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Post Event – The second edition of Prague Gaming Summit brings the event to the next level

Zoltan Tundik

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Prague – 17 April 2018 – The curtains have closed three week for the second edition of Prague Gaming Summit and the organizers are delighted to announce that the growth of the event was noticeable.

The second edition of Prague Gaming Summit was held at Vienna House Prague on the 29th of March and it was a sold out event. The initial plan included seating of 100 top level delegates, however due to the high demand, the event was extended to 120 delegates.

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View the full 2018 gallery here….

The organizing team would once again like to thank the supporting sponsors of the event:

 

The main highlights of the day

The event started smoothly with delegates starting to network straight away and eagerly waiting for the information to be shared by expert speakers. The delegates were greeted by Betty, Tereza and Christina, who handled the smooth registration and made sure everyone has all the information about the program that has commenced at 9:30 AM (Prague local time).

“Prague Gaming Summit is definitely the most important event when it comes to learning and networking with the experts of the industry from Central European countries. NetEnt is always interested in finding partners that comply with local laws and we have dedicated ongoing efforts in order to provide the best solutions in regulated markets. Being among the delegates who also attended the inaugural edition in 2017, I can say that this year’s event has doubled in participant numbers and has taken the event’s experience to the next level.”

Nadiya Attard – Head of New Sales at NetEnt

 

“The 2nd edition of Prague Gaming Summit was really an amazing one. In comparison with the first year there was visible improvement and I hope it will continue next year as well. Perfectly organized, nice place for conference and also good panels to discuss. Always good to be here and meet the right persons from industry. See you next year in Prague”

Vladimir Horak – Business Development Manager at Betgenius

 


The first panel of the event was dedicated for the local market and highlighted the main developments of the Czech Gambling Market. The panel was moderated by Dr. Joerg Hofmann (Melchers Law Germany) who introduced the speakers of the panel. Dr. Hofmann was joined by Jan Rehola (PS Legal), Jakub Kolomicenko (Endorphina), Ivan Sagál (Bird&Bird), Tal Zamstein (Fortuna Group).

Dr. Hofmann started by saying that “30 years ago it was fun to be a regulator, it was fun to be a legislator, because there was no internet. Regulating the gaming industry or supervising the gaming industry was land based only. If something happens, you walk around the corner, you call the police and everything is fine. Than in the 90s, something came up which is now part of our lives. Imagine not having your mobile phone with you or your computer. It is unthinkable how our days are different. There are so many challenges being a regulator today and generations have to learn, have to be ahead of technology, ahead of development.

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He pointed out that regulators have to take into consideration the fast development of internet gaming and create the legislations accordingly.

The panel discussion stressed on legal advice, regulatory advice, supplier perspective and operators perspective about the market in Czechia.

Ivan Sagál (Bird&Bird) has continued with introducing the history of online gambling in Czechia and the new law which has changed the regulatory landscape. He stressed on the fact that the new regulation has brought the online sector into focus which is important for the developments of combating the grey area. The news law also gives a chance for international companies to apply for licenses as the state realized it’s better to liberalize and tax the industry. He also added that the new law is much more modern and captures a much wider scope of services than the previous one by also setting a fair rule.

The new law is an improvement to the old law, but there is still a long way to go until it’s actually we will be able to say that the new law has brought an improvement of the business environment. So far it is an improvement of the regulatory environment.” added Ivan.

Jan Rehola (PS Legal) has added to the discussion and highlighted the fact that the regulation looks good on paper compared to other EU countries and the regulation of online gambling is very complex.

However, when speaking about practice, according to the new law there are 81 licenses which were issued to 41 entities. Meaning that many of these companies own several licenses. When it comes to online, there are 16 licenses from which 8 were issued for online technical games, 3 online sports betting, 3 online lottery and 2 for online live gaming. The concern is that there is only one foreign operator among the licensed companies (PokerStars) and this should change in the future.

Jan also added that he thinks that the issues is “the way how the regulation is interpreted and how the things that are in the regulatory framework are needed to meet by the operators. The licensing procedure is very formal and it’s not substance oriented and for many operators it’s very hard to meet the requirements. There are unique and the operators are not used to having them there. Some of the large operator don’t understand the terms.

Tal Zamstein (Fortuna Group) has added his view about the market. He highlighted the operations of Fortuna in Czechia and also pointed out the fact that as they operate on several regulated markets in Europe, he can make a good comparison.

