Slovenian consumer electronics retailer Big Bang will take over Serbia online retailer BC Group, according to local media. Big Bang said it will gain key know-how and also will implement “synergies in procurement, logistics and digitalization” of operations, according to Big Bang CEO Uros Mesojedec, as cited by ekapija.com, which itself cited SEE News. BC
The subsidiary of Czech international investment giant PPF Group, Netherlands-based PPF Group NV, agreed to divest a 50% plus one share stake in CEE and SEE assets to Etisalat by e&, for EUR 2.5 bln, according to the company and media reports. Etisalat b e& will pay EUR 2.15 bln, with an additional earnout of
US IT data-processing company Databricks has announced that it will open a development center in Belgrade, Serbia, which will join “existing R&D centers in Amsterdam, Bengaluru, Berlin, San Francisco, and Seattle, playing a pivotal role in the future trajectory of our product and engineering expansion. “ “Serbian engineers have left an indelible mark on the
Ikotek USA, Inc., a leading IoT original design manufacturer (ODM) and electronics manufacturing service (EMS) provider from the USA, publicly announced at the end of July an “expanded presence with the establishment of an office in Belgrade, Serbia, as part of its dedication to global growth.” “We are thrilled to expand our footprint in Serbia,
Russian Yandex will open an office in Belgrade billed as “it’s largest international office” within days, according to Serbian media. The buzz regarding internet technology services company Yandex, which provides a search engine, e-commerce services, e-mail services and which has long focuses on Russia and CIS companies, has been ongoing for more than a year,
International software giant Oracle announced that it has opened a regional “cloud” center in Kragujevac on May 12, with the company noting that the new Oracle Cloud Jovanovac Region will support the increasing cloud computing demands of private and public sector. “Local organizations and public institutions are taking firm steps to establish Serbia as a
It appears that one of the most sought after white collar fugitives in recent history managed to avoid arrest by using a commonly used trick to create a shell company in Central Europe. IT whiz kid and supposed crypto-currency genius Do Kwon, now indicted on eight counts by US authorities for fraud and related charges—and
Despite having avoided anything on the scale of the now infamous FTX debacle, Serbia has not been left untouched by virtual currency controversy, with controversial Terraform Labs co-founder having been allegedly linked to a Serbian based crypto center. Do Kwon, the co-head of Terraform Labs sought by the US, South Korea and Singapore on charges
Network and IT/DNS specialist BlueCat announced Jan. 24 that it opened a customer care and integration development center in Belgrade, geared to support a growing international demand for the company’s network infrastructure and software platform. “Supporting our customers worldwide means being closer to where they are, understanding their unique issues, and being available when they
Listed on-line gaming developer and licenser Golden Matrix Group Inc. (NASDAQCM-GMGI) announced it will acquire Serbian Meridian companies/MeridianBet Group for close to USD 300 mln in early January, with a purchase agreement now in place. The transaction comes to USD 298.5 mln, with the agreement signed Jan. 11, according to marketscreener.com. Brian Goodman, CEO of
