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

Friday | July 10 | 2020

Bulgaria enters the waiting room for the eurozone and the banking union

The European Central Bank included the Bulgarian lev in the Exchange Rate Mechanism (ERM II). The central rate...

LATEST

Thus, the offer of e-commerce platform with premium fashion, belonging to eobuwie.pl, is now also available stationary. On two...
In May 2020, in a state of emergency and the ensuing epidemic situation, 1.103 accommodation establishments - hotels, motels, camping sites,...
CCC launched its mobile application on the Austrian market. It is available on Google Play and will soon be available in the...
Starting July 2020, Rondo Business Park - the office complex located in Krakow - will be managed by Globalworth team. A...
LOT to launch its flights on a new domestic Szczecin-Rzeszów route on 16 July. With the new flight it will take...
Denmark's largest retail company Coop will deploy a battery electric Scania truck in its city distribution operations. The...

NUMBER BUZZ

20
million euros, European Investment Bank funding to NavVis

Koala closed a €1.6m seed round led by Insurtech Gateway

Koala, a Paris based insurtech, announced an investment of €1.6m, led by Insurtech Gateway alongside Playfair Capital, Techstars Ventures, and private investors.

EIB, loan agreement for the modernisation of the Malmö University Hospital

The European Investment Bank (EIB) has signed a SEK 3.5 billion (EUR 325 million) loan agreement with the Region of Skane...

Ryanair launches new route from Manchester to Poznan

Ryanair announced a new route from the United Kingdom to Poland, commencing 27 October as part of its winter 2020 schedule....

Carrefour Polska has begun testing Tank&Go gas station

Carrefour Polska has begun testing Tank&Go - the new service targeted at Carrefour gas station customers....

Belgrade was the most attractive region for Serbians in 2019

In 2019 there were 127.421 persons who changed residence and moved permanently from one to another...

Italy industrial production index increased by 42.1% in May 2020

Latest Istat data show that in May 2020 the seasonally adjusted industrial production index increased by 42.1% compared with the previous...

Interspar Tata is ”Store of the Year” in Hungary

SPAR Hungary’s Interspar Tata has been named ”Store of the Year” in the hypermarket category by...

EIB provides funding of €20 million to German company NavVis

The European Investment Bank (EIB) and NavVis GmbH signed a contract which provides financing of €20...

European Union: Rents up by 20.8%, house prices by 20.5% since 2007

House prices and rents in the EU-27 have followed very different paths since 2007. While rents increased...

Germany is the top exporter of chocolate and chocolate bars in Europe

2.2 million tonnes of chocolate and chocolate bars were exported by the EU Member States in...

MOL selects Driivz to power electric vehicle charging infrastructure

MOL has chosen Driivz technology to manage its electric vehicle (EV) charging network.

Moscow Sheremetyevo’s International Terminal returns to full operations

Sheremetyevo International Airport's international terminal—Terminal D—will resume full operations at 00:00 Moscow time on July 27, 2020. The trains of the...

International tourists spent 98% less nights in Hungary in May

In May 2020, as a result of the coronavirus epidemic, international tourists spent 98% and domestic...

Hungarian industrial production decreased by 30.7%

Latest KSH date show that in May 2020 the volume of industrial production lagged behind the...

INVESTMENT

EIB, loan agreement for the modernisation of the Malmö University Hospital

The European Investment Bank (EIB) has signed a SEK 3.5 billion (EUR 325 million) loan agreement with the Region of Skane...

EIB provides funding of €20 million to German company NavVis

The European Investment Bank (EIB) and NavVis GmbH signed a contract...

Enel increased its shareholding in Enel Chile by an additional 3%

Enel has increased its stake in its Chilean subsidiary Enel Chile...

CureVac, €75 million loan agreement for the development of vaccines

European Investment Bank and CureVac sign €75 million loan agreement for...

Energy efficiency investments are a low priority for EU firms

The new European Investment Bank (EIB) report, Going Green – Who is...