Tal pointed out the fact that his company is not challenging the law and that it was a bit difficult at the beginning, but once the audience understood the verification of the players it important and the hard days were over.

Later on he added that his feeling about the current regulatory framework is that “the law is very conservative compared to other jurisdictions and he is not predicting any changes or amendments in the upcoming year.”

The technical requirements for the suppliers was commented by Jakub Kolomicenko (Endorphina), who added that “the biggest issue the suppliers are facing is the limitation of the maximum win”.

He also pointed out that in order to comply with this rule, they have to make the game worse and limit the winnings. Amendments and changes are needed in order to make it attractive for foreign operator, not to mention the hardness of the licensing process.

The current legislation, from the supplier’s point of view, is that they are not protecting the players, and they are forcing them work from other jurisdictions.”

The audio recording of the panel is available for the registered delegates, who attended the event.


The discussions continued with the second panel which was also moderated by Dr. Joerg Hofmann, who invited Dr. Robert Skalina (WH Partners), Jaka Repansek (Republis Slovenia), Dr. Mag. Klaus Christian Vögl (Fachgruppe Wien der Freizeit- und Sportbetriebe) and Dr. Simon Planzer (PLANZER LAW) to the stage. The second panel discussion focused on the state of the gambling industry in Slovakia, Slovenia, Switzerland and Austria.

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The discussion was initiated by Dr. Robert Skalina (WH Partners) who gave presentation about the Slovakian gambling market. He pointed out that some positive changes are expected this year in Slovakia. Many companies are reaching out to the government to ask about licensing after the blacklisting of unlicensed operators started.

The interesting compare between the Czech and Slovakian market is while both of them are pretty much close for foreign operators on paper and in practice. The only difference is that the Czech law is complaint with EU law and this a general acceptance. The Slovakian law is not considered compliant with EU laws. This is why the Ministry is preparing a new law or amendment to comply. The question is what the basis will be for this new law.

The discussion continued with Jaka Repansek’s (Republis Slovenia) exciting news about Slovenia who has brought fresh news in regards to the gaming regulation.

It’s about a new amendment which was passed in the government which liberalizes the market with unlimited number of licenses that have some entry criteria. The amendment only tackles the betting sector.

The amendment was vetoed by the Upper Chairman of the Parliament, so the House of Representatives are obligated to pass it again in maximum 30 days.

This is a huge step for the Slovenian market and it might see the end of the monopoly in the country. Most important that it comes during the time of elections.

(The European Gaming Congress which will be held on the 16th of October in Ljubljana is specially designed to also focus on the local market. You can read more about the event here.)

The conversation continued with a report on Austria, by Dr. Mag. Klaus Christian Vögl (Fachgruppe Wien der Freizeit- und Sportbetriebe) who said that he could not recommend applying for a gambling license in Vienna or almost anywhere else in Austria. The demand is high, however the commercial gambling operation laws are so restrictive that you can’t obtain a license.

Dr. Mag. Vögl also added that he receives questions about the market daily, but “To be honest, I must tell people, please forget about this in Austria. Open a sports business, or become a tour guide.

Dr. Simon Planzer (PLANZER LAW) continued the conversation and gave the insights of the Swiss gambling market, which is currently at an important turning point.

He started mentioning the fact that, Switzerland is a country takes pride in modern democracy and according to their laws, any law passed by Parliament can be challenged by the people in collecting signatures against it. This is because the ultimate legislator in Switzerland is not the Parliament, it’s the voters.

He was referencing about the gaming act which was passed in October 2017 by the Swiss Parliament and was challenged by the people. Thus, the coming into force of this act will be decided by referendum on the 10th of June by the voters. Either the results, it will be a vote of major significance for the online gambling market.

The audio recording of the panel is available for the registered delegates, who attended the event.

One of the rare moment where you can discuss about Regulation in Eastern part of Europe.

Catherine CHAUVIN – Area manager at PMU

This event is characterised by a very personal atmosphere. Always worth to attend.

Dr. Joerg Hofmann – Senior Partner MELCHERS law firm and former President of IMGL

 


The event continued with the first networking break of day, during which all delegates engaged into discussions and enjoyed a 30 minutes break from learning.

