Mehiläinen expands across SE Europe with key acquisitions

Mehiläinen, Finland’s leading healthcare and social care provider, is significantly expanding its footprint in Southeast Europe through the strategic acquisitions of Regina Maria in Romania and MediGroup in Serbia. These acquisitions mark a major step in Mehiläinen’s international growth strategy, solidifying its presence in the region’s rapidly developing healthcare markets. Regina Maria, a prominent private healthcare company in Romania, boasts 11,000 professionals

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myPOS expands footprint with acquisition of UK’s UTP Group

In a strategic move to bolster its support for small and medium-sized enterprises (SMEs), Bulgarian-founded fintech company myPOS has announced the acquisition of UTP Group Ltd , a prominent UK-based payment solutions provider. This acquisition underscores myPOS’s commitment to delivering cutting-edge financial tools and services tailored to the needs of SMEs not only in the UK but across Europe. While the financial

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PPC Group to invest €10bn in Green Energy by 2027 in SEE

Greece’s PPC Group has announced a bold investment of over €10 billion by 2027, primarily targeting green energy, network modernization, and technological innovation. The company plans to develop 6.3 GW of renewable energy capacity across Greece and Southeastern Europe, aiming for a total installed renewable capacity of 11.8 GW by 2027. In line with its sustainability strategy, PPC is set to phase

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Komiža’s New Era: Pomgrad to Build State-of-the-Art Fishing Port

Komiža, a town steeped in maritime history on Croatia’s Vis island, is set for a significant transformation. Civil engineering company Pomgrad, a leading force in the Adriatic construction sector, has been awarded the contract to build a brand-new, €14 million ($15 million) fishing port. The Split port authority, which has prioritized this project as a key part of its strategic vision, made

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Croatia’s leading tourism company Valamar Riviera surges forward

Zagreb-listed Valamar Riviera has reported a stellar performance in 2024, demonstrating significant progress towards its ambitious 2026 business strategy. The company achieved double-digit growth in both revenue and operating profit, solidifying its position as a leader in Croatian tourism. In 2024, revenue soared by 12% to EUR 417 million, while operating profit reached EUR 121 million, a 10% increase. This impressive growth

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Greek telecom giant OTE’s strategic investments drive earnings growth

OTE Group, Greece’s leading telecommunications provider, announced a 1% increase in adjusted core earnings for the fourth quarter of 2024, driven by robust growth in its Greek mobile operations and effective cost management. Adjusted EBITDA reached €344.5 million, up from €341.1 million in the previous year. The group’s strategic focus on network expansion is evident in its ambitious goal of connecting 2.1

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Greece’s THEON sees 92% revenue jump in 9M 2024 to €222.6 million

Athens-based THEON, a world-renowned manufacturer of Advanced Optronics, Night Vision and Thermal Imaging Systems, continued to deliver on growth and profitability in the 9-months ended September 2024. Order intake grew 47.4% vs 9-month 2023 to €121.0 million with significant new orders anticipated over the next few months. Soft backlog of €400 million providing good visibility for the current year and already covering

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