Economy of Germany

Economy Minister Emil Karanikolov declined to comment on the postponement of the decision by the German automotive giant Volkswagen on where they will build their new plant in the Balkans.

The first load of Kri-Kri ice cream is leaving for Canada next week, after the listed dairy firm also sent a similar shipment to China a few days ago, providing a major boost to the Serres-based company's exports.

Kri-Kri also expects a further increase in turnover through its ongoing cooperation with the Lidl Hellas supermarket chain in the yogurt category.

Greece's biggest telecoms operator OTE posted a 0.9 percent drop in first-quarter core profit on Thursday as weakness in Romania outweighed growth in its home market.

A memorandum of understanding was signed on Tuesday in Belgrade by the Serbian Ministry of Economy and MTU Aero Engines AG, which will make this high-tech investment in Serbia

The German-Hellenic Chamber of Commerce & Industry, BASF Hellas and Piraeus Bank present the Wine & Currant Marketing Forum, taking place on Thursday at the Domotel Kastri Hotel.

Amid many rumors over recent months, it has been reported that German automotive giant Volkswagen (VW) will decide where to build its new plant at the end of November, with Turkey and Bulgaria standing out as the two strongest candidates for the company to invest in.

With the trial of dozens implicated in the long-running Siemens cash-for-contracts scandal gradually coming to an end, a prosecutor on Monday claimed that the equivalent of 35 million euros in illicit payments were made to secure state deals.

The management of Deutsche Telekom-owned OTE is considering the creation of subsidiaries that will undertake specific work and lead to an increase in the group's value.

The Kaufland Bulgaria chain opened its first hypermarket in Veliko Tarnovo. With an investment of nearly 25 million leva, an assortment of over 17,000 products and a local team of more than 100 people this is the most modern store of the company all over the country.

The Bulgarian entrepreneur Spas Rusev has confirmed he is in talks to buy Telekom Romania.

Speaking to Capital, he added that because of the size of the possible transaction he is undertaking it with a partner.

Furthermore, he will at a future date also enter into talks to buy the Macedonian incumbent.