Southeast Europe / News

Veteran Russian tour operator Intourist reportedly considers IPO

bne IntelliNews November 18, 2019

Russia’s oldest and largest tour operator Intourist is planning an IPO, after Anex Tour owner Neşet Koçkar completes a buyout of its shares from troubled Thomas Cook.

Montenegro launches undersea power link to Italy

Denitsa Koseva in Sofia November 17, 2019

First "electrical bridge" from Western Balkans to the rest of Europe is expected to generate export revenues for Montenegro and its neighbours as they step up investment into renewable energy.