The 3rd panel of the day focused on the gambling industry in Poland and Bogdan Coman (ROMBET) has managed to get all the insights from Piotr Dynowski (Bird&Bird), Zdenek Lang (Superbet Poland) and Kamil Popiołek (Kancelaria Popiolek).

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The panel discussion highlighted the most important challenges operators are facing when entering the market.

The audio recording of the panel is available for the registered delegates, who attended the event.

Prague Gaming Summit always provides an interesting insight into the gaming licensing submissions, how the situation is now and what to expect for the future. Dynamic, interesting, rewarding and the most important ‘not heavy to digest’ ;). Thanks to all the assistances for the great contributions and of course to Zoltan for the awesome organization and care. Really worth to attend!

Juan Martin – Sales Manager at Greentube Internet Entertainment Solutions GmbH

 


The panel was followed by a Complimentary Networking Lunch which was sponsored by PLANZER LAW.

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All delegates got the chance to take a one hour break from the learning and enjoy a selected meal while also keeping up with the information shared by attending delegates.


The second part of the day started with the “Innovation Talks Live” panel, which focused on the role of cryptocurrency in the gambling industry and was moderated by Konrad Gill (ViARSys & iGamingRadio)

The panel was shared by Tom Light (SBTech), who started with a clear presentation of understanding what the role of Bitcoin is in the online gambling industry and continued with a shared discussion among the panelist, Max Krupyshev(Cubits) and Bernhard Blaha (Herocoin.io & Herosphere.gg).

The very informative panel which highlighted some important aspects of smart contracts and the use of cryptocurrencies in the gambling industry was follow by a short “fire side” discussion between Dan Illiovici (President of the National Gambling Office, Romania) and Dr. Simon Planzer (PLANZER LAW).

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The short panel focused on an important topic, which was titled as “How NOT to do it – Avoiding regulatory failure

Dan Iliovici pointed out that there are many lessons to be learned from national efforts to regulate gaming, in Europe and beyond. All too often, similar mistakes happen along the road. The session pointed out some of the major legislative and regulatory mistakes the regulators often make.


As most of the regulatory related panels have been exhausted, the education continued with a panel dedicated to Conversion and Retention which was titled “From Conversion to Retention – how do you make a successful gaming operation profit

The panel was moderated by Tal Itzhak Ron (Tal Ron, Drihem and Co. Law Firm), who was joined by Quirino Mancini (Tonucci & Partners), Jon Peters (Theomobex), Tal Miller (Fibonatix).

Tal Itzhak Ron (Tal Ron, Drihem and Co. Law Firm) also moderated the “Effective Marketing and Communications in the Sports Betting Industry” panel discussion where he has invited marketing and communication experts Michal Shinitzky (Pangea Localization Services), Assaf Stieglitz (odds1x2.com), Tom Light (SBTech) on stage.

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The panelists emphasized on the fact that it is vital that all marketing campaigns need to be clear, fair and most important optimized with localization.

We had a great time at the Prague Gaming Summit! Not only were the discussions very insightful and informative, the schedule was always on point. There were no delays, they were right on time and the sponsors were at the top of their game. We would definitely consider attending the next one!

Michal Shinitzky – Managing Director at Pangea Localization Services

The agenda continued with the final Networking Break of the day and has finalized with the awaited panel which discussed Responsible Gambling, AML and Gambling Licensing Procedures in the European Union.

The panel was moderated by Pieter Remmers (Assissa), who has unparalleled knowledge of Responsible Gambling implementation and was joined by expert speakers Martin Arendts (ARENDTS ANWÄLTE), Alex Henderson (The Ritz Hotel Casino London), Dan Iliovici(Romanian National Gambling Office – ONJN) and Tom Edmonds (Harris Hagan).

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The discussion pointed out some of the main challenges companies are facing when combating AML and also trying to keep track of their Responsible Gambling Programs.

The event finalized at 18:00 and it was declared and the delegates have managed to gain access to quality content which focused on compliance, marketing and responsible gambling.

However, the program wasn’t over at 18:00 as the delegates were invited to join a final networking session, “The Official Networking Party”.

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The networking party was held at one of the most popular venue Prague has to offer, NEBE Kremencova, where delegates got the chance to engage in a final networking session in a much more relaxed manner. Not to mention, enjoyed some of the finest beer in the world.

 

Prague Gaming Summit 2018 was an excellent event with renowned speakers, interesting content and an impressive number of delegates who represented variety of industry players. There were lots of networking opportunities, both during formal and informal parts of the conference. I am already looking forward to the next year event in which I will surely participate.

