|
Bosch Rexroth, a Slovenian company affiliated with the renowned German group, has announced the launch of its new commercial and production facility near Ljubljana airport. Consolidating employees from the company's three existing locations, this expansion aims to accommodate increased production and generate at least 123 new jobs. Having established a presence...
|
|
In Poland, the market potential for workwear is on the rise. The country ranks as the sixth largest import market for workwear in Europe, with imports valued at €148 million in 2020, compared to €81 million in 2015. This corresponds to approximately 9 million units of clothing. Over the past five years, Poland's workwear imports have grown at an average...
|
|
The European Bank for Reconstruction and Development (EBRD) is promoting more environment-friendly retail and value chains in Poland, with a sustainability-linked loan provided to Żabka Group, which operates a leading modern convenience ecosystem in Europe. The sustainability-linked loan of €75 million (of which €67.5 million is in PLN equivalent)...
|
|
The European Bank for Reconstruction and Development (EBRD) is lending €23 million to Moldovan Railways to support the rehabilitation of two key sections of railway lines on the country’s North-South Rail Corridor, part of the EU Solidarity Lanes initiative to improve transport to and from Ukraine. The project will boost Moldova’s economic development,...
|
|
Forging Strong Business Partnerships: Unlocking the Potential of Industrial Products into Poland
The relationship between South Korea and Poland has been steadily strengthening, marked by significant arms deals and a Korean firm's contract to build a nuclear power plant in Poland. This growing partnership, often referred to as 'kimchi diplomacy,' is a testament...
|
|
Sunly, an independent power producer with Estonian roots, has successfully secured a €30 million investment from the European Bank for Reconstruction and Development (EBRD). This investment marks EBRD's entry as a minority investor and completes Sunly's capital raise campaign, bringing the total capital raised to €230 million. With the new funds, Sunly...
|
|
Italian corporation Marcegaglia has made a significant entry into the Baltic and Northern European market with the acquisition of the Latvian unit of Russian steel producer Severstal. Following approval from the Latvian government and European Union competition authorities, Marcegaglia plans to establish a modern processing and distribution center in Latvia,...
|
|
Hynfra and Tsubame BHB have entered into a cooperative agreement. Hynfra, a technology integrator specializing in renewable hydrogen production, will collaborate with Tsubame BHB, a Japanese technology supplier renowned for its innovative small-scale ammonia production solution. This collaboration aims to develop safe ammonia energy storage systems for the seasonal...
|
|
Poland Retains its Position as one of the Most Attractive Investment Destination and the most attractive in CEE Poland continues to dominate as the top choice for businesses seeking attractive investment locations, according to a recent economic survey conducted in March 2023 by the Polish-German Chamber of Industry and Commerce (AHK Polska) and IGCC (a network...
|
|
Taiwan's economic and technological prowess has gained significant recognition in Central and Eastern Europe (CEE), leading to the formation of new alliances and partnerships. Referred to as the "Dumpling Alliance," Taiwan and four CEE countries - Poland, Lithuania, the Czech Republic, and Slovakia - have forged strong ties and become a vanguard alliance...
|