Ever more Hungarian small- and medium-sized enterprises are interested in expanding towards external markets, however, without proper plans and funding, the move could prove suicidal. And funds are not easy to get nowadays…
Once an entrepreneur, always an entrepreneur; even though they might have encountered huge challenges in starting and growing their businesses, the vast majority of entrepreneurs would do it all over again.
CEO, Bridge Budapest
We want to initiate a change in people’s attitude towards success
Emigrants’ remittances to Bulgaria continue to grow and amounted to €73.7 million in March 2013, the National Bank of Bulgaria said.
Hungary's National Tax and Customs Authority (NAV) has called a tender for 265 new passenger cars in the latest issue of the Public Procurement Gazette
Greece’s current account deficit was €1.3 billion in March, down by €952 million or 42.5% year-on-year, the National Bank of Greece said in statement.
Croatia’s dairy Dukat, a part of the French group Lactalis, increased its stake in Slovenia’s largest dairy Ljubljanske mlekarne to 96.52% in the takeover bid that expired on Monday.
Average gross wages in Hungary rose 3.2% year-on-year in March after a 2.7% increase in February, the Central Statistics Office (KSH) said on Wednesday.
Bulgaria’s caretaker Prime Minister Marin Raykov said Wednesday, that the biggest problem in the country’s energy sector was the surplus production of electricity.
The Budapest Public Transport Center (BKK) is expected to sign for a €54 million loan from the European Bank for Reconstruction and Development (EBRD) to finance an electronic ticket system this summer.
Serbia adopted a new railways law to enable competition and attract investment in the services dominated by the state-run and unprofitable Zeleznice Srbije.
The number of employees in Hungary's business sector, which includes private as well as state-owned companies employing at least five people, was down 0.6% year-on-year in March 2013.
European Union leaders are set to urge faster integration of the bloc’s power and natural-gas markets to lower energy prices as the US shale-gas revolution widens the EU’s cost gap with its largest trading partner.
Turkey, which gets almost all its energy from abroad, debated a law on Wednesday that seeks to lure foreign companies to explore for oil and gas and end the preferential treatment of state-run TPAO Turkiye Petrolleri AO (TPAO), media reported
Hungary's state lottery company, Szerencsejáték, announced the launch of its sports betting website – www.tippmixpro.hu – on Tuesday.
On Tuesday, the Polish government adopted the Labor Minister’s document on measures directed to protect employees and businesses during economic downturn, the government press office said.
Regional electricity distributor EDF Démász is eliminating 198 full-time positions, local daily Délmagyarország said on Wednesday.
Poland will not collect taxes on the production of shale gas until 2020 to make its extraction more financially attractive after several foreign players quit the Polish market in the past few months.
Russian industrial-output growth slowed as a stalling economy and weakening exports hurt demand. Production at manufacturers, mines and utilities grew 2.3% in April from a year earlier.
Parliament approved late Tuesday a bill that guarantees a minimum 10% margin on retail tobacco sales, well over the 3-4% that industry insiders say is prevalent at present.
The center-right GERB party of former Bulgarian prime minister Boyko Borisov has officially filed a claim with the country’s Constitutional Court to contest and void the May 12 general election results.
US-based insurer AIG aims to double its revenue from premiums in Hungary in five years, Barna Sugár, who heads the Hungarian branch of AIG Europe Limited, said.
Slovakia is considering additional taxation of producers of electricity from renewable sources that gained the right to generous purchasing electricity prices in the past, the CTK news agency quoted Slovak Prime Minister Robert Fico as saying.
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