(IN BRIEF) Borealis announces the successful acquisition of Integra Plastics AD, a Bulgarian advanced mechanical recycling player, solidifying its position in the circular economy landscape. Integra Plastics’ state-of-the-art recycling plant, with an annual capacity exceeding 20,000 tons, significantly bolsters Borealis’ … Read the full press release
(IN BRIEF) Italian and Bulgarian authorities, with the support of Eurojust, have apprehended 22 individuals associated with an organized crime group (OCG) involved in human trafficking. The OCG exploited numerous female victims, coercing them into prostitution through deceptive promises of … Read the full press release
Posted in Bulgaria, Business, Government, Industrial, Italy, Law, Management, Netherlands, News, Security & Safety
Tagged Bulgaria, Eurojust, Human Trafficking Ring, Italy, partnership
(IN BRIEF) HeavyFinance announces a €50 million fundraising for a private credit fund aimed at supporting European agricultural SMEs with tailored finance solutions to advance decarbonization efforts. With the EIF committing €20 million as a cornerstone investor and support from … Read the full press release
Posted in Agriculture, Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Latvia, Lithuania, Luxembourg, Management, News, Poland, Portugal, Small Business
Tagged agriculture, Bulgaria, EIF, Europe, HeavyFinance, Laimonas Noreika, Latvia, Lithuania, Marjut Falkstedt, Paolo Gentiloni, partnership, Poland, PORTUGAL, sustainability
(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) have forged agreements with Bulgarian partners, including Allianz Bank Bulgaria (ABB) and United Bulgarian Bank (UBB), to enhance the country’s economy and advance its transition to carbon neutrality. … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Allianz Bank Bulgaria (ABB), Bulgarian Economy, Dobromir Dobrev, EIB, Georgi Zamanov, Julian Popov, Kyriacos Kakouris, partnership, Rumen Radev, SMEs, sustainability, United Bulgarian Bank (UBB)
(IN BRIEF) Accenture (NYSE: ACN) has announced its acquisition of GemSeek, a prominent player in customer experience analytics, as part of its ongoing investment in data and AI capabilities through Accenture Song. GemSeek, founded in 2011, brings advanced analytics expertise … Read the full press release
Posted in Bulgaria, Business, Environment, Financial, Government, Industrial, Investment, Ireland, Management, Marketing, News, Technology
Tagged Accenture, acquisition, AI-powered, Customer Insights, GemSeek, Max Morielli, partnership, Petko Tinchev, sustainability
(IN BRIEF) Aurubis Bulgaria AD has contracted Metso for a significant copper Flash Smelting Furnace rebuild project in Bulgaria’s Zlatitsa-Pirdop Valley, surpassing EUR 10 million in value. This collaboration marks another milestone in the longstanding partnership between the two companies, … Read the full press release
(НАКРАТКО) Lensa, известен търговец на оптика в Румъния, разширява присъствието си в региона, откривайки първия си магазин в България, конкретно в София. Магазинът предлага широка гама от очила и слънчеви очила на водещи марки, като Ray Ban, Police, Furla и … Read the full press release
Posted in Apparel, Fashion & Beauty, Bulgaria, Business, Healthcare, Internet & Online, News, Retail, Romania
Tagged Bulgaria Mall, Business, Carrera, Daniel Craciun, free optometric consultations, Furla, Guess, Lensa, Lucetti, new business, optical retailer, optics, optometric, Polarizen, police, Ray Ban, retailer, Tom Ford, Vogue, безплатни оптометрични консултации, България, защитата на зрението, коригиране на зрението, коригиране на зрителни затруднения, оптика, Оптометристи, оптометрични консултации, очила, Румъния, София, шоурум
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is set to guarantee up to €25 million for a loan extended by UniCredit Bulbank to the Tsenovo solar plant in Bulgaria, marking the first greenfield renewable project financed under … Read the full press release
(IN BRIEF) The European Investment Fund (EIF), a part of the European Investment Bank Group, has inked guarantee agreements with four Bulgarian banks, including Postbank (Eurobank Bulgaria), ProCredit Bank Bulgaria, UniCredit Bulbank, and United Bulgarian Bank, facilitating up to €2 … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Bulgaria, EIF, green transition, Marjut Falkstedt, Milena Stoycheva, partnership, Postbank (Eurobank Bulgaria), ProCredit Bank Bulgaria, SMEs, sustainability, UniCredit Bulbank, United Bulgarian Bank
(IN BRIEF) The European Investment Bank (EIB) has committed a €40 million loan to Eldrive Holding GmbH, based in Austria, to establish 8,472 electric vehicle (EV) charging stations across Bulgaria, Lithuania, and Romania over the next three years. This project … Read the full press release
Posted in Austria, Automotive, Banks, Bulgaria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Romania, Technology
Tagged Austria, Bulgaria, clean mobility, Eastern Europe, EIB, Eldrive Holding GmbH, EV charging stations, installation, Kyriacos Kakouris, Lithuania, partnership, Romania, Stefan Spassov, sustainability
