Business models

The British Council in Greece and the Education Ministry's General Secretariat for Lifelong Learning are organizing the first COOPAthon in Greece on February 26-28.

The new system considered for the operation of retail commerce amid the second wave of the pandemic provides for shopping by appointment, with consumers allowed to enter a store, see and even try on products of their choice.

The Agricultural Cooperative Tara Mea (My Country, ed. n.) has taken over, since April, the activity of centralization, storage and delivery of 150 Romanian vegetable producers, to help them deliver all the quantities obtained to hyper-markets, informs a press release of the association sent to AGERPRES on Wednesday.

In March 2020, the total business climate indicator decreases by 3.7 percentage points in comparison with February which is due to the worsened business climate in industry, retail trade and service sector, NSI said in a press release.

Industry

A significant number of entrepreneurs in retail commerce were forced to become employees in the years of the financial crisis, as the reduction in demand - and consequently in sales and profits - resulted in many company closures.

Prime Minister Ludovic Orban said on Tuesday that he intends for the public administration a management style close to that in the private system, where the focus should be on digitisation, while also assuring that the employees of the public system who do their job well should not be afraid of losing their job.

The European Investment Bank announced on Tuesday it will work with Greece's systematic banks to provide 500 million euros' worth of loans for new business investment in the country, including dedicated financing for companies across the country that actively support youth employment and the empowerment of women in the workplace.

Tradesmen appear disappointed with last Sunday's turnover, on the first Sunday of the summer sales.

A sample survey by the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) found that 56 percent of entrepreneurs are not happy with last Sunday's shopping, while only 19 percent expressed satisfaction.

Alphabet Inc's Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via open source licensing, a source familiar with the matter told Reuters on May 19, in a blow to the Chinese technology company that the U.S. government has sought to blacklist around the world.

After the official opening ceremony of the Forum, Minister Biser Petkov presented awards for an innovative product. In addition to the distinguished Bulgarian social entrepreneurs from the areas of fashion, services and technologies, companies from Romania, Italy and Korea, whose products are represented on the Forum, were granted with awards.