Southeast Europe / Tech

Romanian private equity fund Morphosis buys stake in IT startup DocProcess

bne IntelliNews September 12, 2019

Investment will allow family owned DocProcess to expand in Romania and in the wider European market.

“Airbnb for boats” GetMyBoat reports surge in Southeast European business

bne IntelliNews September 9, 2019

GetMyBoat, which describes itself as the world’s largest “Airbnb (or Uber) for boats” has seen a dramatic surge in business in Central, Eastern and especially Southeast Europe this summer.

Porsche boosts stake in Croatia’s Rimac to 15.5%

bne IntelliNews September 9, 2019

Porsche is strengthening its existing partnership with Rimac Automobili after it bought a 10% stake in the Croatian electric super sports car maker last year.

German IoT company Aconno enters Croatian market

bne IntelliNews September 6, 2019

Talented IT experts and proximity to European markets drew Aconno to Croatia, despite concerns over bureaucracy, founder says.

Slovenia’s Eligma receives €4mn investment from and Pangea Blockchain Fund

bne IntelliNews September 2, 2019

Investment to fund global expansion for Eligma, which aims to make cryptocurrencies part of daily life and shopping.

Austria’s S&T takes over Moldovan IT company Bass Systems

Iulian Ernst in Bucharest September 2, 2019

Bass Systems won large contracts with the state during the Democratic Party's rule that abruptly came to an end in June.