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Latest Business News from the Balkans

albania-and-montenegro-eyes-eu-funds-for-the-development-of-the-ionian-adriatic-pipeline-09-08-2017
08 Sep 17

Albania, Montenegro Eye EU Funding for Gas Pipeline

Albania's Energy Ministry on Friday presented a feasibility study for a 618-million-euros gas corridor between Albania, Bosnia and Croatia, which it hopes the EU and US will support.

magnificent-yugoslav-hotel-complex-awaits-new-look-09-06-2017
08 Sep 17

Yugoslav Army's Croatian Playground Awaits Makeover

A luxury hotel chain is expected to renovate the once magnificent but now ruined hotel complex near Dubrovnik, Croatia, which once mainly catered to members of the Yugoslav People's Army.

croatia-romania-oecd-membership-blocked-by-unhappy-neighbours-09-07-2017
07 Sep 17

Angry Neighbours to Bar Croatia, Romania, From OECD

Hungary and Slovenia plan to stop Romania and Croatia from joining the world’s largest economic organization, citing disputes over minority rights and border demarcation.

bulgaria-to-draw-russian-tourists-with-religious-routes-09-05-2017
06 Sep 17

Bulgaria Woos Russian Tourists with Religious Tours

Bulgaria’s tourism ministry will create new religious tour routes that it hopes will attract more Russian tourists who want to go on a pilgrimage to the country’s holy sites. 

macedonia-lifts-veil-over-investors-subsidies-08-30-2017
31 Aug 17

Macedonia to Lift Lid on Subsidies for Investors

Macedonia's new government has pledged to reveal the secrets of the previous administration's spending on luring foreign investors.

bulgarian-govt-boosts-its-role-in-the-state-s-booming-arms-business-08-28-2017
29 Aug 17

Bulgaria Acts to Take Over Troubled Arms Business

Bulgaria’s Economy Ministry has taken action to gain control over the Dunarit arms factory, which risks losing its licence to trade over various court battles.

joint-balkan-market-is-welcomed-by-albanian-businesses-08-28-2017
29 Aug 17

Albanian Business Welcomes Joint Balkan Market

A top Albanian businessman says the EU-backed plan to form a common market in the Western Balkans is good in principle - as long as businesses are included in the drafting of the plan. 

macron-fails-to-boost-french-arms-sales-to-romania-08-25-2017
25 Aug 17

Macron's Romania Visit Disappoints French Arms Firms

French military equipment and weapons manufacturers have voiced disappointment after President Emmanuel Macron’s visit to Romania did not result in any confirmed arms sales. 

croatia-faces-rivals-in-becoming-region-s-gas-hub-08-23-2017
24 Aug 17

Croatia Faces Rivals in Becoming Region’s Gas Hub

Croatia may hope that its ambitious LNG terminal on Krk will turn it into the region’s energy hub - but other countries cherish the same ambition.

italian-chinese-consortiums-compete-to-build-romania-danube-bridge-08-23-2017
23 Aug 17

Italians and Chinese Compete to Build Romanian Bridge

Two Italian-Japanese and Chinese-led consortiums are competing to build a 500-million-euros bridge over the Danube in Romania - the biggest infrastructure project the country has seen in decades. 

ballkan-experts-create-global-security-warning-app-ping--08-22-2017
23 Aug 17

Balkan Experts Create Global Warning App

At the time of insecurity over terrorism and natural disasters, a couple from Bosnia and their friend from Serbia have created a smart phone application called 'Ping' that warns users of imminent dangers in their vicinity.

romanian-state-airline-under-scrutiny-after-historical-losses-08-21-2017
21 Aug 17

Romania Order Probe Into State Airline's Losses

Romanian Prime Minister Mihai Tudose has ordered an investigation into the affairs of the state-owned airline Tarom, after the company reported further major losses in the first part of 2017.

ebrd-praise-steps-towards-privatisation-on-serbian-galenika-08-21-2017
21 Aug 17

EBRD Welcomes Serbian Move to Privatise Galenika

Following restructuring in Galenika, the European Bank for Reconstruction and Development, EBRD, says its ready to consider supporting new investors to revive the pharmaceutical company.

bulgaria-re-opens-commercial-and-economic-service-in-skopje-08-18-2017
21 Aug 17

Bulgaria Reopens Commercial Service in Macedonia

Following the historic signing of a friendship treaty, Bulgaria has decided to reopen its commercial and economic service in the Macedonian capital, aiming to boost business ties between the two countries.

romania-bulgarians-at-great-risk-of-modern-slavery-experts-warn-08-16-2017
17 Aug 17

Modern Slavery Risk Highlighted in Bulgaria, Romania

A newly published index names Romania and Bulgaria as two of the five EU countries where the risk of modern slavery is highest – alongside Greece, Italy and Cyprus.

Premium

eu-funds-bring-hope-for-bosnia-s-neglected-farmers-01-17-2018
18 Jan 18

EU Funds Bring Hope for Bosnia's Neglected Farmers

A last-minute political breakthrough means that Bosnian farmers may finally be able to access badly needed EU funds for agriculture.

20 Nov 17

Serbia’s IMF Arrangement Ends on High Note

06 Nov 17

Threat to Quit CEFTA Stirs Debate in Kosovo

Politics and Society

greek-rightists-protest-against-macedonia-name-deal-01-21-2018
21 Jan 18

Greek Rightists Protest Against Macedonia ‘Name’ Deal

Tens of thousands of people on Sunday rallied in northern Greece's biggest city, Thessaloniki, against a ‘name’ compromise with neighboring Macedonia which they say would hurt their national interests.

20 Jan 18

Romanians Resume Anti-Corruption Protests

19 Jan 18

Russia Slaps New Ban on Bosnian Apples

Culture and Lifestyle

vevcani-carnival-brings-humour-to-macedonian-streets-01-15-2018

Vevcani Carnival Brings Humour to Macedonian Streets

One of the most famous village festivals held in the Balkans, the Vevcani carnival, took place this weekend in the western Macedonian village of Vevcani.