All the European investment, retail, real estate, office and industry news in English language

Saturday | January 16 | 2021

LATEST

Druid, a company specialized in developing intelligent virtual assistants (chatbots), closed a new round of financing of 2.5 million dollars. The round was led...
Mixit, the Czech company that produces personalized breakfast muesli and lyophilised fruit, expanded to Romania just before Christmas. This is the fifth market for Mixit,...
December 2020 saw a new record increase in the number and value of orders placed online in the stores managed through MerchantPro, the largest...

European real estate investors target large cities. Berlin tops the list

Real estate investors in Europe are increasingly targeting large cities and assets minimally disrupted by the health crisis which ensure stable incomes, such as...

PwC: The global economy is projected to rebound by early 2022

The global economy is projected to grow in 2021 by around 5%, the fastest rate recorded in the 21st century, returning the global economy...

German car market fell in 2020 to its lowest level since reunification

The German car market fell in 2020 to its lowest level since reunification, as both car production and sales...

61% of Europeans don’t trust public authorities with their personal data

European Commission latest data, analysed by Reboot Online, show which European citizens trust the public authorities in their country...

Eleva secures up to EUR 60 million to advance a drug candidate

Eleva, a manufacturer of superior biologics, has secured up to EUR 60 million in funding from Zukunftsfonds Heilbronn (ZFHN)....

Intesa Sanpaolo wins ”Bank of the Year in Western Europe” award

Intesa Sanpaolo has been awarded as ”Bank of the Year in Western Europe” and „Bank of the Year in...

A Czech city is relying on its own currency to boost the local economy

The city of Kyjov in the southeast part of Czechia will launch its own currency, called ”corrent”, in a...

Danes can get 20-year mortgages with zero interest rate

A bank in Denmark is offering 20-year mortgages with zero fixed interest rates, Bloomberg reports. Nordea Bank's Danish customers can...

NUMBER BUZZ

150
million euros, Bolt largest ever round of funding

European Union to buy another 100 million doses of the Pfizer/BioNTech vaccine

European Union new agreement with Pfizer and BioNTech could double coronavirus vaccine stocks, Bloomberg reports. According to Bloomberg sources, the...

Orlen’s service station chain in Slovakia has doubled in 2020

With two new sites under the Benzina Orlen brand opened recently, Polish group has 20 sites in Slovakia. Even more,...

Dutch discount chain Action to open an outlet in Supersam Katowice

Dutch discount chain Action is to open an outlet of 1,000 sqm in the Supersam shopping centre in Katowice, Poland. The opening is planned...

Nissan to further cut its presence in Europe

Nissan intends to further cut its presence in Europe and outsource its car manufacturing and sales operations to alliance partner Renault, Japanese publication Yomiuri...

INVESTMENT

Fiat Chrysler Automobiles to invest two billion euros in Poland

Fiat Chrysler Automobiles (FCA) will invest two billion euros ($ 2.45 billion) in its...

Hyundai Motor acquired General Motors (GM) plant in St. Petersburg, Russia

The GM plant in Shushary, a suburb of St. Petersburg, can make up to...

GEFCO is Daewoo Power Products main logistics operator in Poland

GEFCO and Daewoo Power Products, a Korean manufacturer of power tools, are developing cooperation...

Laser cutting – newest solution for most demanding clients

Laser cutting services are currently one of the most...

Daimler is investing 141 million euros in Hungary to make an electric model

Daimler AG will start production of the EQB compact...

Stora Enso invests in production line for granulated lignin in Finland

Stora Enso is investing EUR 14 million to build...

MOSS, Italian printing and decoration machine manufacturer, to invest in India

In India, MOSS will start its first unit abroad, basing the...

Elkem opened a new production workshop in Shanghai

Elkem opened a new production workshop in Shanghai, China, dedicated...

Prysmian files legal proceedings for patents’ infringements against Emtelle UK

Prysmian announced to have commenced proceedings for patent infringement...

BUSINESS

New record growth for Romanian eCommerce market in December 2020

December 2020 saw a new record increase in the number and value of orders...

Intesa Sanpaolo wins ”Bank of the Year in Western Europe” award

Intesa Sanpaolo has been awarded as ”Bank of the Year in Western Europe” and...

Honda to stop selling cars in Russia starting 2022

Russian subsidiary of Japanese carmaker Honda announced on Wednesday that it will stop supplying...

CD Projekt sold more than 13 million copies of the Cyberpunk 2077 game

Polish video game maker CD Projekt SA has announced...

Poland to aid Covid-19 affected companies with another USD 9,5 bln

The Polish government wants to launch a new support...

UiPath submitted the documentation for an initial public offering

UiPath announced that it has submitted the documentation for...

Romanian company Tremend involved in ten major projects for EU institutions

With a portfolio of multiannual framework contracts signed for...

Enel X has entered Singapore’s demand response market

Enel X has entered Singapore’s demand response market. Enel...

Nagarro will commence trading on the Frankfurt Stock Exchange

Nagarro's common shares will begin trading today on the...

REAL ESTATE

UK mortgage approvals up by 50% in last 12 months, highest in over a decade

Data presented by Buy Shares indicates that the UK mortgage approvals have grown by 50.97%. The...

