EAB) signed today a USD 92 million contract with Italy's Alenia Aeronautica. Under the contract EAB will participate in the assembly of door frameworks in the cargo department of Boeing 787 ... More


Waste recycling plant by a U.S. investor in Shumen

The construction of a recycling plant for solid household waste and biomass will begin in Shumen, North-eastern Bulgaria, this September, said Stefan Terziev, a representative of the project's U.S. investor ICS International ... More