Inflation – How can your business respond?
In the world of the COVID-19 pandemic, the global economy is experiencing massive shutdowns and inflation. As a result, wherever you are right now, the prices of everything from food to essential materials are going up at incredibly high rates. As an example, prices of gas in Europe are trading $522 per barrel of oil […]
Croatian first Unicorn
Last week’s announcement that the US private equity firm One Equity Partners is partnering with Infobip in their $200 million Series A round at a $1 billion valuation may not seem groundbreaking in the international technology market yet for a small mostly tourism-driven country like Croatia it certainly is. It is a sign for the global investment community that […]
CEE startups ecosystem – tech scene
The CEE region continues to evolve and compete to be at the forefront of the European tech startup scene. Moreover, the CEE startup ecosystem produced over 10 unicorns with a combined value of €30 billion. There’s been a drastic change in the region. That goes for the majority of early-stage startups 5 years ago to […]
Business environment in CEE facing Digital Challenges
Central and Eastern Europe offer a solid and attractive market for business opportunities. Overall, the business environment in CEE offers many advantages due to its strategic location. Moreover, long-term political stability, competitive tax system, highly skilled workforce and the international community. The wave of globalization calls for reaching beyond the borders, encouraging companies and corporates […]
Recent M&A deals in South-East Europe
We have seen in the past month new mergers and acquisitions in South-East Europe. Here, we included some of the latest M&A deals in South-East Europe according to an online media source. Croatia The European Commission recently approved the proposed acquisition of Slovenian retailer Mercator by Croatia’s Fortenova Group, the successor to the collapsed food-to-retail […]
Startups in Europe lag behind the US
Europe presents all the necessary elements to allow tech businesses to grow and scale. Startups in Europe have seen a surge in the number of unicorns and the pace at which they are created. Of the 99 venture-capital-backed European unicorns, 14 were added in 2019 alone. These include Germany’s online bank N26, France’s healthcare scheduling […]
The Digital Economy in CEE – market overview
The development of the digital economy in CEE has shown a remarkable achievement and grew almost twice as fast as the previous two years, a new report from McKinsey has revealed. Even though in 2020 the Covid-19 outbreak has led to numerous uncertainties about the future, one thing is clear – the pandemic has accelerated […]