All the European investment, retail, real estate, office and industry news in English language

Saturday | May 30 | 2020

Polish GDP increased by 2% in the 1st quarter of 2020

Gross domestic product (GDP) in the 1st quarter of 2020 was higher by 2.0% year-on-year comparison against 4.8% in the correspording quarter...

LATEST

In comparison with the 4th quarter of 2019, dwellings´ prices in the 1st quarter of 2020 increased by 4%, latest Statistical Office...
Residential property prices as measured by the Austrian house price index increased by 5.8% in 2019, according to Statistics Austria. House...
1.472.000 persons or 16.9% of the population in Austria were at risk of poverty or social exclusion in 2019, as Statistics Austria reports.
According to preliminary data by Statistics Austria, the number of overnight stays in April 2020 dropped by 96.5% or 7.92 million compared to April 2019 to 287 000....
Analysis reveals that the COVID-19 pandemic disrupted many business plans leading to the delay or cancellation of 35% of 2019 foreign direct...
Immofinanz rental income rose by 13.4% to EUR 74.0 million in the first quarter of the 2020 financial year, above all due...
Alibaba recorded a drop in net profit by 88% in the fourth quarter of the financial year 2020, due to the impact...
In April, Bonami exceeded the initial forecast, achieving sales of 6 million euros in all markets where the company is present, of...
Zeiss half-year revenue reaches 3.2 billion euros (+6% compared to prior year) – EBIT at 455 million euros (+12 million euros compared...
For 2019, Wien Holding has the best results since its founding in 1974: more sales, higher investments, more profit and sharply increased...

THE NUMBER

1
billion euros, Ryanair reported full year profit

Immofinanz rental income rose by 13.4% to EUR 74.0 million in Q1 2020

Immofinanz rental income rose by 13.4% to EUR 74.0 million in the first quarter of the 2020 financial year, above all due...

Where are the densest motorway networks across EU regions

Most European capitals and large cities are surrounded by a ring of motorways in order to meet the high demand for road...

G20 fiscal packages to fight the coronavirus crisis exceeds $4,68 trillion

Data gathered by Buyshares.co.uk indicates that the cumulative fiscal package to the Coronavirus pandemic by G20 member countries is $ 4.68 trillion.

Vienna’s public pools to open the special season on May 29th

On Friday, May 29th, Vienna's 17 summer pools, 10 family pools, the indoor pools in Hütteldorf and Brigittenau with outdoor facilities, and...

€1 billion of special-purpose grants for Austrian municipalities

The Federal Government of Austria is providing municipalities with €1 billion in the form of special-purpose grants. Community investments are supported with...

Services turnover index decreased by 6.2% in Italy

In the first quarter of 2020 the services turnover index decreased by 6.2% compared to the previous quarter, latest Istat data shows....
Eurostat shows that in 2019, 4.6 million persons aged 15 years or older were employed in the utilities sector in the European Union...
In the period of February–April 2020, the average number of unemployed people was 174 thousand, and the unemployment rate was 3.8%, latest Hungarian...
In May 2020, the National Statistical Institute of Bulgaria has continued the monthly inquiry survey of the managers of accommodation establishments to...
Two thirds (65%) of the responding companies didn't have to apply measures to reduce employee costs in the two months of the...
In 2018, the Austrian environmental industry employed 182 963 people and achieved an output of €36.9 bn. The gross value added created by the environmental...

Transport volume at 402.2 million tonnes, in 2019, in Austria

In 2019, 402.2 million tonnes (t) of goods on 30.1 million laden journeys were transported by goods road vehicles registered in Austria, according to Statistics Austria.
Research by Finbold.com shows that the United States' personal spending has significantly dropped by 7.5 percent monthly. Data obtained indicate...
The German government approved the stabilization package for Lufthansa. The package provides for stabilization measures and loans of up to EUR 9...
Over the last few weeks, in the context of easing of restrictions imposed by the coronavirus pandemic, a large proportion of retailers...
The stock of industrial and logistics spaces in Bucharest has doubled between 2015 and 2020, the capital of Romania being the most...
The Erlaaer Straße U6 station will be accessible from two sides. From the beginning of school in 2021, in addition to the current...

