CentroWoodKom Sp. z o.o., a subsidiary of Centrozap SA, has received the building permits for investment plots in Kebaniol and Syktyvkar regarding the execution of the zero state in terms of groundworks and territorial development with the value of approximately 10 million Euro. Thus, the Company has started a substantial part of the Komi Project’s execution,...

The Deere & Company Board of Directors has approved an investment plan to establish a manufacturing and parts center in Russia. The project will be located near Moscow, in close proximity to the Domodedovo International Airport. The new site will have the capability to manufacture a broad range of John Deere products, including tractors and harvesting equipment,...

Supported by supplier migration, Eastern Europe has gained ground in the global chocolate market as health concerns eat into the Western European share, according to new research. In a new report on the global confectionery market, Leatherhead Food Research said annual sales of chocolate in Western Europe increased 2.2 per cent in dollar terms between 2004 and...

Poland has relaxed foreign car registration regulations to fulfill a European Commission directive that cuts out the extra technical tests required by the Polish government. From 22 September, it will be possible to register foreign-purchased cars in Poland simply by presenting a certificate of the last dated technical inspection rather than having one done...

The European Bank for Reconstruction and Development (EBRD) has finalised a US$50mn loan to leading Croatian mass grocery retailer (MGR) Konzum. The loan will strengthen the retailer's balance sheet and allow it to push ahead with plans to launch regional stores in Bosnia & Herzegovina, a market it already leads. Owned by diversified Croatian conglomerate...