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Eastern Europe

Gas distribution station

Debate on gas contract secrecy overshadows EU quest for energy union

A push to make gas contracts agreed with countries such as Russia more transparent has pitched Poland against Germany ahead of energy talks among European Union leaders on Thursday.

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Raytheon links with Poland's WB Electronics in missile shield bid

U.S. weapons maker Raytheon has signed a letter of intent with Polish military software producer WB Electronics to cooperate in bidding for a contract to build Poland's planned anti-missile system, Polish state radio said on its website.

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Catchpoint Systems

US web performance monitoring firm Catchpoint to foray into China and Russia

New York, US-based web performance monitoring firm Catchpoint Systems will be foraying into China and Russia, based on the pathway provided by their clients, indicating that Asia Pacific and Russia are the emerging markets in the industry.

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Hackers accessed Target via heating/AC subcontractor

Hackers responsible for the data breach on Target stores over the holiday season gained access using log-on credentials for heating, refrigeration, and air conditioning, according to a post on Krebs on Security written by former Washington Post reporter Brian Krebs.

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OneBreath Inc

Ventureast invests $3M in Indian medical device startup OneBreath

Ventureast Tenet Fund, together with angel investors, invested $3 million for the expansion of Bangalore, India-based medical device maker OneBreath into India, Eastern Europe, and Africa.

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NCC Group

Global Ports completes acquisition of Russian container terminal operator NCC Group

Greek containers and oil products firm Global Ports Investments has closed the acquisition of Russian firm NCC Group to become Eastern Europe's biggest container terminal operator.

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Henkel of Germany seeks EUR10 billion in sales by 2016

Germany's Henkel had made plans to increase sales in MENA for the next few years.

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Uniqa Group Austria

Uniqa set to expand into Eastern Europe

The largest insurance firm of Austria is set to sell off nearly USD 1 billion worth of new shares to fund its Eastern European expansion.

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Raiffeisen Bank International

Raiffeisen Bank International to increase bad debt provisions for 2013

Raiffeisen Bank International had been drubbed by bad debts in its Eastern European business as well as insolvencies and restructuring in its home country of Austria.

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Adveo Group International SA

ADV Studies Acquisition In Eastern Europe and Latin America

The Adveo Group is studying acquisition prospects in the Latin America and Eastern Europe markets

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