Cordia announces a public tender offer for all remaining shares of Polnord

Cordia International, the 92,92% shareholder of Polnord, has announced a public tender offer to...

The magnificent Palazzo Serristori in Florence to be completely restored

The magnificent Palazzo Serristori in Florence, one of the most important Renaissance buildings in the city, with...

Effects of the pandemic on the housing rental market in Bucharest

More than half (55%) of Bucharest residents currently living...

Citycon acquired plots adjacent to the Kristiine centre in Tallin

Citycon acquired the plots at Kotkapoja 1, 3, 5...

Cordia Romania starts construction works on Parcului20 phase two

Cordia Romania has started construction works on the second...

Castellum in real estate transaction with the City of Gothenburg

Castellum is selling a property to the city of...

SIF Banat – Crișana takes over the 540.000 square meters IMGB platform

SIF Banat – Crișana bought the shares held by...

Romania: 85% investors active in the land segment expect to close a deal in 2021

About three quarters of investors active in the land...

Dutch discount chain Action to open an outlet in Supersam Katowice

Dutch discount chain Action is to open an outlet of 1,000 sqm in the Supersam shopping centre in Katowice, Poland. The opening is planned...

Rockefeller Center owner buys Tour Cristal in Paris

Tishman Speyer has acquired the Tour Cristal in central Paris, along with its partner the Public Sector Pension Investment Board (PSP Investments). The 26,000 sqm office...

Nissan to further cut its presence in Europe

Nissan intends to further cut its presence in Europe and outsource its car manufacturing and sales operations to alliance partner Renault, Japanese publication Yomiuri...

ECONOMY

A Czech city is relying on its own currency to boost the local economy

The city of Kyjov in the southeast part of Czechia will launch its own...

Danish households’ financial net wealth increased in Q3 2020

The Danish households' financial net wealth increased by kr. 362 billion in the third...

Sweden is looking at the transition to digital currency

The Swedish government will analyze the feasibility of the transition to a digital currency,...

COVID-19 is changing consumer behavior worldwide

COVID-19 is having a lasting, worldwide impact on consumer...

Volt analysis: What FICO credit score do Romanians have

The average value of the FICO score in Romania...

The implications of COVID-19 for the Romanian financial system

Leonardo Badea, Deputy Governor of the Romanian National Bank,...

US imports from China grows by 126% to $292 billion amid pandemic

Data presented by Bankr indicates the United States imports from China...

Italian GDP expected to increase by 4% in 2021

In 2020 Italian GDP is expected to decrease by...

Greece GDP recovered in Q3 2020 and recorded a 2.3% increase

Greece emerges worst quarterly economic decline reporting a 2.3%...

JOBS

Dimitris Raptis is new Chief Executive Officer of Globalworth Group

Globalworth announces that Dimitris Raptis is appointed sole CEO of the Group. Ioannis Papalekas...

Eurostat: 15% of all EU employees are low-wage earners

In 2018, 15.3% of employees in the European Union (EU) were low-wage earners (this...

Carrefour to hire 15,000 young people in France next year

Carrefour plans to hire 15,000 young people in France next year, and half of...

Average wage in Czechia increased by 1.7%, in real terms, in Q3 2020

In Q3 2020, the average gross monthly nominal wage...

Average monthly wage in Slovakia at EUR 1.113 in Q3 2020

In Slovakia, the average monthly wage increased by 4,2...

Czechia: Unemployment rate at 2.9% in October 2020

Unemployment rate of the aged 15–64 years in Czechia reached 2.9% in...

Slovakia: Unemployment rate at 7,2 % in Q3 2020

The corona crisis increased the unemployment rate in Slovakia...

Itiviti to hire more than 200 new staff in 2021 and 2022

Itiviti will be adding more than 200 new research...

IBM to cut around 10,000 jobs in Europe

IBM plans to cut 10,000 jobs in Europe in...

Nissan to further cut its presence in Europe

Nissan intends to further cut its presence in Europe and outsource its car manufacturing and sales operations to alliance partner Renault, Japanese publication Yomiuri...

Greece started to receive natural gas from Azerbaijan

Greece started to receive natural gas from Azerbaijan, as the Trans Adriatic Pipeline (TAP) is ready, the director of the national natural gas company...

61% of Europeans don’t trust public authorities with their personal data

European Commission latest data, analysed by Reboot Online, show which European citizens trust the public authorities in their country with personal data the least. This...

THIS WEEK
TOP 5

Louvre Museum in Paris was hit hard by the Covid-19 pandemic and the number of visitors in 2020 being 72% lower than in 2019,...
European Commission latest data, analysed by Reboot Online, show which European citizens trust the public authorities in their country with personal data the least. This...
The German car market fell in 2020 to its lowest level since reunification, as both car production and sales fell dramatically due to the...
The video streaming provider Netflix is once again increasing prices for customers in Austria. From three available subscription options, two will be more expensive. Customers...
Greece started to receive natural gas from Azerbaijan, as the Trans Adriatic Pipeline (TAP) is ready, the director of the national natural gas company...