The National Bank of Serbia Executive Board decided to keep the key policy rate at 8.5%. In keeping the rate unchanged, the Executive Board was guided primarily by the still present uncertainties in the domestic and international environment. Geopolitical tensions … Continued
We have been kindly hosted by His Royal Highness Crown Prince Aleksandar and The Royal Family and supported by Mackov Podrum which provided us with wine for the event. We had a lot SPEA members coming to the event … Continued
In a move designed to boost long-term lending to local businesses and private borrowers in the Western Balkans and Croatia, the European Bank for Reconstruction and Development (EBRD) is extending up to €500 million for on-lending to partner banks. The … Continued
Israeli Embassy in Serbia and the Royal Council for Entrepreneurship, supported by the Serbian Royal family organize “Start Tel Aviv” competition for startup companies in Serbia, which will be held on July 3 at the White Palace in Belgrade. The … Continued
Since later-stage has dominated VC investing, angel and incubators are filling the gaps in the early-stage. Angels and incubators have become more recognized and better understood as a capital source. They command larger pools of capital than ever before and … Continued
2013 was a turning point for venture capital (VC) investment. As economic conditions improved in many markets, increasing levels of liquidity, coupled with strengthening investor confidence and a more positive exit environment, resulted in a slight increase in the global … Continued
Overall investments in European companies remained stable. More than 5,000 companies were backed in 2013, as it was the case in the previous year. Equity investments decreased by 3% to €35.7bn. More than 40% of the companies that received investments … Continued
Deal activity holds up • The PE deal market has started the year rather slowly. However, a strong end to the quarter meant that Q1 closed with 143 deals completed. This compares with the 135 deals completed in the final … Continued
Trade sales continue to offer a viable exit route, in particular for the bigger assets, as the average trade sale value this quarter, at €200m, was the highest since the last quarter of 2012. This is consistent with the findings … Continued
At its meeting yesterday, the NBS Executive Board decided to keep the key policy rate unchanged at 9.5%. The Executive Board stated that y-o-y inflation rate moves around the lower bound of the target tolerance band and that inflationary pressures … Continued