408 thousand persons were employed in the air transport sector in EU

In 2019, 408 thousand persons aged 20-64 were employed in the air transport sector in the European Union (EU), representing an 11% increase compared...
Poland auto factories produced only 400 vehicles in April 2020, latest Central Statistical Office data show. Passenger car output...
In March 2020, 881.4 thousand tourists were accommodated and 2.5 million overnight stays were provided, latest Central Statistical Office data show. Compared...
In March 2020, 151.930 persons stayed in the tourism accommodation establishments in the Slovak Republic, two thirds of which were domestic visitors....
Fourlis Group announced that it will open an Ikea small shop, based on a new urban store concept, in the centre of...
Nearly 80% of Czech start-ups plan to expand abroad, the most recent Startup Report from the Keiretsu Forum and CzechInvest’s experience show.

THE BUZZ

Vienna Insurance Group exceeds EUR 10 billion premium volume

Total premium volume increases to around EUR 10.4 billion (+7.7%)Profit (before taxes) rises to around EUR 522 million (+7.4%)Combined ratio clearly improved...

Impact sold 94% of Greenfield and 62% of Luxuria Phase 1 project

Impact Developer & Contractor ended the first quarter of 2020 with 94% contracting for Greenfield project and 62% contracted from the first...

Realterm closes €100 milion european logistics fund

Realterm announced the closing of Realterm Europe Logistics Fund (RELF) at its hard cap of €100 million to invest in the high...

INVEST

Businesses remain optimistic on foreign direct investment plans

Analysis reveals that the COVID-19 pandemic disrupted many business plans leading to the delay or cancellation of 35% of 2019 foreign direct...
Apeiron Biologics AG will complete a capital increase to finance the further development of APN01 for the treatment of severely ill COVID-19...
Benson Oak Capital announced that its private equity arm and co-investors have sold 100% of their stake in Klikpojisteni.cz (Klik) to a...
Total confirmed its commitment to completing the sale of its UK North Sea non-core assets, first announced in July 2019.
The search engine for the global dental industry developed by the startup Gumzzz from Cluj has attracted another investment of 100,000 euros...
Wallbox announced the closing of a $13 million USD (€12 million) second tranche of Series A investment in early March, bringing the total Series...
Czech billionaire Daniel Kretinsky has taken a 5% stake in Macy’s and plans to engage management on ways to improve performance of the struggling U.S....
Spanish company Sales Layer has raised €3.5 million in a Series A financing round led by SONAE IM, the tech investment arm of Portuguese listed...

BUSINESS

Immofinanz rental income rose by 13.4% to EUR 74.0 million in Q1 2020

Immofinanz rental income rose by 13.4% to EUR 74.0 million in the first quarter of the 2020 financial year, above all due...
In the first quarter of 2020 the services turnover index decreased by 6.2% compared to the previous quarter, latest Istat data shows....
In May 2020, the National Statistical Institute of Bulgaria has continued the monthly inquiry survey of the managers of accommodation establishments to...
The German government approved the stabilization package for Lufthansa. The package provides for stabilization measures and loans of up to EUR 9...
Nearly 80% of Czech start-ups plan to expand abroad, the most recent Startup Report from the Keiretsu Forum and CzechInvest’s experience show.
Alibaba recorded a drop in net profit by 88% in the fourth quarter of the financial year 2020, due to the impact...
From Monday, May 25, 2020, all branches of Česká Pošta will return to normal operating hours that applied before measures against the...
In April, Bonami exceeded the initial forecast, achieving sales of 6 million euros in all markets where the company is present, of...

ECONOMY

Polish GDP increased by 2% in the 1st quarter of 2020

Gross domestic product (GDP) in the 1st quarter of 2020 was higher by 2.0% year-on-year comparison against 4.8% in the correspording quarter...
According to preliminary data by Statistics Austria, the number of overnight stays in April 2020 dropped by 96.5% or 7.92 million compared to April 2019 to 287 000....
Data gathered by Buyshares.co.uk indicates that the cumulative fiscal package to the Coronavirus pandemic by G20 member countries is $ 4.68 trillion.
Research by Finbold.com shows that the United States' personal spending has significantly dropped by 7.5 percent monthly. Data obtained indicate...
In March 2020, 881.4 thousand tourists were accommodated and 2.5 million overnight stays were provided, latest Central Statistical Office data show. Compared...
In March 2020, 151.930 persons stayed in the tourism accommodation establishments in the Slovak Republic, two thirds of which were domestic visitors....
The vast majority (82%) of respondents to a survey conducted by PwC Romania have unpaid debts related to the main budgetary obligations...
In April 2020, a month marked by COVID-19 containment measures in all countries, the euro area annual inflation rate was 0.3%, down...

1.472.000 persons in Austria at risk of poverty or social exclusion in 2019

1.472.000 persons or 16.9% of the population in Austria were at risk of poverty or social exclusion in 2019, as Statistics Austria reports.

