SeeNews

Bulgaria is on track to adopt the euro at the beginning of 2026, but political divisions and budgetary reforms remain critical challenges, Dennis Shen, chair of the macroeconomic council and senior director at Scope Ratings, told SeeNews. #eurozone #bulgaria Scope Group

Bulgarian real estate investment and asset management firm Lion's Head Investments is entering the Romanian logistics park market with the acquisition of a 155,000 square metre plot in the town of Popesti-Leordeni, south of Bucharest. #logistics #bulgaria #romania

Consumers across Southeast Europe have been boycotting supermarkets in the past week against what they see as soaring prices, but while in some countries their protests have led to a significant decline in sales and government caps on prices, in others they have had only a limited impact. Inflation in the five countries where protests have been held - Croatia, Serbia, Montenegro, North Macedonia, Bosnia and Herzegovina - slowed down sharply to an average 3% in 2024 as personal income growth outpaced the rise in prices, according to official data. However, salaries in these countries, of which only Croatia is a member of the European Union, are lower than the average for the bloc, while prices for a number of goods in supermarkets are at the same level as elsewhere in Europe. #consumers #boycott #retail #southeasteurope

The European Union is launching a 16.3 million euro support package in the areas of climate change, circular economy and businesses, and bio-waste management, aiming to help improve the living environment for citizens in Serbia. #climate #climateresilience #eu #serbia

Serbia's oil and gas group NIS a.d. Novi Sad, controlled by Russia's Gazprom, said it is considering withdrawing from Bulgaria and Romania due to challenges its operations face in these markets. In January, the US Treasury announced sanctions targeting NIS as part of broader measures against Russia's energy sector, citing the control of the company by Russian oil giant Gazprom Neft. The company's net profit fell by 77% to 10.1 billion dinars ($88.6 million/ 86.4 million euro) in 2024.

The bankruptcy administration of Montenegro Airlines has launched the sale of the last remaining aircraft in the fleet of the former flag carrier, a Fokker 100. Montenegro Airlines went into liquidation in 2020 and the following year the Montenegrin government established a new national air carrier, Air Montenegro. #airlines #southeasteurope

Bulgaria's Stara Zagora transforms into a tech and industrial hub, attracting global investment with strategic location, sustainable projects, and growth potential. Invest Stara Zagora #investments #strategiclocation

Mobility Bulgaria 2025, organized by Automotive Cluster Bulgaria, is where innovation meets collaboration! Join industry leaders, innovators, and pioneers from across the transportation sector in Sofia Tech Park, Bulgaria, on February 12, 2025, to: 🔸 Explore cutting-edge technologies 🔸 Share insights on urban mobility 🔸 Shape the future of transportation Registrations open at 12 PM. Secure your spot now: https://lnkd.in/dRPMTx3a #MobilityBulgaria2025 #AutomotiveInnovation #EVTechnology #FutureOfMobility #EngineeringExcellence

Romanian online retailer eMAG, together with its financial services subsidiary HeyBlu, has acquired Orange Money, a local unit of French telecommunications group Orange. #acquisitions #fintech #retail #southeasteurope #romania

STORY OF THE WEEK 📌 Podravka closes acquisition of Fortenova's agri unit Croatian food producer Podravka wrapped up a 333 mln euro deal to buy the agricultural segment of local Fortenova Group. Check out the slides or click the link for more information: https://lnkd.in/dU42zW7U #acquisition #Croatia #SoutheastEuropeNews