€60 million investment for Polish ski resort

Located in the Beskid Slaski mountains in the south of Poland, the Szczyrkowski Osrodek Narciarski s

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Huge increase in costs for Russia 2018 World Cup

According to reports, Russia have had to increase spending on the 2018 World Cup by 19 billion Ruble

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World Swimming Championships to come to Dagaly Aquatics Complex in Budapest

With the World Swimming Championships just five months away, the aquatics centre set to host the eve

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CEE hotel portfolio sold by Warimpex

Over the years, Warimpex has built a solid portfolio of real estate assets but this is now set to ch

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Eurobike lose yet another manufacturer

According to the Managing Director of Hebie, Christian Junker, the company has decided to pull out o

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€60 million investment for Polish ski resort

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Located in the Beskid Slaski mountains in the south of Poland, the Szczyrkowski Osrodek Narciarski ski resort is set to be boosted by a €60 million investment from Slovak company Tatry Mountain Resorts.

Huge increase in costs for Russia 2018 World Cup

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According to reports, Russia have had to increase spending on the 2018 World Cup by 19 billion Rubles (over €300 million). Originally, the event was set to cost €9.7 billion but over time this has increased to well over €10 billion.

World Swimming Championships to come to Dagaly Aquatics Complex in Budapest

source own
With the World Swimming Championships just five months away, the aquatics centre set to host the event in Budapest has now been revealed.

CEE hotel portfolio sold by Warimpex

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Over the years, Warimpex has built a solid portfolio of real estate assets but this is now set to change after they announced the sale of 50% of their portfolio.

Eurobike lose yet another manufacturer

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According to the Managing Director of Hebie, Christian Junker, the company has decided to pull out of this year’s Eurobike event in an attempt to address customers more effectively.

Croatia receives financial support from EU Bank

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In 2016, around €530 million worth of loans were made available by the European Investment Bank (EIB) to Croatia.

Multicycle acquired by Kross

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Based in Poland, Kross the largest bike manufacturer in the country have now acquired Multicycle who have become known for their e-bikes in recent times. According to Kross, all production of trekking, urban, and e-bikes for the company will remain in the Netherlands

Taiwan investors support ‘SME Growth Market Project’

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After a visit to Tapei, the European Bank for Reconstruction and Development (EBRD) and the Zagreb Stock Exchange (ZSE) are working together to find ways of developing local markets.

New online strategy for Intersport and Sport 2000

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In recent years, we have seen huge growth for online stores such as Zalando and Amazon which has led to some much-needed changes from Intersport and Sport 2000.

Croatia welcomes new PRO SPORT store

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General Manager at PRO SPORT 98, Marko Bljaic, recently revealed a new outlet opening in Pula, Croatia.

Polands growth of professional cyclists

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For many years, Team Sky has been considered one of the world’s best cycling teams and it just so happens that three riders from Poland have now joined the team - Michal, Michal, and Lukasz.

Brand expansion for 4Faces in Poland

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Thanks to continual growth in recent times, POLAND 4Faces is set to open a brand new store in Galeria Polnocna which will be their first in Warsaw.

CityFit opens its 9th gym in Poland

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Whilst some companies are making a slow and steady start to 2017, CityFit has continued on its path of growth after opening a ninth club in the Bydgoszcz mall.

Krakow mall to host Intersport into the future

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Network Intersport Poland has announced that they will be staying within the Krakow mall for at least another ten years thanks to a new lease agreement.

Good year expected for Russian sports nutrition market

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After the political and macroeconomic challenges in recent times, there was a little uncertainty regarding the sports nutrition market but CeSports has now quashed all rumours by predicting growth in the 2017-18 period.

Positive growth for Croatia in 2016’s final quarter

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According to the Institute of Economics in Zagreb, a growth figure of 3.9% was seen in the very last quarter of 2016.

Big changes for the Russian footwear market

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Thanks to recent reports and various statistics, we can now see that consumer preferences within the Russian footwear market are beginning to change quite drastically.

Growth funding for Keller Sports

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Keller Sports, originally from Munich, has been growing significantly in recent times and this has now led to brand new investment from new and existing investors - initial reports suggest that this will go towards the new bike sports segment.

7 new stores for Hervis in Croatia

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Within the past few years, there has been significant growth for the sports equipment market in Croatia and this has led to an increase in revenue and market position for Hervis.

New Hilton Hotel to open in Budapest in 2018

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Recently, the Hilton brand of hotels has been expanding faster than ever and this has been seen once gain with the announcement of a new facility in Budapest’s city centre.

€33 million in online accounts for Poland

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According to a recent report from the Polish Bank Association (ZBP), there is currently more than €33 million in online bank accounts belonging to Poles.

New venture into Eastern Europe for Deutsche Hospitality

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Over the years, Deutsche Hospitality has built a solid reputation in and around Germany but they have now decided to take their first step in Eastern Europe by opening a hotel in Budapest in 2019.

3% growth projected for Polish economy this year

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According to Mateusz Morawiecki, Deputy Prime Minister, 3% growth is expected for the Polish economy this year. In a statement, he noted “I am very pleased that we are moving in a very positive direction and growth this year (...) will not only exceed 3 percent but it will be very solid and will be based on investment.”

Czech Republic sees support from EIB Group rise in 2016

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In the year of 2016 alone, the Czech Republic received a total of €620 million in equity, loans, and various guarantees from the European Investment Bank Group.

Mid-Sized companies receive support from Ceska Sporitelna and EIB

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Teaming up with the European Investment Bank (EIB), Ceska Sporitelna a.s. (CSAS) has introduced a new program to help develop mid-sized businesses in the Czech Republic.
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