Maxima Grupė, which manages retail chains in Lithuania, Latvia, Estonia, Bulgaria and Poland, took over – Barbora the largest e-commerce company in Lithuania, offering food and other products. The value of the transaction amounted to 1.4 million euros. Maxima Groupė acquired 100% shares of JSC Radas, which had owned 100% […]
Bulgaria
Bulgarian VC fund LAUNCHub Ventures has closed its new €18 million second fund to invest in startups in Bulgaria and Southeast Europe. The existing portfolio companies will benefit as well. The first LAUNCHub fund of €9M was founded in 2012. It was started as pre-seed tickets up to €200,000. Yet, […]
Gemius analysts have just recently published data on the number of Internet users in Central and Eastern European countries and calculated their internet penetration rate (they checked what percentage of the population are Internet users in a given country). There were taken into account European countries, where Gemius conducts Internet […]
Large companies all around the world are facing many issues concerning data storage and cloud management. Big data and the necessity of sharing everything in a cloud is eating away at the companies budget as well as constantly pressuring their security. Bulgarian startup StorPool was launched in 2011, and offers […]