Bartosz Andruszaniec – Legal Advisor at RM Legal Kancelaria Radców Prawnych

 

 

The organizing team would like to once again thank each delegate for attending the second edition of Prague Gaming Summit and would also like to let you know that based on the feedback received from the event survey, preparations for Prague Gaming Summit 2019 are already under way.

Make sure you follow the social media channels of Prague Gaming Summit and European Gaming Media to get the latest information about upcoming events and announcements.

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

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CEEGC 2019

BtoBet announced as Digital Sponsor at CEEGC 2019 Budapest

George Miller

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Leading iGaming technology provider BtoBet shows further support for CEEGC Budapest.

The 4th edition of the yearly Central and Eastern European Gaming Conference takes this on the 24th of September at the Ritz-Carlton Budapest, and we are happy to announce the continuing support of BtoBet as Digital Sponsor of the event.

We are blessed to have such amazing support from BtoBet for the past 3 years and we would like to express our gratitude towards the team for making things happen in the gaming industry. BtoBet has come a long way and is among the top providers today. Make sure to attend CEEGC Budapest to meet their team at the conference!” stated Zoltán Tűndik, Co-Founder, Co-Owner and Head of Business at European Gaming Media and Events.

Along with the announcement, we would like to also create a reminder that the Super Early Bird Rate will expire in a few days (30 June) and those interested in attending the event, should act fast to get the discount. Register here!

About BtoBet:
BtoBet is a multinational company and is part of a group with 20 years of experience in software development in IT, telecommunication, e-commerce, and banking, strongly committed to technology and widely investing in technology research and development. The experience gained at the forefront in these advanced environments, compared with the more recent gambling industry, allows BtoBet to be visionary with a deep understanding of the requirements of the market, catching changing trends and anticipating bookmakers’ and operators’ needs. BtoBet is a true partner in technology, offering a standalone platform and services for the iGaming and Sports Betting industry. It counts on a very talented, continuously trained development team and day to day management support to clients. BtoBet allows licensees to be unique in the market, by giving them the opportunity to completely personalize their offers for Sports betting and iGaming business, online mobile, and retail.

Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the CEE and Balkans region via the CEEGC platform which is committed to bringing together industry shareholders and government officials from the region on a yearly base.

Register here or View the Agenda!

Browse the official event website here: www.ceegc.eu

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Blockchain

The Growing Use of Blockchain by Start-ups and SMEs with Alexandra Karpova (Co-Founder & CEO at Millennium Communications) at TCE2019 Prague

George Miller

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The Growing Use of Blockchain by Start-ups and SMEs with Alexandra Karpova (Co-Founder & CEO at Millennium Communications) at TCE2019 Prague
Reading Time: 3 minutes

 

The inception of new technologies has always been cataloged as a disruptor. There has never been such a technology that can carry the ability to disrupt ordinary business practices around the globe. Blockchain technology applications have only recently come to light, but are becoming more relevant and its potential only continues to grow. The wide use of Blockchain has been recorded also in the startup-up and SMEs companies and the booms are yet to come.

There are many ways in which businesses can already use blockchain and they depend on the industry in which they operate. In the real estate industry, there are marketplaces for renting or selling properties on blockchain-based P2P marketplaces. The same goes for the insurance industry, where blockchain-based applications already manage claims. The hype goes on and we can see the use of blockchain-based security applications in the IoT industry.

We must also mention logistics, where companies can tap into blockchain-based platforms that monitor and track freight movement. The list goes on and we are seeing these implementations on a daily base.

Small businesses can get ahead, innovate and build an edge with blockchain transformation by using blockchain-based services as well as creating their own apps on top of blockchain – decentralized apps, or DApps. Finally, businesses can already use smart contracts to regulate and govern relationships and agreements with other entities.

Most importantly, we can see that the biggest way in which blockchain technology is going to revolutionize SMEs is its ability to develop smart contracts.  All thanks to smart contracts, remote and autonomous consensus between two parties can be done through a single click on a self-reliant infrastructure that can help SMEs grow beyond their wildest imagination.

As a decentralized system, there is no need to pay intermediaries and both the enterprise and the consumer save a lot of money. Plus, the fact that blockchains are immutable makes it a lot more secure than traditional systems.

