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Hungary’s Gallicoop revenue reaches HUF 33.6b in 2014
BUDAPEST: Hungarian poultry processing firm Gallicoopʼs saw a 4% rise in revenue last year, to HUF 33.6 bln, with output...
Hungary’s industrial output rose 11,6% YoY in march 2015
BUDAPEST: Hungary’s industrial output grew by an annual 11.6% in March, the Central Statistical Office (KSH) said. The working day...
Swiss Monsanto to make preliminary $45b offer for Syngenta
BERN: Monsanto Co., the world’s largest seed company, made an initial offer for Syngenta AG valuing its Swiss rival at...
Polish CCC stands at PLN 150m worth investment budget
WARSAW: This year’s CCC capex (capital expenditures) will stand at PLN 150 million. PLN 138 million will be committed to...
Polish Martgage loan demand up by 0.4% in April
WARSAW: Demand for mortgage loans in the Polish banking sector slumped visibly in April year on year, while demand for...
Spanish Valencia’s unemployment figures fall by 8% to 119,000 in a year
MADRID: The registered people figures of unemployed in Spain fell by almost 119,000 during April to 4.33 million, but despite...
Greece pay TV to issue €100m convertible bond
ATHENS: The Largest Greece pay-TV firm, is the subject of two separate bids from Deutsche Telekom AG and Vodafone Group...
Greece Consumer prices fall by 2.15 YoY in April 2015
ATHENS: The data from the country's statistics service showed that the Greece consumer prices fell 2.1 percent year-on-year in April,...
Greece government to propose VAT tax at 16% from 13%
ATHENS: The Greece officials stated that the government is ready to propose tax hikes and high pension cuts to lenders...
Danish FLSmidth’s new technology can create 40m US dollar extra
COPENHAGEN: The Danish engineering company FLSmidth has developed a new technology that has huge economic potential for copper production. Technology...
Finland’s Fortnum gets grant worth of €17m
HELSINKI: A research project coordinated by Finnish energy company Fortum has been granted €17 million in funding by the European...
Finnish S group cuts 400 grocery items prices at S Market, 200 at Alepa
HELSINKI: The S Group announced on Wednesday that it has reduced the prices of over 400 grocery items at S-Markets...
ENI’s Goliat field likely to face 50% increase on planned cost
OSLO: Extracting and processing oil and gas at a profit has always been a numbers game. Last year the price...
Angela Merkel plan to give German taxpayers €1.5b tax cut in 2016
BERLIN: Angela Merkel’s government is planning to give German taxpayers a €1.5bn tax cut next year, in a surprise handout...
French state to spend 46m Euros to increase its stake in Air France-KLM
PARIS: The French state will spend as much as 46 million euros ($51.5 million) to increase its stake in Air...
Crowdfunded ZX Spectrum revival just days away from shipment
The remake of the Sinclair Spectrum from Retro Computers is about to ship. Despite our suggestion that it was a...
Global PC shipments fall 7% in Q1 2015
The global PC market, including tablets, experienced an annual decline of 7% in Q1 2015, reaching 115.7 million units worldwide,...
Turkey aims for defence industrial independence by 2023
ANKARA: Turkey is aiming to achieve independence from imported equipment by 2023, Turkish President Recep Tayyip Erdogan said at the...
Gazprom agrees to launch first stage of Turkish Stream gas pipeline in December 2016
ANKARA: The first stage of the Turkish Stream gas pipeline from Russia to Western Turkey could go into service late...
Skagerak Nett chooses Ericsson to deploy 180,000 meters in Norway smart grid revolution
OSLO: Skagerak Nett chooses Ericsson to help modernise the country's power grid with smart meters. Skagerak Nett selected Ericsson to...
