In December 2018, an additional funding of EUR 10m was contracted to support Youth Employment lending in the Western Balkans Beneficiaries Economies (“WB EDIF GF Youth Employment”), which could provide up to EUR 85m of loans to SMEs.
Elite Travel Group is located in Elbasan, Albania 45km from Tirana. The travel company started small in 2000 and grew bigger diversifying its portfolio to include seven business lines, thus keeping up with changing trends in the marketplace.
Alu-point is a company that specialises in the production and export of aluminium windows, based in Sarajevo, Bosnia and Herzegovina and founded by Taib Hido.
By Stasha Igrutinovic
Nestled in the mountain ranges of Korca, Albania, Fix Pro is a fast-growing producer of over 70 different types of meat products, and a true keeper of Albanian traditional delicacies.
By Stasha Igrutinovic
The coronavirus outbreak forced many schools in Montenegro to close their grounds in an effort to curb infection rates. This sudden shift left many in the dark as to how to continue their education without an adequate digital infrastructure to support distance learning. But Amplitudo, a rising ICT leader and problem solver in Podgorica, was quick to find a solution.
By Pedja Predin
WorkPuls was launched in 2016 as an automated time tracking and employee monitoring software. At the time of ENIF’s first investment in 2016, the company had just started to generate some early revenue. It was founded by Ivan Petrovic, a young and talented entrepreneur who tackled time tracking as a problem that he identified and was experiencing himself.
New edition of the WB EDIF Annual Report is available.
Here it is – the online-publication on Private Equity/Venture Capital Training preparedness for SMEs: “Can Private Equity or Venture Capital Work for You”, released by the World Bank. This guide is targeted at SME owners and managers of SMEs in the Western Balkans who are interested in developing their businesses and are considering whether venture capital (VC) and private equity (PE) could be an option. Read more
The Vukovic Medical Group was founded in 2017 with the aim of setting up a hospital and expanding the range of healthcare services offered by Poliklinika Vukovic (established in 2007). Today, the Group offers services in more than 25 specialised medical fields.
