ECIKS launches IPAK-Vienna Website

Within its activities in implementing the project for investment promotion in the German-speaking countries, the Economic Initiative for Kosova - ECIKS has launched the website of the Vienna Office of Investment Promotion Agency ... More

Cyprus-Belgrade bidder for Savremena printer

Serbia’s Privatization Agency has confirmed a consortium of the Cyprus-based company Broad Hurst Investments Limited and Belgradés Srbijateks as the first-ranking bidder at the tender for sale of the publishing and ... More

SBB Cable and Internet provider sole to MEP and EBRD

Serbia’s leading cable, Total TV and broadband internet provider SBB, has been sold for an unofficially disclosed sum of almost 200 million euro. The new owners, MEP investment fund and EBRD, plan to sell the company after ... More

EnergyObserver moves out of Serbia

EnergyObserver Empire has decided to move its Balkan energy summit out of Serbia for undisclosed reasons. The company announced that the summit will not be held in Belgrade, but rather in Sveti Stefan, ... More

UPC Romania takes over Sebmar based in Focsani

UPC Romania purchased at the beginning of June, the internet supplier Sebmar based in Foscani, in Vrancea county. The value of the transaction was not made public. Following this transaction, UPC adds 2,000 clients to the current ... More

Bulgarian TV channel to air in Croatia

24-hour satellite music channel Balkanica Music Television has become the first foreign outlet to be granted access to cable transmission in Croatia. The channel is one of the 24 television broadcasters licensed by the Bulgaria ... More

Greek co buys 50% in Bulgarian Internet portal

Bulgaria's anti-trust authority has approved the acquisition by Greek company Metropolis Publishing S.A. of a 50% stake in local company Metropolis 2007, the owner of the Internet portal. Metropolis is part of ... More

Belgrade to host Press Institute World Congress

Belgrade will be the site of next year's International Press Institute World Congress, representatives of the organization decided at a meeting in Istanbul. To be held on June 14-17, the IPI event is dedicated to the furthering ... More

Beverage Group Ups Stake in Publisher Delo to 94%

Beverage group Pivovarna Lasko managed to acquire just under 50% of the outstanding shares of publisher Delo, increasing its stake to 94.09%, the company said on Thursday, 3 May. Lasko launched its bid for Delo on 2 April. The ... More

“We may buy Sabah under right conditions”

Vice Chairman of Canada-based media giant Canwest Fatih Akol said they are interested in any Turkish media company that is on the market, adding that as a market player they will not hesitate to take part in an auction for the ... More

B92 honored as one of Serbia’s Superbrands

Belgrade’s Sava Center Monday evening hosted a prestigious marketing event – Superbrands ceremony. The title is awarded in 60 countries worldwide and honors brands that have high quality and are recognizable, ... More

Bulgarian advertising market seen at 250 mln euro in '07

Bulgaria's advertising market should post a 35% year-on-year gain to 250 mln euro in 2007, Krasimir Gergov, chairman of the Association of Advertising Agencies (ARA), told the annual forum of the organisation on Monday. The ... More

MTG AB completes acquisition of Balkan Media Group Limited

Swedish-based international media group Modern Times Group MTG AB (MTG) said last week it has completed its previously announced acquisition of a 50% stake in Balkan Media Group Limited. The investment gives MTG management ... More

Serbian businessman on Forbes list

Delta Holding owner Milorad Mišković has made it to the Forbes list of the world¢s richest people. Mišković holds the 891st spot along with fifty other entrepreneurs whose net worth has been estimated at ... More

REAL printing house estimates EUR 10 million in turnover in 2007

REAL printing house registered in 2006 a turnover of EUR 6 million, a 70 percent increase on 2005 and estimates for this year sales of EUR 10 million. At the end of 2006 the company has started an investment project of EUR 1 ... More

European fund buys 70% stake in Bulgarian ISP, the Bulgarian Internet provider, said it has ingested an investment of some 3 mln levs from European investment fund CEE Growth Luxembourg Sicar s.c.a. This is not the final investment figure but just the first ... More

26 Billionaires among the World’s richest, FORBES

The number of the USD billionaires in Turkey, which was 20 last year, has jumped to 26 this year, according to the list of the richest 100 Turkish people published on Forbes Turkey magazine. The richest 100 Turkish peoplés ... More

EPS buys 14 percent of Politika shares

Public company Electrocommerce of Serbia (EPS) has bought 14 percent of newspaper group Politika a.d. for 6 million euros. While both companies refuse to comment on the recapitalization, economy minister’s aide Slavomir ... More

Serbia gets its consumer report magazine

Serbian Consumer Association (APOS) published the first issue of Consumer Report magazine.The magazine will come out monthly, as a supplement to Danas daily newspaper. In addition to a variety of other information, the magazine ... More

Banker of the Year" award in 2006 won by Oliver Roegl from Raiffeisen bank

The Head of the Executive Board of Raiffeisen bank in Serbia, Oliver Roegl, is the winner of this-year "Banker of the Year" award, which is given by "Ekonomist media group". Such decision has been made by the expert jury made ... More