Category Archives: Business

Telenor Sells Eastern European Division for €2.8 Billion

Norwegian based telecom company Telenor sold its eastern European branch to the Czech based PPF Group for €2.8 billion. The deal is part of Telenor’s efforts to bring its focus to Asia and Scandinavia. Specifically, Telenor is selling its mobile networks in Hungary, Bulgaria, Montenegro and Serbia. They are also unloading a small technology company….

IHG Signs Tenth Hotel in Eastern Europe

Travel to Eastern Europe, for business and pleasure is surging, and along with it growth in the hospitality space. One key player, InterContinental Hotels Group, one of the largest such conglomerates in the world, has forged a partnership with Ghelamco, its tenth such deal in the region. IHG will be opening Crowne Plaza Warsaw Hub,…

Qatar Airways Continuing to Open ME to EE

Promising to further expand its reach into Eastern Europe, Qatar Airways will further expand its network of routes from the Middle East. The airline’s latest move is the introduction of a route from Doha, the capital of Qatar, to Sarajevo, the capital of Bosnia and Herzegovina. It is the company’s fourth route to the area,…