Croatia

GlycanAge's pursuit of longevity boosted by $4.2mn seed funding

bne IntelliNews February 19, 2024

GlycanAge will use the funds to scale its business that lets users learn their biological age, as well as diversifying into the broader diagnostics market.

CEE losing competitiveness because of soaring wages and weak productivity growth

bne IntelliNews February 19, 2024

Unit labour costs have surged by 25% since 2020 – something not seen since the early 2000s, says Capital Economics

Effigy of Serbian president causes new rift in relations with Croatia

bne IntelliNews February 18, 2024

Effigies of Serbian President Aleksandar Vucic and Russian President Vladimir Putin were burnt at the annual carnival in Kastel Stari.

Clear east-west divide in EU for gender balance in science and engineering

bne IntelliNews February 15, 2024

Female employment in science and engineering is well above 50% in multiple regions of Central and Southeast Europe, Eurostat figures show.

Balkan governments mull military service amid regional and global tensions

bne IntelliNews February 14, 2024

Politicians in Croatia, Romania and Serbia have all discussed a potential move to a form of military service.

Warning of new ice age in Europe as currents in the Atlantic approach a catastrophic tipping point

Ben Aris in Berlin February 14, 2024

The currents that circulate in the Atlantic are approaching a “tipping point” that will change the way water flows around the oceans of the world, which will have a catastrophic climate impact on countries around the world.

EU may sanction Chinese companies for the first time for facilitating Russia’s flourishing trade with friendly countries

bne IntelliNews February 13, 2024

The EU is contemplating the unprecedented step of imposing sanctions on three Chinese companies alleged to be aiding Russia's military actions against Ukraine, Bloomberg reports.

Hydrogen production and demand to grow in 2024, but only slowly

bne IntelliNews February 12, 2024

Hydrogen production and use are expected to grow in 2024, but it remains very expensive to produce and transport, making progress slow.

Oil and gas companies to invest over $1 trillion in the next decade expanding production

bne IntelliNews February 12, 2024

A report from climate campaign group Global Witness reveals that the fossil fuel sector is anticipated to allocate more than $1 trillion worldwide over the next decade for the expansion of natural gas production.

Croatian Project 3 Mobility raises €100mn in investment round

bne IntelliNews February 7, 2024

Croatian tech champions, Middle Eastern investors and international tech companies are among company's backers.

Croatia’s Fortenova probes interest in sale of agricultural business

bne IntelliNews January 30, 2024

Funds from offloading agricultural businesses to reduce debt and finance investments in core areas.

wiiw projects brighter 2024 for Emerging Europe

bne IntelliNews January 30, 2024

Vienna-based think-tank expects growth to get back on track this year, but warns of risks from a Trump victory in the US and escalation of fighting in Ukraine or Gaza.

NEO: EU green ambitions under siege amid Red Sea crisis, Russian aluminium ban fears

NEO January 26, 2024

The EU has long positioned itself as a global champion of green energy and the world’s battle against climate change but the Red Sea Crisis and a mooted ban on Russian aluminium imports are undermining those goals.

Red Sea shipping disruptions to hit Europe via industry and inflation

bne IntelliNews January 26, 2024

BMI analysts say Hungary, Ireland and Slovakia to be worst affected, but no major impact on GDP unless Middle East conflict persists.

OUTLOOK 2024 Central Europe

Robert Anderson in Prague January 25, 2024

2023 was a good year for centrist parties in elections in Central Europe and the Baltic states, particularly given the dire economic environment and worrying geopolitical picture.

Rightward shift expected across EU in May European Parliament elections

bne IntelliNews January 24, 2024

ECFR report indicates strong performance for anti-European populist movements across much of the EU, including Visegrad Four states.

OUTLOOK 2024 SE Europe

bne IntelliNews January 23, 2024

Following a challenging 2023 marked by energy and inflation crises triggered by the conflict in Ukraine, the economies across Southeast Europe are poised for a modest rebound in 2024.

Russian sanctions boomerang effect means a year of stagnation for Europe in 2024

Ben Aris in Berlin January 18, 2024

The boomerang effect of the Russian sanctions on the EU member states is having a mixed impact. Germany, France and Italy are worst affected as the pain from the changes in energy and input supplies impact their economies, dragging them down.

Eurozone faces fifth consecutive quarter of industrial contraction as Germany struggles

bne IntelliNews January 15, 2024

Europe slips further into the red as German slowdown for fifth quarter drags the rest of the EU down with it

Croatian opposition party claims Fortenova CEO helped local tycoon take control of group

bne IntelliNews January 8, 2024

Pavao Vujnovac substantially increased his stake in Southeast Europe's largest private sector employer Fortenova after a deal to remove sanctioned Russian banks from its shareholding.

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