Bucharest has been the most dynamic logistics market in the region

The stock of industrial and logistics spaces in Bucharest has doubled between 2015 and 2020, the capital of Romania being the most...

Where are the densest motorway networks across EU regions

Most European capitals and large cities are surrounded by a ring of motorways in order to meet the high demand for road...

REAL ESTATE

Dwellings´ prices in Slovakia increased by 4% in Q1 2020

In comparison with the 4th quarter of 2019, dwellings´ prices in the 1st quarter of 2020 increased by 4%, latest Statistical Office...
Residential property prices as measured by the Austrian house price index increased by 5.8% in 2019, according to Statistics Austria. House...
Many households have experienced steep falls in their disposable income during the current coronavirus pandemic, due to e.g. unemployment, furlough, reduced working...
Thousands of flats in the Czech Republic remained empty. Short-term housing fell to zero overnight. The Czech rental market was flooded with apartments...
In Palm Beach Garden, Florida, ICP Group will build the Solera residential complex for more than 860 million crowns, which combines 136...
In March 2020, 1.694 building permits were issued, presenting the increase of 12.8% related to March 2019, latest Statistical Office of the...
In 2018, 46% of the EU population lived in flats, while a small majority of people lived in houses, show latest data...

Three quarters of utility workers in EU are men

Eurostat shows that in 2019, 4.6 million persons aged 15 years or older were employed in the utilities sector in the European Union...

B+N Referencia Zrt is the newest Agora Budapest tenant

B+N Referencia Zrt, a property management company, has decided to move into a brand-new workspace in Agora Budapest, HB Reavis project in...

Impact sold 94% of Greenfield and 62% of Luxuria Phase 1 project

Impact Developer & Contractor ended the first quarter of 2020 with 94% contracting for Greenfield project and 62% contracted from the first...

65% of Romanian companies didn’t apply measures to reduce employee costs

Two thirds (65%) of the responding companies didn't have to apply measures to reduce employee costs in the two months of the...
Over the last few weeks, in the context of easing of restrictions imposed by the coronavirus pandemic, a large proportion of retailers...
The stock of industrial and logistics spaces in Bucharest has doubled between 2015 and 2020, the capital of Romania being the most...
The vast majority (82%) of respondents to a survey conducted by PwC Romania have unpaid debts related to the main budgetary obligations...
Remote work is challenging for most Romanians who have worked from home in the current epidemiological context. Only 13% of them say...

Dwellings´ prices in Slovakia increased by 4% in Q1 2020

In comparison with the 4th quarter of 2019, dwellings´ prices in the 1st quarter of 2020 increased by 4%, latest Statistical Office...
Over the last few weeks, in the context of easing of restrictions imposed by the coronavirus pandemic, a large proportion of retailers...
In March 2020, 151.930 persons stayed in the tourism accommodation establishments in the Slovak Republic, two thirds of which were domestic visitors....
Benson Oak Capital announced that its private equity arm and co-investors have sold 100% of their stake in Klikpojisteni.cz (Klik) to a...
In April 2020, the annual inflation rate measured by the harmonized index of consumer prices reached 2.1%, latest data from the Statistical...

62.9% of travel managers intend to reduce the price of package services

In May 2020, the National Statistical Institute of Bulgaria has continued the monthly inquiry survey of the managers of accommodation establishments to...
Over the last few weeks, in the context of easing of restrictions imposed by the coronavirus pandemic, a large proportion of retailers...
The annual average inflation in Bulgaria, measured by CPI (consumer price index), in the last 12 months (May 2019 - April 2020)...
In the first quarter of 2020 there were 3 107.2 thousand employed persons aged 15 years and over, of whom 1 667.1...
Gross Domestic Product (GDP) expanded with 2.4% in the first quarter of 2020 compared to the same quarter of the previous year...

MOST READ
TOP 5

Highlander Partners, L.P., a middle market private equity firm based in Dallas, Texas, announced the acquisition of a majority stake in SanoVita, writes...
LC Waikiki, a Turkish fashion retailer, opened its 1000th store in Kyiv, the capital of Ukraine.First international investment was initiated in Romania, in 2009. Sore no...
Following a decline in 2018, the mergers and acquisitions market in Romania grew by 4% to a total value of EUR 5.2...
Hedin Group, one of the largest privately-owned automotive retailers in Europe, expands to Switzerland though the acquisition of SeeAll Group. Hedin confirms it has entered...
ROinvesting, a Cyprus-based CFD trading provider, announced they have sponsored AC Milan, making them their official and exclusive CFD partner.