Southeast Europe / Tech

Konzum launches Croatia's first automated supermarket

Aidą Kadyrzhanova in Prague September 27, 2023

Konzum’s store is one of a growing number of entirely cashierless shops in Europe as international retailers explore the potential of AI technology.

Erdogan asks Musk for Tesla gigafactory during meeting in New York

bne IntelIiNews September 18, 2023

Also offers entrepreneur cooperation in artificial intelligence and Starlink satellite internet services.

Romanian startup Druid raises $30mn in series B round

bne IntelliNews September 13, 2023

Funding to help Druid accelerate its international expansion, particularly in the US market.

Fortunes of Turkey’s rapid grocery delivery firm Getir plummet

bne IntelIiNews September 10, 2023

Startup that became a big hit during the pandemic reportedly now worth quarter of $12bn it was valued at 18 months ago.

Croatian firms launch NFT 'crypto pigs' platform to boost pork industry

Aidą Kadyrzhanova in Astaną September 8, 2023

Investors can buy "crypto pigs" in the form of NFTs through the GoAgro platform, launched to support Croatia's struggling pork industry.

Moldovan P2P lending platform Fagura to expand to Romania

bne IntelliNews September 7, 2023

Moldovan fintech breaks into the EU market with expansion into neighbouring Romania.

EBRD to support rural fibreoptic network construction in Serbia

bne IntelliNews August 24, 2023

Development bank aims to connect remote and underserved regions of Serbia.

Anglo-Turkish fintech Colendi launching Turkey’s first digital deposit bank

bne IntelIiNews August 22, 2023

Firm has acquired e-money, asset management, capital market and insurance brokerage licences over past 24 months.

Bulgaria’s competition watchdog allows sale of mobile towers to Saudi company Tawal

bne IntelliNews August 17, 2023

Tawal's acquisition of TowerCo is the company's first investment in the European telecoms sector.

Romania allows Lenovo to participate in 5G network infrastructure

bne IntelliNews August 10, 2023

Lenovo given permission by top officials despite law restricting role of Chinese companies in Romanian telecoms sector.

New research reveals surge in AI startups in Southeast Europe

bne IntelliNews August 8, 2023

Latest AI map from Techcelerator and Google for Startups shows a massive expansion in the AI startup ecosystem.

Bosnian fitness tech start-up Rolla raises €6.3mn in seed round

bne IntelliNews August 4, 2023

Gamified fitness platform backed by Rimac Group founder Mate Rimac and Superbet Group founder Sacha Dragic's family office.

Databricks to open development centre in Belgrade

Aida Kadyrzhanova in Almaty August 4, 2023

Databricks seeks to build up Belgrade team, taking advantage of region's "rich vein of technical expertise".

SAP opens digital innovation hub in Bucharest

bne IntelliNews August 1, 2023

The Bucharest hub is part of SAP's global R&D network that oversees the company's engineering activities.

Google alert system failed to warn people of Turkey earthquakes finds BBC investigation

bne IntelIiNews July 27, 2023

Tech giant claims warning service worked but in hundreds of interviews reporters can’t find a single survivor who says it sent an emergency message ahead of first quake.

Neobank acquisition makes Papara Turkey’s first fintech unicorn

bne IntelIiNews July 13, 2023

Electronic money firm with 16mn active users valued at over $1bn.