Zalando Continues Growth Focused on the European Market
Zalando Continues Growth Focused on the European Market

At the beginning of 2025, Zalando changed its approach and announced that they are developing a strategy to build a leading pan-European e-commerce ecosystem for fashion and lifestyle around two growth vectors: Business-to-Consumer (B2C) and Business-to-Business (B2B).

# TOP NEWS
# Business news
AMD Reports Lower Revenue and Profits in 2Q23
AMD Reports Lower Revenue and Profits in 2Q23

AMD announced revenue for the second quarter of 2023 of $5.4 billion, a gross margin of 46%, an operating loss of $20 million, a net income of $27 million, and diluted earnings per share of $0.02.

# Telecommunications
United Group agrees to sell SBB Serbia, as well as Net TV Plus business and its sports broadcasting rights for Western Balkans for €1.5bn
United Group agrees to sell SBB Serbia, as well as Net TV Plus business and its sports broadcasting rights for Western Balkans for €1.5bn

United Group B.V., the leading telecommunications and media provider in Southeastern Europe, majority owned by BC Partners, announces that it has reached an agreement to sell SBB doo Belgrade, a leading alternative pay TV, broadband internet and fixed telephone services provider in Serbia, to e& PPF Telecom Group BV (“e& PPF Telecom”). The Group has also agreed to sell Eon TV International Ltd (the holding company of the NetTV Plus business) and its sports broadcasting rights forthe Western Balkans (Bosnia and Herzegovina, Montenegro, North Macedonia and Serbia) to Telekom Srbija a.d. Beograd (“TS”).

# ICT solutions
HT and Faculty of Science Install Seismic Wave Detection Instrument
HT and Faculty of Science Install Seismic Wave Detection Instrument

As part of the strategic City Changer project, launched early last year, Hrvatski Telekom, in collaboration with Dubrovnik-Neretva County and the Faculty of Science in Zagreb, deployed a distributed acoustic sensing (DAS) instrument along a 17-kilometer fiber optic route from Gruda to Vitaljina.

# In other news