The financial results came against the background of the decrease in the purchasing power of customers and the change in consumer preferences from online to physical bookstores.
Serbian municipality to offer plots of land to IT companies as Serbia seeks to boost its tech sector.
Tirana agrees with US-based Satellogic USA Inc. to develop a dedicated satellite constellation that will enable satellite monitoring of the country’s territory.
Deal will help Alten strengthen its presence in Romania and the broader Central and Eastern Europe region.
Serbia is an emerging high-tech hub that is especially strong in blockchain and game development.
Grouper was set up as a startup by North Macedonia’s ex-finance minister Nina Angelovska in 2011.
French e-gaming company 52 Entertainment aims to improve its regional capabilities in board and card games.
Bucharest sweetened terms for telcos building 5G networks in Romania, but companies will no longer get preferential electricity prices.
Alcatraz AI has raised nearly $50mn in total to develop its autonomous access control system using 3D facial authentication and artificial intelligence.
Fast-growing private medical services provider MedLife enters the wellness segment with acquisitions of SanoPass and Sweat Concept One gyms.
Country’s automakers have suffered output disruptions caused by global lack of semiconductors for more than a year and a half.
Country leapfrogs Brazil with the launch of the iPhone 14 models, with the Erdogan administration’s indirect taxes meaning the consumer must pay at least $1,700 for one of the latest-generation smartphones.
CEO Nikola Dujmovic says cyber security "has never been more important" as Span launches centre in cooperation with Israeli Cybergym.
Serbia-born HTEC Group now has over 2,000 professionals at development centres across Southeast Europe.
Montenegro’s national security agency warns cyber attacks linked to Russia will get worse.
Same people behind platform previously targeted street cats, activists claim.
It's not known why Twitter suspended the accounts of several Serbian embassies, though it follows a significant rise in tensions between Serbia and Kosovo.
evoMAG raises its first major funding in 17 years as it pursues expansion in Romania and abroad.
Deal to accelerate SeedBlink's coverage as a pan-European player, broadening its geographic footprint in CEE and Benelux.
Online shopping has become increasingly popular in Serbia, even though the market lags behind Central and Western Europe.