Now that the Eastern European property market is full of investors, South African real estate companies are setting their sights on the Spanish property market. The economy in Spain is robust, especially compared to elsewhere in Europe. With a big boost from increased tourism, Spain’s economy grew by 3.2% in 2016. According to a recent…
Category Archives: Business
Ascendis Buys Romanian Sunwave Pharma
Healthcare conglomerate Ascendis is looking to continue to grow its business by attracting the vibrant eastern European niche markets. The company has grown by leaps and bounds in recent years through several acquisitions announced the latest purchase of Sunwave Pharma and NHP Natural Health Pharma for €42.5m. The maximum deferred payment agreed upon is €23m…
China Establishing €10 billion Fund for Central and Eastern Europe
The Industrial and Commercial Bank of China announced that it has set up a €10 billion ($11.15 billion) investment fund to help finance projects in Central and Eastern Europe. During his visit to Riga last week, Premier Li Keqiang announced that the China-Central Eastern Europe fund will be run by Sino-Cee Financial Holdings Ltd, a…
