Optimism about the prospects for Hungary’s real estate market is justified by sector and macro fundamentals, experts agreed at PropertyEU’s CEE Investment Briefing in Budapest. “Hungary has now become a core market and has the biggest potential for growth in the region,” said Vlaho Kojakovic, senior banker at the European Bank for Reconstruction and Development […]More
In 2016 a number of M&A transactions noted in Poland was smaller than in 2015 – till the mid-December there were 171 transactions, according to Navigator Capital & FORDATA's “Mergers & Acquisitions, 2016” report.
Serbia’s competition regulator said it approved the acquisition of a majority stake in the country’s biggest sugar producer Sunoko by Austria’s food group Agrana. The transaction will cause no significant structural alterations on the Serbian sugar beet production, buy-up, processing and wholesale markets, the country’s anti-trust regulator said in a statement. In Serbia, Agrana is […]More
The CSE mergers and acquisition market has seen a spate of translations in early 2017, indicating investors have faith in the region’s fundamentals. The European Commission (EC) cleared Japan’s Asahi acquisition of the business of Belgian-based multinational beverage and brewing company AB InBev in Central and Eastern Europe (CEE). In mid-December, Asahi paid EUR7.3bn to […]More
Bulgaria’s caretaker Prime Minister Ognyan Gerdzhikov said that his government has the “ambition” to submit a formal application to join the Exchange Rate Mechanism (ERM2), the Euro “waiting room.” Gerdzhikov said that Bulgaria met three of four criteria, but the issue was political and would require consultations with the current members of the Eurozone. Bulgaria […]More
The Nabucco and South Stream gas pipelines (Stanqo, Public domain)
Hungarian construction companies are planning to look for guest workers from Ukraine and Belarus to fill gaps in the domestic labor market created by migration and rising economic growth, the head of the builders’ alliance told Reuters. Years of emigration to western Europe have created labor shortages in countries such as Hungary, Poland and the […]More