The Bank of Cyprus announced on Tuesday it agreed the sale of a portfolio of loans with a gross book value of €2.8 bn (of which €2.7 bn relate to nonperforming loans) secured by real estate collateral.
Southern & SE Europe
Serbia's overall external trade for the period January - May 2018 went up by 24.3% to USD 18488.3 million compared to the same period in 2017 and up by 9.3 % to EUR 15143.6 million, according to the Statistical Office of the Republic of Serbia
British American Tobacco (BAT), the world's most international tobacco group, in the presence of members of the Romanian Government including Vice PM Viorel Stefan, Finance Minister Eugen Teodorovici, Minister for Business Environment, Commer
The Financial Times (FT) in partnership with information technology consultancy Xoomworks are establishing a research and development (R&D) centre in Sofia in autumn 2018, according to a press release.
Piraeus, the largest Greek seaport, is the world's fastest growing port and will be the largest port in the Mediterranean by 2019, displacing Hamburg from third place in Europe, the German newspaper Die Zeit writes.
Foreign investors continue to see Romania as an excellent investment destination and the largest market in South-Eastern Europe.
The London Stock Exchange Group (LSEG), one of the world’s biggest capital market operators, is setting up a new business services centre in Bucharest.
Mytilineos Holdings, a Greek-based industrial conglomerate, announced the signing of an agreement between its subsidiary METKA Power West Africa and the Federal Government of Nigeria for the first phase of the Energizing Education program, an
The value of Romania's mergers and acquisitions (M&A) market dropped by 36% year-on-year in the first quarter of 2018 to 258 million euro, according to an analysis by Deloitte Romania, based on public sources and disclosed value transactio
Donskoy Tabak (DT), Russia's fourth-largest cigarette manufacturer and its Greek subsidiary SEKAP, owned by Greek-Russian businessman and investor Ivan Savvidis, has been sold to Japan Tobacco (JT) the latter announced in a statement on Friday.