Four gas and oil companies will invest 78 mln euro in Croatia
Croatia awarded permits to four companies for gas and oil exploration on six blocks in the country’s flat northern areas.
Southern & SE Europe
Gibraltar's Crypto Exchange INX to secure $130 million through IPO
Cryptocurrency trading platform INX, plans to raise up to $130 million through an IPO in the U.S., an industry first.
Serbia to get EUR 172.5 million infrastructure credit from Russia
Russia is preparing to provide Serbia with a 172.5 million Euros ($195.4 million) credit, to be used for developing the latter's infrastructure projects, Russian media reported on Monday (July 1).
European Investment Bank invests over half a billion euros in Croatia
The European Investment Bank (EIB) Group invested €507 million ($639 million) in Croatia in 2018, the Luxembourg-based lender said on Tuesday (April 30), with a focus on transport, energy, infrastructure and social sectors.
Bulgarian investment fund completes acquisition of MICB
Bulgarian fund Doverie United Holding has completed the purchase of Moldindconbank (MICB), Moldova's second-largest lender, the Sofia-based investment company has announced.
Greece remains the world's top ship-owning nation
Greece remains a dominant force in the shipping industry despite the economic hardships faced by the Mediterranean country.
Bulgaria: 12% of firms complain of payment delays
Twelve percent (12%) of the companies in Bulgaria complained about delayed payments by contractors or the state in 2017, Eurostat statistics showed.
Istanbul's new futuristic airport has opened its doors
Istanbul New Airport, on track to be the world's biggest, has been unveiled by Turkish President Recep Tayyip Erdogan in a grand ceremony on Monday (Oct.29), coinciding with the 95th anniversary of Turkey's establishment as a republic.
Bank of Cyprus agrees to sell bad loans amounting to €2.8 bn
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.
Serbian IT-related exports reach one billion euros says MOF
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
