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Global Trade

Alibaba considers building a new logistics center in Bulgaria

The well-known Chinese e-commerce group, Alibaba, could be extending its influence over the Eastern European market, with a new logistics center in the area. Specifically, the company is currently planning to add a new center for business and logistics in the Eastern-European country of Bulgaria. Representatives from the Chinese group met with the Bulgarian Prime […]

New Asian freight train to bring good business to Europe

Authorities from China have announced a new train service to link the country with Europe, in order to improve freight transport between the two. The new train service, set to run from China to the UK and vice versa, will be passing through a couple of important Asian and European cities. The train, operated by […]

EBRD loans 4 million Euro to Ukraine pharma company

The European Bank for Reconstruction and Development (EBRD) is working on a loan for a pharmaceutical company based in Ukraine. The LLC NVK Ecopharm company has recently been awarded a loan of close to 4 million EUR (3,8 million EUR), by the EBRD. The pharma company based in Ukraine needs the European loan to finish […]

E-commerce market on a roll in the Czech Republic

The market for online commerce has seen a significant increase in recent years, bringing more business opportunities to countries such as the Czech Republic. According to an analysis on the e-commerce market, 2015 is responsible for record sales in the Czech Republic. The year’s turnover for online shopping reached sums of around 81 billion CZK (2,99 […]