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Montenegro may become an oil and gas producing country
Vedran ObućinaMontenegro starts with research to determine whether it has enough resources to achieve a commercial use of oil and gas. Convoy of seismic exploration ships arrived on Montenegrin territorial waters, including the largest...
Turkish stream and Europe
Filip BrokešOn November 19th, 2018, Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan marked the completion of the offshore phase of a gas pipeline linking the two nations from underneath the Black Sea.
Croatian companies plan more than 60 M&A transactions
Vedran ObućinaThe total value of planned M&A transactions may reach more than EUR1.6bn. In 2017, global value of M&A transactions was USD3.5 trillion, 167 times higher than all companies on the Zagreb Stock Exchange.
Romanian gas problems
Vedran ObućinaThe development of the huge gas field in the Romanian part of the Black Sea could be halted due to the new legislation that angered the major oil&gas companies.
Albania in CEFTA
Jan MuśIntraCEFTA trade of Albania reflects a relatively strong economic ties with the neighbors, although it constitutes only a small part of overall foreign exchange of this country.
Good tourist season in Croatia
Vedran ObućinaIn 2017, the contribution of tourism to Croatian GDP increased by 0,7 per cent y/y to 19,6 per cent. Croatia earned EUR1.3bn in revenues from foreign tourist, which meant an increase of 10 per cent y/y.
The breakdown of Croatian biggest shipyards
Vedran ObućinaThis year the Croatian government planned a state budget with a deficit of HRK2bn but the fact that it had a surplus of HRK1.6bn in H1 suggests that it may have a surplus by the year-end.
Croatian wine industry becomes stronger
Vedran ObućinaCroatia is an important wine producer and it tries to perfect its wine products for decades. In 2017, wine production had revenues of HRK503.9m (EUR68.1m), but the total production is decreasing.
Hungary looks to Moscow as it mulls gas options
Jo HarperThe Hungarian government wants to diversify the sources of natural gas imports, with Polish and Croatia terminals supplying the US and Qatari LNG. But its main focus remains Russian gas, as the Turskstream pipeline makes...
Montenegrin businessmen are not happy with new regulations
Vedran ObućinaThe GDP of Montenegro in the Q2’18 grew 4.9 per cent y/y, following a 4.5 per cent growth in the previous period. It was the strongest pace of expansion since the three months to June of 2017.