The Organisation for Joint Armament Co-operation (OCCAR), has contracted a consortium of Athens-based Theon Sensors S.A. and Frankfurt-listed Hensoldt for the production and delivery of Binocular Night Vision Goggles (BNVG) under the Night Vision Capability Programme which offers the possibility for EU and non-EU countries to join via an established process. The first phase alone will amount to a high two-digit million
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The Cypriot government is examining tax incentives to encourage companies to join the Cyprus Stock Exchange (CSE), as the Nicosia-based bourse intends to privatise and launch a new market for small and medium-sized enterprises (SMEs). According to a local media reports, a delegation from the CSE headed by its Board Chairman, Marinos Christodoulides met with Finance Minister Constantinos Petrides last week. Christodoulides
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Serbia is expected to see its economy increasing by 6% in 2021, the European Bank for Reconstruction and Development (EBRD) said on Tuesday (June 29), doubling its 3% projection from September 2020. The London-based lender expects Serbia’s economic growth to slow to 3.5% in 2022. “In the first quarter of 2021 GDP grew by 1.7 pct y-o-y, underpinned by a strong recovery
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Residential property prices in Slovenia in the first quarter of 2021 were on average 3.1% higher than in the last quarter of 2020, and 7.3% higher compared to the same period in 2020, according data released by the country’s Statistic Office on Thursday (June 24). The number of transactions of residential real estate was similar to the 2014 average, while the number
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Sofia-based ImPulse I, prepares to go public on July 7, carrying out an initial public offering (IPO) on Bulgarian Stock Exchange’s BEAM market. The investment company aims to raise up to BGN 6 M to invest in growing companies. ImPulse I will offer investors up to 5,334,000 ordinary shares with a nominal value of BGN 1 ($0.62) apiece and issue price of
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Romania’s Ministry of Finance (MF) is carrying out on Bucharest Stock Exchange (BVB) a new public offer for the sale of Fidelis government bonds for individual investors in RON and EUR. It is the fourth Fidelis public offer carried out by the Ministry of Finance on the local capital market in almost one year. Through the first three offers carried out in
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The market value of the Romanian companies listed on the Bucharest Stock Exchange (BVB) reached new highs in April, and broke the RON 120 billion (EUR 24.4) ceiling following a 20% increase this year alone. The capitalization of the Romanian companies from the main market of BVB has thus exceeded the levels recorded before the Covid-19 struck. The BET and BET-TR indices
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