Business

Latest and greatest business news, reviews, articles and opinions from the startup ecosystem of the Balkans, with a little bit of flavor from the rest of the world.

CEE Fintech Challenge has just launched

Vestbee, online platform that connects global business angels, VC funds and corporates with startups and scaleups from Central & Eastern Europe in cooperation with CEE Business Angels Network has just launched the first online fintech competition in the region, CEE…

Serbian students build a formula racing vehicle

In 1979, at the University of Houston, SAE Mini-Indy was held, the first competition in which students competed in designing and developing racing vehicles. The European competition took place only in 1998. Today it is called Formula Student, it has…

Innovative Slovenia Leads the Way for Emerging Europe

Innovation in Slovenia has increased moderately increased since 2010, enough to put the country amongst the strongest innovators in the EU, together with Austria, Belgium, France, Germany, and Ireland. The news comes from the EU Commission’s European Innovation Scoreboard. Overall,…

Porsche takes a stake in the Croatian technology and sports car company Rimac Automobili

Porsche AG has invested in the technology and electric sports car company Rimac Automobili by taking a minority shareholding of ten percent. The company develops and produces electric vehicle components and manufactures electric super sports cars. As part of its…

Managers Are a Dying Breed. Here’s What You Must Have Instead

The crisis of leadership grows, as companies struggle to adapt to change. We have a rise in part-time workers, the growth of the gig economy, evolution of technology, an increase in virtual teams, and an epidemic of toxic employees, to name…

African Development Bank Launches Coding for Employment Program

Over the last 15 years, the African Development Bank has invested US $1.64 billion in programs to prepare youth for careers in science, technology, and innovation. The African Development Bank (www.AfDB.org), together with partners – The Rockefeller Foundation, Microsoft, and…

Konica Minolta strengthens its position as a full-fledged IT service provider by acquiring Grupo Meridian

Konica Minolta Business Solutions announces the acquisition of Grupo Meridian. The Spanish company is a specialist in providing solutions for information technology, communications, technological consulting, outsourcing, IT security and software development. This makes it a perfect match for strengthening Konica…

President Erdogan says Uber is “finished” in Turkey

Turkish President Recep Tayyip Erdogan has declared during a Ramadan dinner that the ridesharing company Uber is “over” in Turkey and apparently the interior ministry has given “the order”. Uber currently runs under a license that costs much less than taxi plates (about…

Raiffeisen Bank International AG launches “Elevator Ventures”

Today, Raiffeisen Bank International AG (RBI) launched a corporate venture capital (CVC) company called “Elevator Ventures”, which will provide € 25 million in investment capital. Elevator Ventures will focus on strategic direct investments in later-stage fintechs, co-investments with partner investors…

Croatia gives new incentives to citizens for purchasing electric cars

Croatia offers new incentives to its citizens and companies for the purchase of electric vehicles (EV). Over EUR 3,3 million has been allocated for this purpose – EUR 1.62 million for citizens and EUR 1.75 million for companies. The plan…