Analysis, Archive, Banking, Business, Features

Mergers and acquisitions with profound effect upon Bulgarian banks’ online reputation

by Petar Galev, Media Analyst, Perceptica The aim of this study is to seek a correlation between a bank’s portfolio (in terms of consumer finances, such as consumer loans and mortgages) and the way its products were perceived on social … Read more

Banking, Interviews

Financial companies eye first private bourse in SEE

By Klaudjo Jonuzaj The private Albanian Securities Exchange (ALSE) was founded by Tirana-headquartered Credins Bank and American Bank of Investment (ABI Bank) with 42.5% shareholding interest each and AK Invest, one of the biggest non-banking financial institutions in Albania, with … Read more

Banking, Interviews

BVB in talks with peer bourses on regional ETF

By Nicoleta Banila In the beginning of 2018 Romania’s financial regulator ASF approved Adrian Tanase’s appointment as CEO of the Bucharest Stock Exchange, BVB, for a four-year term. BVB is the biggest stock exchange in Southeast Europe (SEE) with a … Read more

Interviews

Turmoil on global radiators market opens up new opportunities for Korado

KORADO Group is the world’s fifth largest supplier of steel panel radiators with more than 30 million customers worldwide during its 50-year history. The company offers a wide range of steel panel radiators, tower rail radiators, and unique design radiators. … Read more

Interviews

SEE power markets can achieve liquidity, competition only via regional integration

The Energy Management Institute (ЕMI) is a public institute for energy policy founded in 2010 with the aim to promote the interest of the Bulgarian energy sector and the EU and global energy policies and best practices, to enhance the … Read more

Interviews

Complex metallurgy, circular economy are the future

By Mario Tanev Tim Kurth was appointed CEO and vice president of Aurubis Bulgaria in 2014. As of 2015 he is also president of the German-Bulgarian Chamber of Industry and Commerce. He joined Norddeutsche Affinerie (nowadays Aurubis) in 2006 and … Read more

Food/Drinks/ Tobacco, Innovations, Interviews, Technology

Our ambition is by 2025 at least 30% of our adult consumers to switch to smoke-free alternatives

Philip Morris International is a leading international tobacco company, which owns six of the world’s top international 15 brands, spanning more than 180 markets. The company operates and owns 46 production facilities and employs around 81,000 people. Christos Harpantidis is … Read more

Insurance, Interviews

Triglav Group sees steady rise in premium share on SEE markets outside Slovenia, adopts omni-channel sales approach

Triglav Group posted consolidated pre-tax profit of 84.4 million euro in 2017. The Group employs over 5,100 people in six countries. Triglav Group continues to maintain high capital adequacy in line with its strategy for responsible long-term development. How far … Read more

Insurance, Interviews

We are well positioned for growth and expansion

EIG continues to expand its market share across CEE/SEE. What opportunities do you see in these markets? EIG has followed a firm strategic path towards regional expansion which was initially and predominantly targeted at the Balkan countries. However, in the … Read more

Banking, Banking, Business

Moldova Agroindbank plans entry on foreign markets, seeks strategic investor

  Moldova Agroindbank, also known as MAIB, is the leading systemic bank in Moldova, an Eastern European country sandwiched between Romania and Ukraine. The bank holds a market share of over 30% and maintains a nationwide network of almost 70 … Read more

Business, Energy, Interviews

Same rules on cross-border electricity trade should apply in EU and other countries within wider European market

  As countries in Southeast Europe (SEE) make steps towards the liberalisation of their power markets, SeeNews talks to Janez Kopac, Director of the Energy Community Secretariat and former general director for energy at the Slovenian economy ministry. Kopac acted as … Read more

Interviews, Technology

Reading between the data

Have you checked latest news and trends? In July the International Space Station, located more than 200 miles above Earth welcomed its first AI space assistant – CIMON (short for Crew Interactive Mobile Companion), designed to work with Alexander Gerst, … Read more

Interviews

SEE countries must incentivise companies to invest in R&D to close competitiveness gap

  According to the World Bank’s Growing United report, the share of workers in EU member states in Southeast Europe (SEE), particularly in their lagging regions, who lack the skills needed to position themselves well on the labour market, is … Read more

Interviews

On-demand business intelligence: Transforming data into actionable insights

Valentina Gerasimova, Head of SeeNews Research On-demand services You have been long in market intelligence, how has your business evolved in the age of Big Data? Data has been around for decades but what has made it big are the … Read more

Interviews

In-depth knowledge of country specifics key to grasping SEE communications market

Tomislav Tsolov, Founder and General Manager APRA Porter Novelli APRA Porter Novelli is a private communications company founded in 1994 in Bulgaria. In 2012 the company expanded by entering Albania, Kosovo, Bosnia and Herzegovina, Macedonia, Montenegro and Serbia. In order … Read more

Interviews

Companies in SEE need to invest more in innovation, work across borders

By Nevena Krasteva The European Investment Bank (EIB) is the leading investor in Southeast Europe (SEE). In 2016, it extended loans and guarantees of 467 million euro to Bulgaria and lent 1.1 billion euro to Romania. Since 2006, the bank … Read more

Automotive, Interviews

Bundling all car maker-specific activities boosts Automobile Dacia’s results

by Nicoleta Banila Romanian car maker Dacia, a unit of France’s Groupe Renault since 1999, posted a turnover of 4.6 billion euro in 2016. In 2016 Dacia brand sales rose by 10.8% to a record-high 415,010 registrations. Yves Caracatzanis, Managing … Read more

Banking, Interviews

Social corporate responsibility – a new aspect of banking activity

Moldova Agroindbank has been recently conferred the title Best Social Impact Bank – Moldova 2017 by the London-based publication Capital Finance International (CFI). According to the CFI assessment committee, “Moldova Agroindbank conducts its business in line with corporate responsibility principles, … Read more

Insurance, Interviews

Triglav to keep focus on core business, profitability, put more emphasis on digitalisation of processes

By Nevena Krasteva Slovenian insurance-financial group Triglav Group posted a consolidated net profit of 82.3 million euro in 2016. Gross written premiums from insurance and co-insurance grew 2% to 936 million euro in 2016. The group, listed on the Ljubljana … Read more

Insurance, Interviews

Reported positive results give Euroins solid ground for further growth

Euroins Romania is one of the leading insurance companies in Romania. It is the largest subsidiary of Bulgaria-based Euroins Insurance Group (EIG), which is an independent insurance group, operating in Central and Southeast Europe (CSEE) and providing a full range of … Read more