(IN BRIEF) Judicial and law enforcement authorities from Germany, Cyprus, Bulgaria, and Sweden collaborated in a coordinated action against an organized crime group suspected of online trading fraud. The criminal network operated fraudulent online trading platforms from call centers and … Read the full press release
Posted in Bulgaria, Business, Cyprus, Economy, Financial, Germany, Government, Industrial, International Trade, Internet & Online, Investment, Law, Management, Netherlands, News, Security & Safety, Sweden, Technology
Tagged Bulgaria, Cyprus, Defrauding, Eurojust, EUROPOL, Fraud Network, Germany, Netherland, online trading, partnership, Sweden
(IN BRIEF) The European Investment Bank (EIB) has partnered with Kristera AD, a subsidiary of Agria Group Holding, to provide a €35 million loan for the construction of a new sunflower oil processing plant in northern Bulgaria and the acquisition … Read the full press release
Posted in Banks, Bulgaria, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Agria Group Holding, Bulgaria, EIB, Emil Raykov, Kristera AD, Kyriacos Kakouris, partnership, Sunflower Oil Plant, sustainability, sustainable transport
(IN BRIEF) The European Investment Bank (EIB) will provide advisory assistance to the Bulgarian Ministry of Innovation and Growth to enhance the effectiveness of the development financial institutions it supervises, with the aim of better supporting the Bulgarian economy. The … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Bulgaria, Bulgarian Development Bank (BDB), economy, European Investment Bank, Financial, Fund Manager of Financial Instruments in Bulgaria (FMFIB), Kyriacos Kakouris, Milena Stoycheva, partnership, sustainability
(IN BRIEF) Heidelberg Materials has begun construction on a pilot carbon capture installation named ANRAV.beta at its plant in Devnya, Bulgaria. This pilot unit is a significant step towards the company’s larger ANRAV project in Bulgaria, the first full-chain carbon … Read the full press release
Posted in Bulgaria, Business, Construction, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged ANRAV.beta, Bulgaria, carbon capture, CCUS, Dr Nicola Kimm, Eastern Europe, Ernest Jelito', Heidelberg Materials, Milena Stoycheva, OxyCal technology, partnership, sustainability
(IN BRIEF) Arkema is set to introduce a groundbreaking purification technology at its Carling production site in France by 2026, aiming to cut CO2 emissions by 20%. This investment aligns with Arkema’s climate plan validated on a 1.5°C trajectory by … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has signed a €12.8 million loan agreement with the Municipality of Burgas in Bulgaria to co-finance the construction of a specialized children’s hospital. This modern facility, equipped with zero-emission technologies, aims to provide … Read the full press release
Posted in Banks, Bulgaria, Business, Construction, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate, Technology
Tagged 21st Century healthcare, Bulgaria, Burgas, Children's Hospital, Dimitar Nikolov, EIB, Lilyana Pavlova, partnership, sustainability
(IN BRIEF) The European Investment Fund (EIF) has provided UniCredit Group with two guarantees worth €370 million to support investment by small and medium-sized businesses (SMEs) across seven EU countries. The transactions are backed by InvestEU, the European Union’s long-term … Read the full press release
Posted in Banks, Bulgaria, Business, Croatia, Czech Republic, European Union, Financial, Hungary, Investment, Romania, Slovakia, Slovenia, Technology
Tagged Andrea Orcel, EIB Group, EIF, European Union, Gelsomina Vigliotti, INNOVATION, InvestEU, job creation, Paolo Gentiloni, SMEs, sustainable investment, The European Investment Fund, UniCredit Group
(PRESS RELEASE) LONDON, 13-Dec-2022 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, has announced a 60 million loan to ProCredit Bank in Bulgaria in support of SMEs in the country impacted by … Read the full press release
Posted in Banks, Bulgaria, Financial, Infrastructure & Utilities, Investment, Small Business, United Kingdom
Tagged Anca Ioana Ionescu, Bulgaria, EBRD, loan, ProCredit Bank, Rumyana Todorova, SMEs
(PRESSEMITTEILUNG) LONDON, 13-Dec-2022 — /EuropaWire/ — Die Europäische Bank für Wiederaufbau und Entwicklung (EBWE), eine multilaterale Entwicklungsinvestitionsbank, hat kündigte in ProCredit Bank an >Bulgarien zur Unterstützung von KMU in dem vom Krieg gegen die Ukraine betroffenen Land. Die Muttergesellschaft der … Read the full press release
Posted in Banks, Bulgaria, Financial, Infrastructure & Utilities, Investment, United Kingdom
Tagged Anca Ioana Ionescu, Bulgarien, Darlehen, EBWE, KMU, ProCredit Bank, Rumyana Todorova
(PRESS RELEASE) AMSTERDAM, 3-Oct-2022 — /EuropaWire/ — Lorgar, the new brand of high-performance accessories for gamers, introduces a portfolio of products for gaming with top-tier functionality at competitive prices. The expansive brand catalog includes a number of product categories: mice, … Read the full press release
Posted in Bulgaria, Business, Croatia, Czech Republic, Electronics & Machinery, Entertainment, Estonia, Latvia, Lithuania, Marketing, Media, Netherlands, Poland, Romania, Technology
Tagged gamepads, gamers, gaming, gaming accessories, gaming chairs, headsets, keyboards, Lorgar, MICE, microphones, mousepads, web cameras
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