More than 40 teams from Romania, Bulgaria, the Republic of Moldova, Ukraine, Serbia and Hungary have signed up for Startup Reaktor, an internationalization program through which they have access to pre-seed investments and the opportunity to expand into Western Europe and Scandinavia, the representatives of the program said in a statement.
Bulgaria’s venture capital firm Eleven Ventures, focused on pre-seed and seed investments in Southeastern Europe, has launched the second edition of Eleven Alpha, a three-month program addressing entrepreneurs taking the first steps in developing their own businesses.
eMAG has appointed Mircea Tomescu to the position of Chief Marketing Officer for Romania, Hungary, and Bulgaria.