BUSINESS

Orange signs a renewable power purchase agreement with Boralex

This Corporate PPA between Orange France and Boralex is the first large-scale renewable power purchase agreement signed by Orange in France.

Austria registered 2.341 new patents in 2019

Austrian companies and researchers registered 2.341 new patents at the European...

SPAR reports global retail sales of €37.1 billion for 2019

SPAR has reported sales of €37.1 billion for the year ending...

Business profit share recorded sharpest drop in the euro area

In the first quarter of 2020, when Member States began to...

1.500 Romanian patients opted for medical treatments at PremiQaMed Vienna

PremiQaMed receieved 1.500 Romanian patients in 2019, in its medical facilities...

REAL ESTATE

European Union: Rents up by 20.8%, house prices by 20.5% since 2007

House prices and rents in the EU-27 have followed very different paths since 2007. While rents increased steadily throughout the period up...

Italian House Price Index increased by 0.9% in the first quarter

According to preliminary estimates by Statistical Office, in the first quarter...

Speedwell starts works on Paltim, a mixed-use project in Timișoara

The works for Speedwell’s newest project, Paltim, will soon kick off in...

Sharry appointed as technology partner for One Vanderbilt in NYC

SL Green Realty Corp has appointed Sharry to be a technology partner...

SPAR reports global retail sales of €37.1 billion for 2019

SPAR has reported sales of €37.1 billion for the year ending 31 December 2019, representing a 4.35% increase in revenue.

Koala closed a €1.6m seed round led by Insurtech Gateway

Koala, a Paris based insurtech, announced an investment of €1.6m, led by Insurtech Gateway alongside Playfair Capital, Techstars Ventures, and private investors.

Tremend and TypingDNA release an app for online exam proctoring

Tremend released the observED platform, a modern solution dedicated to examination centers, assessment providers, and universities, enabling them to supervise students...

ECONOMY

Bulgaria enters the waiting room for the eurozone and the banking union

The European Central Bank included the Bulgarian lev in the Exchange Rate Mechanism (ERM II). The central rate...

Poland: 96.5% less tourists in April 2020

In April this year, 86.4 thousand tourists were accommodated in tourist...

Household saving rate all time high at 16.9% in the euro area

The household saving rate in the euro area was at 16.9%...

Austria cut taxes to 5% in several sectors

Gastronomy, hotel industry, art & culture and media companies will benefit...

Bulgarians made 83.3% of total travels only within the country in Q1 2020

In the first quarter of 2020, 490.7 thousand Bulgarian residents made tourist...

JOBS

Over 3,1 million employed persons in Bulgaria in the first quarter of 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 thousand...

43% of Austrians who lost their jobs in March found employment again

Out of 238.000 persons, who had terminated their employment in the period...

Tanja Gruber is the interim Corporate Spokeswoman at Austrian Airlines

Tanja Gruber (30), Head of Communications Distribution & Media Relations, will...

Unemployment rate in Czechia reached 2.5% in May 2020

The unemployment rate of the aged 15–64 years reached 2.5% in May 2020 and...

Ryanair and its Irish pilots agree on a 20% pay cut

Ryanair and its Irish pilots agree on a 4-year agreement which...

Austrian population reached 8.9 million on 1 January 2020

8.901.064 people lived in Austria on 1 January 2020, according to the final results of Statistics Austria. Compared to the...

1.103 accommodation establishments were open in Bulgaria in May 2020

In May 2020, in a state of emergency and the ensuing epidemic situation, 1.103 accommodation establishments - hotels, motels, camping sites,...

Italy industrial production index increased by 42.1% in May 2020

Latest Istat data show that in May 2020 the seasonally adjusted industrial production index increased by 42.1% compared with the previous...

MOST READ
TOP 5

DriveNets announced that they will double the Bucharest based team size, growing it from the current 50 to 100 by the end...
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...