Romanian telecom group Digi issues €800mn bonds to refinance its debt

Iulian Ernst in Bucharest January 28, 2020

Digi has already initiated total repayment of its €550mn bonds maturing in 2023, and aims to repay two other loans in advance.

US government files official protest against the Czech digital tax

Nelly Tomcikova in Prague January 28, 2020

The Czech Republic could face counter-measures by the US if it introduces the tax that will affect internet giants like Facebook, Google and Amazon, a US diplomat has warned.

Czech Republic most innovative among V4 countries

bne IntelliNews January 23, 2020

The Czech Republic improved its position in the 2020 Bloomberg Innovation Index ranking to 24th place, becoming the most innovative country among the Visegrad Four countries.

Osijek to become Croatia’s first 5G city

bne IntelliNews January 23, 2020

Osijek will become the first major city in Croatia to build a 5G network by the end of this year, and the investment is expected to have economic benefits for the eastern part of the country.

US likely to bristle at new Iran plan to put satellite in orbit

bne IntelliNews January 23, 2020

Washington accuses Iranians of using space rocket programme as cover for efforts aimed at developing nuclear payload missiles. Islamic Republic’s last launch effort ended in space centre explosion.

Hydrogen-powered drone being developed in Hungary

Tamas Szilagyi in Budapest January 22, 2020

What is being touted as the world’s first hydrogen fuel cell-powered aircraft that could be made suitable for carrying passengers has been unveiled at Jakabszállás airport in central Hungary.

Istanbul-listed Aselsan, Kron and Logo take awards in Deloitte Technology Fast 50 ranking

Akin Nazli in Belgrade January 20, 2020

37 of 50 ranked companies were active in software sector.

SK Innovation planning to boost EV battery production capacity in Hungary

bne IntelliNews January 13, 2020

Capacity of SK Innovation's second Hungary factory to be raised to 16 Gwh equivalent to meet soaring demand from European carmakers.

Russia's Yandex internet major could start virtual mobile operator

bne IntelliNews January 10, 2020

Russia's most valuable digital company Yandex is considering launching its own mobile virtual network operator (MVNO), Kommersant daily reported on January 9 citing unnamed market sources.

Russian messenger service Telegram warns consumers not to be scammed by offers to buy the Gram token now

bne IntelliNews January 7, 2020

Fake websites have been offering "presale" of the Gram cryptocurrency that will run on the highly anticipated TON blockchain platform Telegram is in the middle of building.

Turnover of Czech e-shops increased to a record CZK161bn in 2019

Nelly Tomcikova in Prague January 6, 2020

The Czechs spent a record CZK161bn (€6.3bn) for goods bought in e-shops in 2019, up by 15% year-on-year, based on data published by Shoptet company which runs almost half of Czech e-market

Romanian telecom group RCS&RDS reportedly plans €1bn bond issues in 2020

Iulian Ernst in Bucharest January 6, 2020

The company has financed its sharp expansion over the last few years by aggressive borrowing. It is now eyeing the mobile telecommunication operations of Deutsche Telekom in Romania.

Burger King starts accepting Bitcoin Cash payments in Slovenia

bne IntelliNews January 4, 2020

Cryptocurrencies have gained popularity in Slovenia over the last few years with more than 300 shops and merchants now accepting payments in Bitcoin Cash.