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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Croatia receives financial support from EU Bank

In 2016, around €530 million worth of loans were made available by the European Investment Bank (E

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Snowbike Festival in Swiss Alps receives Vee Tire Co sponsorship

source own
Taking part in the Swiss Alps recently, Vee Tire Co was one of the main names as a sponsor for the second ever Snowbike Festival.

2030 Winter Olympics on the radar for Polish ski resorts

source own
Along with their Czech counterparts, both Karpacz and Szklarska Poreba in Poland have expressed an interest in hosting the 2030 Winter Olympics according to a local source.

Huge shuffle in distribution for Shimano in South East Europe

source own
Recently, Shimano has been making changes in line with their new strategy and this has been seen once again after the announcement that all service, sales, and marketing activities would be transferred in Cyprus and Greece.

World Games 2017 goes to Wroclaw

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Due to be held between the 20-30th of July, the event for all non-Olympic sports, the World Games, will be held in Wroclaw, Poland.

FDI heading to Poland as they top CEE region

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According to a new report released by the Polish Information and Foreign Investment Agency, the top destination for foreign direct investment (FDI) within the CEE region has been found - Poland.

New online gambling markets for OEG

source own
Recently, Estonia’s Olympic Entertainment Group (OEG) announced that there would soon be a Maltese subsidiary to allow the company to move into the newer online gambling markets.

Messe exhibition centre targeted for EAS 2017

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Every year, the European Attractions Show (EAS) sees some of the leaders from attractions, tourism, leisure, and entertainment come together to show ideas and innovations that have occurred over the past twelve months and this year, Berlin’s Messe Exhibition Centre will be holding the event.

Poland revealed as Europe’s most dynamic fitness market

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In recent years, fitness clubs all across Europe have seen huge increases in popularity. Currently, it is thought that there are over 50 million registered gym and fitness club members and this is a figure that threatens to push 80 million with the next decade.

EBRD financing for women-led businesses in Serbia

source own
In Serbia, it was recently announced that the European Bank for Reconstruction and Development (EBRD) would be investing in women-led businesses and the second phase of this can now be seen with a €5 million loan to UniCredit Bank Serbia.

Legendary bike relaunches thanks to Slovenian manufacturer

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In Slovenia, the Pony is a bike with legendary status for both commuters and casual cyclists. At the time, the model was produced by Rog Bikes and they would be sent all over the globe to consumers.

Croatian city receives support from EBRD

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For Pula, Croatia, there was one key aim for 2017/2018 and that was to grow. However, they needed support and this has now been received in the shape of the European Bank for Reconstruction and Development (EBRD).

New expansion for Schaeffler after making purchase

source own
Recently, there has been a number of rumours surrounding Compact Dynamics GmbH and this all came to a head this week after Schaeffler, German e-bike parts maker, along with Semikron International GmbH, announced that they would be purchasing 51% of their shares

Poland’s Second Marriott to come from the Mera Spa Hotel

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Located in Sopot, a coastal resort, the Mera Spa Hotel has been announced as the new Marriott hotel after a rebranding which will take place in the coming year.

Actions Sports acquired by Grofa

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Currently, Grofa GmbH is one of the largest P&A distributors in Germany and they have now taken a huge step towards its international expansion plan after purchasing Action Sports - a Benelux distributor.

South Korean Lotte Intends to Open $120m Hotel in St Petersburg

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The operator of the South Korean Lotte hotel will open the luxury class hotel in May 2017. The project was estimated $120 million.

The EBRD Adopts New Country Strategy for Georgia

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The directors of European Bank for Reconstruction and Development (EBRD) adopted a new country strategy for Georgia.

MIFA Production Start in New Factory is Imminent

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In the long history of MIFA, a new page was herald by the New Factory.

The EBRD Partners with Credit Europe To Expand Access in Finance for romanian Businesses

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To continue supporting the local small businesses, the (EBRD) European Bank for Reconstruction and Development provides €40 million funding in the three branches of the Credit Europe Bank.

The Beginning for Fifa Museum

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Fifa’s football museum in Zurich planned to push on despite the daunting start to life as a visitor attraction. In 2017, their main target is to double the amount of visitors building up to the World Cup in Russia in 2018.

The Operator of Imaginarium Chain Will Open 50 Toy Stores in Russia

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This year, the Imaginarium of toy stores had increased its proceeds by 22.3% compared to last year.

FC Basel Confirms Novartis as Main Sponsor

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Novartis will be the main sponsor of Swiss soccer champions FC Basel until June 30, 2021.

Outdoorzy to Start Trading on NewConnect

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Outdoorzy will start trading on NewConnect of the Warsaw Stock Exchange. The Polish clothing and sporting equipment distributor will issue 2M shares of series B stock and 2.5M shares of series C stock.

Porsche Continues as European Open’s Title Sponsor

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Car manufacturer Porsche will be the title sponsor of the popular European Tour golf event, European Open, until 2020.

Czech Retail Outlet Owner Invests in Production Facility for Toy Race Cars

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Petr Homolka recently purchased a Plzeň production facility that manufactured toy racing car circuits in communist Czechoslovakia. Mr. Homolka owns toy chain store outlets like Bambule and Sparkys.

Vamed Vitality World Opens 3,600sq m Silent Spa

source own
Vamed Vitality World recently added a separate 3,600sq m silent spa with 160-guest capacity to its Therme Laa location in the Weinviertel area of northern Austria.
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