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

Monday | August 10 | 2020

Overnight stays of tourists in Prague dropped by 94.9% on Q2 2020

In the Q2 2020, the total number of guests in collective accommodation establishments decreased by 82.9%, year-on-year, and the number of...

LATEST

Temelín's Unit 2 began to produce electricity again at 50 % of the reactor rated power. The technicians are now waiting for...
Austrian Post revenues amounted to EUR 981.9m in the first half of 2020, slightly higher than the prior-year level (+0.1 %). The dynamically...
Whereas in the previous year the airline carried around four million passengers between April and June, this figure was only 53.000...
The lockdown in Austria and numerous other countries due to COVID-19 was reflected in the Austrian International Trade in Goods Statistics with...
If you are looking for some cooling off spaces in Vienna, you can use a new app. Cooles Wien is now...
Unemployment rate in May 2020 was 17.0% compared to the downward revised 17.2% in May 2019 and to the upward revised...

NUMBER BUZZ

185
million euros, Ryanair loss in the first quarter of 2020

OPAP gaming company acquired a 51% stake in Stoiximan

OPAP acquired a 51% stake in the Stoiximan group for a net price of 90.2 million euros, plus €3 million in...

OTE Group revenues down 3% in second quarter of 2020

The OTE Group’s consolidated revenues decreased by 3.0% in Q2’20 to €918.2mn. In Greece, revenues were down 3.8% to €692.3mn, mainly...

Retail trade volumes back to February 2020 levels in Europe

In June 2020, a month marked by some relaxation of COVID-19 containment measures in many EU member states, the volume of...

Polish Infermedica raises $10.25M in Series A funding

With the participation of existing investors - Karma Ventures, Inovo Venture Partners and DreamIT Ventures, as...

Vienna RegTech platform Kompany, accelerates growth with new funding

Kompany announced a new investment of almost €6 million, the company’s largest single investment round to...

Impact of COVID-19 on household consumption and savings in EU

Eurostat shows that the household saving rate in the EU recorded its all-time highest year-over-year increase in the first quarter of 2020 (+3.5...

SPAR Croatia opens a new supermarket in Buje

SPAR Croatia has opened its sixth SPAR Supermarket in the peninsula of Istria. The new store...

MOL Group reported USD 152mn net loss for Q1 2020

MOL Group announced its financial results for Q1 2020. Large inventory and foregin exchange losses resulted...

Industrial production decreased by 7.8% in Hungary, in June 2020

In June 2020 the volume of industrial production declined by 7.8% year-on-year. Based on working-day adjusted...

Hungary: Number of tourism nights fell by 75% in June

In June 2020, as a result of the coronavirus epidemic, international tourists spent 93% and domestic...

Enel X at 50.000 charging points available throughout Europe

Enel X expands its electric vehicle (EV) charging network to more than 50.000 public charging points.

Pirelli revenues down 31.6% compared to 30 June 2019

Pirelli revenues at 1,816.4 million euro, down 31.6% compared to 30 June 2019 (-28.5% the organic variation) due to the strong...

Alza.cz starts selling wine and spirits

Alza.cz adds another unusual segment to the online store. From today, customers can also buy drinks...

CzechInvest: 143 transactions reported in the second quarter of 2020

In the Czech Republic, 143 transactions were reported in the second quarter of 2020, CzechInvest M&A...

INVESTMENT

OPAP gaming company acquired a 51% stake in Stoiximan

OPAP acquired a 51% stake in the Stoiximan group for a net price of 90.2 million euros, plus €3 million in...

Polish Infermedica raises $10.25M in Series A funding

With the participation of existing investors - Karma Ventures, Inovo Venture...

Vienna RegTech platform Kompany, accelerates growth with new funding

Kompany announced a new investment of almost €6 million, the company’s...

CzechInvest: 143 transactions reported in the second quarter of 2020

In the Czech Republic, 143 transactions were reported in the second...

BUSINESS

Austrian Post revenues at almost EUR 1 bn in the first half of 2020

Austrian Post revenues amounted to EUR 981.9m in the first half of 2020, slightly higher than the prior-year level (+0.1 %). The dynamically...

Only 53.000 passengers travelled with Austrian Airlines in Q2 2020

Whereas in the previous year the airline carried around four million...

OTE Group revenues down 3% in second quarter of 2020

The OTE Group’s consolidated revenues decreased by 3.0% in Q2’20 to...

MOL Group reported USD 152mn net loss for Q1 2020

MOL Group announced its financial results for Q1 2020. Large inventory...

REAL ESTATE

Skanska acquired about 11.500 sq m of land in Houston, Texas

Skanska has acquired about 11,500 square meters of land in Houston, Texas. The seller is Houston Westmont LP and the acquisition...

The Romanian investment market grew in the first half of the year

The first half of the ”pandemic year” closed with a total value...

Building permits for construction of 1.362 residential buildings in Bulgaria

In the second quarter of 2020, the municipal authorities in Bulgaria...

Sameday continues its expansion in a former auto showroom in Tunari

The delivery company Sameday continues its expansion in Romania in the...

Austrian Post revenues at almost EUR 1 bn in the first half of 2020

Austrian Post revenues amounted to EUR 981.9m in the first half of 2020, slightly higher than the prior-year level (+0.1 %). The dynamically...

Innoship startup raises 550,000 EUR as seed investment

Innoship startup secured a seed investment from GapMinder VC. The investment of 550,000 EUR comes at a mere six months from...

Spotify launches in Russia and 12 additional European Markets

Spotify launched its service in 13 new markets across Europe including Russia, one of the world’s top 20 largest streaming markets....

ECONOMY

Sharp falls in Austrian imports and exports in May 2020

The lockdown in Austria and numerous other countries due to COVID-19 was reflected in the Austrian International Trade in Goods Statistics with...

Impact of COVID-19 on household consumption and savings in EU

Eurostat shows that the household saving rate in the EU recorded its all-time...

Average gross earnings at HUF 390.000 in Hungary

In May 2020, average gross earnings amounted to HUF 398.800, 9.4% higher...

Italy GDP, -12,4% in the second quarter of 2020

In the second quarter of 2020 Italy Gross Domestic Product (GDP)...

JOBS

Greece: Unemployment rate at 17.0% in May 2020

Unemployment rate in May 2020 was 17.0% compared to the downward revised 17.2% in May 2019 and to the upward revised...

Voestalpine cuts up to 550 jobs in Styria, Austria

The Austrian steel group Voestalpine suffered heavy losses in the 2019/20...

Euro zone unemployment at 7.8%, EU at 7.1% in June 2020

In June 2020 the euro area unemployment rate was 7.8%, up...

Austria: 58% of the people who had terminated their employment found another job by the end of June

According to Statistics Austria the number of new jobs taken up between...

Bulgarian Parva Liga new season to start with public inside stadiums

Bulgarian football Parva Liga new season starts Friday, August 7 and the presence of supporters in the stands will be allowed.

Overnight stays of tourists in Prague dropped by 94.9% on Q2 2020

In the Q2 2020, the total number of guests in collective accommodation establishments decreased by 82.9%, year-on-year, and the number of...

Industrial production decreased by 7.8% in Hungary, in June 2020

In June 2020 the volume of industrial production declined by 7.8% year-on-year. Based on working-day adjusted data, production dropped by 12.2%....

MOST READ
TOP 5

JLL has advised Rosti in the lease of 11,300 sqm industrial spaces in Paulesti, near Ploiesti, developed and rented out by the...
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...
The Politecnico di Milano, in collaboration with the Enel Group, launches the first, second level international Specializing Master dedicated to training...
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...