Investment

CVC Capital Partners, known in Greece mainly due to its acquisition of the Hygeia and Metropolitan hospitals, has announced that its subsidiary CVC Capital VII has agreed to acquire the activities of D-Marin, a company serving yachts in the Mediterranean and the United Arab Emirates, from Turkish group Dogus. That means CVC is now a partner of Lamda Development.

A World Bank report released late on Jan. 8 projected the Turkish economy would grow 3 percent in 2020 and 4 percent in 2021, rebounding from earlier financial turmoil at a faster pace than expected as domestic demand improves.

The bank revised its previous forecast that Turkey would contract 1 percent in June 2019 to 0 percent in its latest Global Economic Prospects report.

The Greek startups ecosystem saw just one corporate acquisition this year, from two in 2018, according to a report by Found.ation.

Online radio station manager Radiojar was bought out in March by US company iHeartMedia.

On the contrary in the years 2016 and 2017 a total of 10 startups had been acquired, such as Beat (Taxibeat), Quizdom and Innoetics.

Preliminary indicators show Turkey has entered a strong rebalancing period, the country's finance and treasury minister said on Nov. 8.

As one of the MEPs who worked most actively on the creation and distribution of the European Fund for Strategic Investments under the Juncker Plan, I am proud that Bulgaria ranks fourth in the European Union in terms of attracted investment in terms of gross domestic product.

A bourse filing by Eurobank late on Wednesday may well mark the end of a five-year period during which foreign investors' attitude toward Greece was one of uncertainty and major foreign institutional portfolios abstained from Greek transactions.

Global growth is projected to slow down further in the next few months, affecting Greece and the rest of the eurozone, warn analysts at Pimco, one of the world's leading investment funds.

Institutional investors from international investment groups and business group representatives were presented with a full picture of the country's investment map by government ministers and deputies, during a Foreign Direct Investments Roundtable organized by the Delphi Economic Forum on Friday.

Blackstone Real Estate Partners Europe, a unit of US private equity firm Blackstone Group, agreed to buy five hotels in Greece from Louis Group in a deal valued at 178.6 million euros (197 million dollars), the firm said on Friday. 

Greece has seen an upsurge in tourism in recent years. A record number of about 33 million visited year. 

Bulgaria is fourth in the ranking of EU countries attracting financing under the Juncker Investment Plan, BNR reported.