Germany's Henkel had made plans to increase sales in MENA for the next few years. Henkel, the German cleaning products manufacturer known for brands such as Persil and Schwarzkopf, has laid out plans to boost sales by 40% in emerging markets such as the Middle East.
Tags: Eastern Europe
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.
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.
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.
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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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.
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.
The Adveo Group is studying acquisition prospects in the Latin America and Eastern Europe markets Adveo Group International SA (ADV) announced that they are studying acquisitions to enter the fast growing markets of Eastern Europe and Latin America.
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