Management

Turkey's low-cost carrier Pegasus said Mehmet Tevfik Nane, a former Sabanc? executive, has been appointed as general manager (CEO) of the company as of March 18 in a written statement to the Public Disclosure Platform on Feb. 18. 

Current CEO Sertaç Haybat will continue to serve as a member of the Board of Directors, according to the statement. 

Bulgarian Finance Minister Vladislav Goranov called on making the report on the assets of the insolvent Corporate Commercial Bank (KTB) public.

Goranov has asked the consulting firm Alixpartners Services UK LLP for its consent on disclosing the report which had been conducted by the company.

A website will be launched on Friday to promote advice, practical knowledge and experience about ways to economically empower women.

Gender gap has become a leading issue at the World Economic Forum meetings in Davos, as a report published stated that the deficit between the salaries of men and women could level out after 118 years. 

When machinery and equipment, intermediate goods, raw material, anything that a business requires for its production (i.e. its supply chain) are owned and produced by the same company, it is called 100 percent vertical integration. This means the production and sharing of all values related to the product.  

The Serbian parliament on Monday discussed the government's legislative proposal for public sector employment which envisages that around 9,000 people will be laid off by the end of 2015, most of them in the education, justice and healthcare sectors.

A union representing coastal shipping seamen has called a strike for June 30, charging that certain ferry boat operators are violating collective bargaining agreements.

A global risk map shows countries in the Balkan region have only a low to medium risk of terrorist attacks.

Launched on Wednesday by Aon Risk Solutions, a leading global risk management groups, in partnership with the Risk Advisory Group, the map provides insight for businesses aiming to reduce their exposure to risk.

The Adhocracy exhibition at the Onassis Cultural Centre in Athens is the continuation of the research started for the 1st Istanbul Design Biennial in 2012, curated by Joseph Grima and associate curators Ethel Baraona Pohl, Elian Stefa, and Pelin Tan.

By Dimitra Manifava

Greece?s fish-farming sector is expecting significant developments in the coming months as the deal between Nireus and its creditor banks, the completion of the restructuring process at Selonda and a possible agreement for Dias?s debt restructuring suggest that the sector will only have a future in Greece if that also includes mergers and acquisitions.