Business

Investment in local firms stays low on weak growth

Investments in Greek enterprises remain at low levels. Although they increased last year compared to 2017, they still failed to reach a satisfactory amount, according to data compiled and processed by PricewaterhouseCoopers. Despite the drop in the value of Greek companies, they are unable to attract investment capital due to the country's weak economic growth.

The EBRD and BSMEPA will Cooperate in Supporting Small and Medium-sized Businesses

Opportunities and directions for cooperation in support of small and medium business were discussed at a meeting on Thursday by Dr Boyko Takov, Executive Director of the Executive Agency for Promotion of Small and Medium-sized Enterprises (BSMEPA) and Larisa Manastirli, Director of the European Bank for Reconstruction and Development / EBRD / for Bulgaria.

Dr. Boyko Takov: BSMEPA will Support the Efforts of BCause Foundation to Promote Start-up Business Projects

We understand the need to encourage start-up entrepreneurs and we are ready to consider more effective formats for their support. This was stated by Dr. Takov, Director of the Executive Agency for Encouragement of Small and Medium-Sized Enterprises, during a meeting with BCause Foundation Executive Director and representatives of the non-governmental organization.

Bulgaria Signs Car Supply Deal with Moto Pfohe

Bulgaria's education ministry said on Thursday that it has signed a 1 million levs ($580,000/511,000 euro) deal with local car dealer Moto-Pfohe for the supply and maintenance of light vehicles with 8+1 seats, See News reports. 

The contract was signed on February 2, the ministry said in a notice to the public procurement agency.

Alpha appoints two new executives

Alpha Bank has added two new positions, chief legal officer and head of international operations, to its executive committee, Greece's fourth-largest lender said on Thursday.

The bank appointed Sergiu Oprescu as general manager of its international network, and Nikos Salakas as chief legal and governance officer.

Pages