Polish Media Company OV Grupa Expands Portfolio with Majority Stake in Studi
OV Grupa, a Polish media and tech company, has acquired a majority stake in Studi, the owner of Kukbuk and Ładne Bebe, expanding its media portfolio.
Consumer
Swedish Game Studio Redbeet Interactive Generates 200 Million SEK Without New Releases in Three Years
Redbeet Interactive, a Swedish game studio, has generated 200 million SEK in revenue over three years despite not releasing a new game during that period. The company is now focusing on growth through acquisitions.
Swedish Content Creator Launches Thriving E-Commerce Venture, Balancing Business Growth with Personal Wellness
Johan ‘Matgeek’ Hedberg, a former journalist and PR consultant turned food blogger and YouTuber, launched a successful e-commerce venture a year ago. His product has exceeded all expectations, and he discusses the challenges and successes of balancing entrepreneurship with mental health and public relations crises.
Swedish beauty startup Hickap marks record year with 10 million kronor distribution
Hickap, a beauty product startup founded by siblings Wilma and Emil Holmqvist, has closed its books for another record year. The company announced a distribution of ten million kronor to celebrate its success.
Swedish Fashion Brand Twist & Tango Undergoes Ownership Restructure as Founder Acquires Majority Stake
Gertrude Tornvall, former PR chief and creator of the fashion brand, becomes a 50% owner by purchasing the co-founder’s stake.
Polish Startup Natec Launches Ergonomic Jaguar Pro Mouse to Combat Office Work Discomfort
The Natec Jaguar Pro mouse is introduced as a cost-effective solution to enhance office work comfort. The product aims to make hours of computer work significantly more pleasant through ergonomic design.
Swedish Consumer Brand Blue Billie Rescued From Bankruptcy With New Leadership
Blue Billie, a Swedish brand, was rescued from bankruptcy by its founder Daniela Upmark and Linnea Sweijer. Hanna Kallin, former operations director at Reforma, has been appointed as the new CEO to lead the company into a new chapter.
Romanian Fast-Food Chain Dristor Kebap Seeks 2 Million EUR to Fuel Expansion Plan
Dristor Kebap, a Romanian fast-food group, is launching a funding campaign on SeedBlink to raise up to 2 million EUR. The company aims to expand its network to 25 locations by 2030 and targets revenues of 43 million EUR by 2030.
Swedish Fashion Company Lager 157 Reports 70% Profit Surge as Revenue Crosses 1 Billion SEK
Lager 157, a Swedish fashion company founded by Stefan Palm, has reported a 70% increase in profit and revenue exceeding 1 billion SEK.
American Express to Acquire TheFork for $700 Million
American Express has made a proposal to acquire TheFork, a European restaurant booking platform, for $700 million.