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Global Trade

Big money for Montenegro businesses

Two major financial European institutions have agreed to aid the country of Montenegro, in order to finance some of its plans for better businesses. Specifically, the European Investment Fund (EIF) and Erste Bank Podgorica have signed their first agreement (known as the InnovFin SME Guarantee Facility agreement), to support innovative small- and medium-sized enterprises (SMEs). […]

Good news for Belarus-France commerce

Representatives from both French and Belorussian political groups met recently to talk about increased commercial cooperation between the two countries. Specifically, the Chairman of the Council of the Republic of Belarus, Mikhail Myasnikovich (note: picture above) met with a delegation of the France-Belarus Friendship Group of the National Assembly of France in Minsk (note: capital city […]

The reason Turkish exports are rising

Following agreements between Turkey and the Balkan-area states, authorities have noticed a significant increase in export volumes in the first five months of 2018. Turkish exports to Balkan countries increased by 22% from January to May of this year, amounting to somewhere around 4 billion USD (3.45 billion EUR) for the Euro-Asian country. The largest […]

Fabryo to be part of AkzoNobel family

Dutch manufacturer for paints and performance coatings, AkzoNobel, has entered into an agreement to acquire 100% of Romanian Fabryo Corporation shares. Following this transaction, AkzoNobel will become a leading presence on the Romanian decorative paints market. The Fabryo Corporation SRL has its headquarters near Romania’s capital city of Bucharest, being known for making various types […]

Mondelez is investing in Czech Republic

A factory responsible with making biscuits for Oreo, belVita, Milka and Cadbury has been receiving massive investments from the Mondelēz International Corporation over the last few years. The Opava biscuit manufacturing facility, located in the Czech Republic, has been on the receiving end of a series of investments from Mondelēz International, totaling 200 million USD, since […]