Known as EEGF III, the Emerging Europe Growth Fund III will be supporting SMEs over the coming years with a particular focus on Ukraine. In order to provide financing for these companies though, the Fund needed support and this has arrived in the shape of the EBRD who has announced a $30 million investment. With this latest addition, it means the EEGF III has...

Thanks to a recent announcement, we now know that a whopping €7 million will be invested by the ULK Group in order to purchase a lumber sorting and packaging plant; also, an Archangelsk sawmill will be included in the plan with progressive kilns. With an order already being processed with Heinola Sawmill Machinery, the plan is now well under way with a delivery...

Every year, the World Bank publishes a report entitled ‘Doing Business’ which lists countries and why they are doing well economically. For the most part, this prestigious review looks into the difficulties faced when starting a business in specific countries. However, there is general confusion when it comes to the Czech Republic as some reports...

In the coming months, the S7 expressway between Kazimierzowo and Koszwaly will be receiving upgrades in northern Poland thanks to a €270 million loan from the European Investment Bank (EIB). With the loan in place, a 2x2-lane expressway will be constructed which partially uses the existing road and combines it with a new road in Warminsdo-Mazurskie and Pomorskie....

As we head towards the end of another year, companies are now announcing strategies for the coming period but Ilim Group has gone one further by revealing a strategy until 2030 with a business plan to 2020. In this plan, it shows a $2 million investment into product development. Currently, the company has three different production sites in Ust-Ilimsk, Bratsk,...