Mercury Retail Group, the owner of Russia's Red & White and Bristol food chains, is focusing on its ultra-convenience store format as it continues expansion of what is already Russia's third-largest store-network by sales.
It is still not clear when coal will stop being the staple fuel of the Polish economy and whether future growth will be powered by renewables only or also by nuclear energy.
Ukraine’s banks have emerged from the 2020 coronacrisis healthy and in profit thanks to the clean-up of the banking sector in recent years and the recovery of the economy.
Online vendors of goods got a pandemic boost in Bulgaria, but when the lockdowns were lifted, many people simply went back to the shops.
In countries like Montenegro, more and more tourists have decided to venture inland and swap the comfort of seaside hotel beds for old wooden huts, also known as “katuns”, used in the past by nomadic herders, writes the EBRD.
Two new papers find that Georgia and Azerbaijan would gain more from improving trade with their neighbours than pursing a place on the Belt and Road.
Russia has been accused of cutting gas supplies to Europe to force the EU to certify its new Nord Stream 2 pipeline, but most of the record-breaking prices can be explained by steep V-shaped market forces and ageing fields and pipelines.
Russia’s retailed equity boom is gathering momentum and it is, like elsewhere, increasingly being driven by social media, according to a survey carried out by VTB Capital called “To the moon: Scoring social stock sentiment."
What Chinese President Xi Jinping’s commitment not to back new coal-fired power plants abroad means for Bosnia and Serbia’s plans to invest into more coal power capacity.
Geneticists say the popular vegetable was first domesticated in the region.
Villagers endure loss of livestock that wander across new frontier and frustration of knowing that reaching the rest of their country by road means crossing into Azerbaijan.
The massive release of “kompromat” focused on the country’s powerful church but also provided evidence of state snooping on journalists, politicians and diplomats.
Iran's economy is under pressure from US sanctions, but is not nearly as sick as US reports would make you think.
Russia Duma elections are underway but the election is not about re-electing the ruling United Russia Party but more to ensure that jailed anti-corruption activist and opposition politician Alexei Navalny’s smart voting project is a total failure.
Once a key economic driver, the sector has been hard hit by COVID-19 and political turbulence.
Russia goes to the polls this weekend to vote in a new Duma. There is little doubt that the ruling United Russia will win a majority. The elections are fixed. But in many regions the elections are fair and those are the smart voting targets.
Russia is going through a retail investment revolution. Plunging interest rates at bank deposits – long the favoured store of wealth for the average person – have led to a boom in Russians investing into equities.
Serbia was one of the best performers in the entire emerging Europe region in 2020 and is now on track for rapid growth this year.
Million Moments chairman says his protest movement is ready to take centre stage again as Prime Minister Andrej Babis chases re-election next month.
Europe’s largest retail market may see sales from small local shops offering low-price basic items more than double over the next five years. Russia's new "ultra-convenience" stores are the next big thing in retail.