Home Page

Latest Business News from the Balkans

croatian-development-bank-gives-loans-to-companies-fighting-bankruptcy
24 Oct 14

Croatian Offers Struggling Businesses Loans

The Croatian Bank for Reconstruction and Development, HBOR, has set aside 26 million euro in loans for businesses that have averted going bankrupt - but some say the sum is too small.

private-sector-employees-facing-hard-times-at-workplaces
24 Oct 14

Kosovo Private Sector Workers Suffering, Union Says

While unemployment has dropped in Kosovo in recent years, many wwho have accepted jobs in the private sector face appalling conditions, a union leader says.

macedonia-pushes-on-with-rail-link-to-bulgaria
23 Oct 14

Macedonia ups Tempo on Rail Link to Bulgaria

With work on the first section now in progress, Macedonia has issued a project call for the third and final stretch of its long-awaited rail spur to Bulgaria.

serbian-parliament-to-approve-pensions-salaries-cuts
22 Oct 14

Serbia MPs to Debate Revised Austerity Budget

Serbia's Finance Minister on Wednesday announced that parliament will shortly debate a draft revised budget and accompanying bills on cutting spending.

montenegro-worries-over-higher-unemployment
22 Oct 14

Rise on Jobless Rate Worries Montenegro

The number of unemployed in Monenegro has risen for the sixth month in a row - although the jobles rate remains low by regional standards.

chinese-company-to-build-new-nuclear-reactors-in-romania
20 Oct 14

Chinese Company to Build Romania Nuclear Reactors

A Chinese company is to invest in constructing two new reactors at Romania’s only nuclear power plant in a deal worth an estimated 6.5 billion euro.

balkans-up-for-a-chill-if-russian-gas-halts
17 Oct 14

Balkan States Face Crisis if Russia Halts Gas Flow

Serbia, Macedonia and Bosnia could face a very cold winter if Russia halts gas exports to the EU, a gas stress test carried out by Brussels says.

high-sky-internet-prices-to-drop-in-montenegro
14 Oct 14

Montenegro Orders Cut in High Internet Prices

Starting from November 1, Montenegro will no longer have the most expensive internet service in Europe, after the regulatory agency ordered the main provider to slash prices.

budget-transparency-urged-in-macedonia
13 Oct 14

Macedonia Opposition Urges Budget Transparency

The opposition called for new measures to boost budget transparency, help ordinary people understand public finances and ensure that Macedonia does not plunge into serious debt.

imf-downgrades-montenegro-s-growth-forecast
09 Oct 14

IMF Downgrades Montenegro’s Growth Forecast

The IMF has revised its forecast of Montenegros’s economic growth downwards from 2.8 per cent anticipated in April to 2.3 per cent.

growth-in-se-europe-to-remain-uneven-imf-says
08 Oct 14

IMF Revises Balkan Growth Prospects Downwards

Growth in Southeast Europe is likely to worse in 2014 than was anticipated, a new IMF report says.

romania-aims-to-attract-investors-on-bourse-1
08 Oct 14

Romania to List More Companies on Bourse

Romania plans to attract foreign cash with the public listing of some more state-owned companies next year.

albania-to-launch-receipt-lottery
07 Oct 14

Albania Hopes New Lottery Will Curb Tax Cheats

In a new effort to curb the extensive "grey" informal economy - and boost its own revenues - the Albanian government is planning to launch a new lottery based on receipts for purchases.

russia-worried-after-investigation-at-lukoil-refinery-in-romania
07 Oct 14

Probe Into Lukoil Refinery in Romania Worries Russia

The closure of Russia’s Lukoil refinery in southern Romania, in connection to a tax evasion and money laundering probe, has alarmed the Russian ambassador in Bucharest.

albania-s-growth-slumps-in-second-quarter-of-2014
06 Oct 14

Albania’s Growth Slumps in Second Quarter of 2014

Albania's GDP fell by 0.6 per cent in the second quarter of 2014, the National Institute of Statistics said, frustrating government expectations of higher growth.

Politics and Society

protesters-are-staying-until-demands-are-fulfilled
24 Oct 14

Croatian Veterans Vow to Continue Tent-Camp Protest

Former soldiers camped out in front of the war veterans’ ministry for the fifth day in a row, demanding improved benefits and the resignation of the minister.