Vestbee: VC Investments in CEE Reached €940M in Q2 2024 Despite Market Uncertainties
Vestbee, Europe’s leading platform for startups, VCs, accelerators, and corporates, has just released its VC Funding in the CEE Report for Q2 2024
A Gulf consortium has brought the concession procedure for Sofia Airport to a halt, officials say.
The entity named MAK/ADMAK, which brings together Kuwait-based Mohammed Abdulmohsin Al-Kharafi & Sons and Saudi-based Admak General Contracting Company, has lodged a claim with the Commission for Protection of Competition.
MAK/ADMAK has launched a litigation case against Sofia Airport, arguing the latter has failed to pay compensations.
In 2006, the consortium built a new runway for Sofia Airport, but then reported it had not been paid dozens of millions of USD it was to receive under its contract with the Sofia Airport.
A Paris arbitration ruled in 2011 that Sofia Airport was to pay more than USD 40 M to MAK/ADMAK.
The Bulgarian government announced it was opening a tender for the airport earlier in June.
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Vestbee, Europe’s leading platform for startups, VCs, accelerators, and corporates, has just released its VC Funding in the CEE Report for Q2 2024
In the first half of 2024, Western allies, including Bulgaria, the European Union and the United States, purchased around 2 billion dollars worth of oil products from Turkey that were refined from Russian crude oil
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Approximately 10% of individuals who previously qualified for home loans will no longer be eligible under new regulations set by the Bulgarian National Bank (BNB)
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