Southeast Europe / Tech
Bulgaria opens EU’s largest battery energy storage facility
Energy Minister Zhecho Stankov says facility is “first step” towards Bulgaria's ambition of reaching 10,000 MWh of operating battery capacity.
M360 GSMA Eurasia event spotlights rich promise of mobile tech, 5G and AI
Mobile technologies and services said to have generated 7.7%, or $220bn, of GDP across region last year.
Data centre power use expected to increase 20-fold in next five years
The first data centres consumed as much power as 20,000 homes, but the largest today use the same amount of power as100,000 homes, and are on track to burn up 5mn households' worth of power by 2030 – the same amount of power that Japan consumes.
Sirma to aim for dual listing on Sofia and Frankfurt bourses
If successful, Sirma's dual listing will be the second for a Bulgarian company after Shelly Group started trading on the Frankfurt bourse in 2024.
X blocks jailed Imamoglu’s account in Turkey
Opposition leader says move is "digital pillar" of coup mounted by regime to stop Turks electing president they want.
Bulgaria’s Shelly Group expands to Poland
IoT company picks Warsaw for regional expansion after announcing decision to exit the US.
Uber to pay $700mn for 85% stake in Turkey delivery unit of Alibaba’s Trendyol
Trendyol GO delivered 200mn+ orders in 2024 and generated $2bn in gross bookings.