The organizers of PICANTE Tech Conference Europe are putting together a panel discussion that will focus on this revolutionary new trend can positively impact your Start-up/SME and what implications it will have for the future.

The panel discussion will be joined by Alexandra Karpova (Sasha), Co-Founder & CEO at Millennium Communications, who will bring the latest information about the widespread use of Blockchain.

About Alexandra Karpova

Alexandra is the CEO of Crypto PR Lab, the top blockchain and cryptocurrency public relations firm. She has eight years of experience in leadership roles in blockchain, finance, real estate, luxury concierge management, and marketing in New York. She managed a real-estate rental agency as well as founded Millennium Communications. She worked for top brands Morgan Stanley, CITI, Douglas Elliman Real Estate and luxury concierge LVH Global. Alexandra brings her knowledge of business and an extensive network of high-net-worth individuals eager to invest in new projects to Millenium Communications. She holds a bachelor’s degree in finance and economics from Baruch College, NY.

PICANTE Tech Conference Europe is designed to bring both people and knowledge together and provides the excellent ecosystem of networking and learning opportunities without interruptions with emphasis on comfort and communication. After learning from genuine world-class experts and wayseers, meeting achievers shaping the B2B ecosystem, all attendees will get the chance to grab a drink and relax while networking at the evening social gathering.

REGISTER HERE or BROWSE THE AGENDA/PROGRAM!

Seats are limited (Super Early Bird Rate – valid through 30th of June)

About PICANTE Media and Events

PICANTE.today is a news publishing website which digests/hand picks the latest news about technology, entertainment, lifestyle, finance and politics and serves them to their readers and subscribers daily.

As a responsible learning source, the team at PICANTE Media and Events are committed to 3 main principles:

Trusted and Reliable Reporting & Publishing

The articles and press releases on their website are all published from verified sources.

NO Psychological and Emotional Manipulation

The editorial team and marketing team do not aim to produce emotional manipulation and always stay away from news, press release and articles that produce fear, anxiety, racism or show any sort of cruelty towards animals and humankind.

NO Fake News

PICANTE.today ensures readers will never find any “directed” lies on the news portal as the team has taken an anti-fake news standing point from their inception.

For more details, visit www.picante.today

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CEEGC 2019

Bulgarian gambling industry becoming more and more interesting for international companies

Zoltan Tundik

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Reading Time: 3 minutes

 

EGT Interactive Legal Counsel / Compliance Manager to share industry insight about the Bulgarian market at CEEGC 2019 Budapest.

Recent headlines in the gambling industry media outlets have reported that the Bulgarian Ministry of Finance has appointed Alexander Georgiev as the new Head of Bulgaria’s State Gambling Commission, however, there has been quite a few movements in the region that need mentioning.

The former head, Maria Filipova, is appointed as the deputy chairman of the Financial Supervision Commission (FSC) and is now in charge of the Investment Activity Supervision Division.

The naming of the new and now former Head of Bulgaria’s State Gambling Commission comes after the dismissal of Ohnemir Mitev, who was accused by media publications in regards to the commissions’ inaction against the aggressive advertising of gambling on national televisions.

Besides the shifts in the state-wide industry management, there have been quite a few large names mentioned that have entered the market or established strategic offices.

Kambi Group plc is now powering the international sports betting expansion of Bulgaria’s National Lottery JSC after the two companies strengthened their partnership by signing an extended sportsbook agreement.

The new deal which is already in effect enables Kambi to continue to provide its Sportsbook and managed services to the National Lottery JSC’s 7777.bg brand in Bulgaria and in addition, support the operator’s planned entry into Moldova this summer.

Scientific Games has also successfully launched the first in a series of online slot games with National Lottery Bulgaria and within 24 hours following the initial launch of nine player-favorite digital games, the games generated over a half million Euros in sales.

Scientific Games’ partnership with National Lottery Bulgaria builds on the Company’s presence in regulated European gaming markets, where it is reaching new players with a portfolio of immersive online games. The launch in Bulgaria included globally renowned favorites like 88 Fortunes®, Giant’s Gold®, and Rainbow Riches™. Scientific Games plans to launch more titles with National Lottery Bulgaria in 2019 to entertain a broader audience and drive player engagement.

Microgaming, one of the industry’s leading software providers, is also now live with National Lottery AD to provide its award-winning poker platform in Bulgaria.

The major poker deal, signed through Prima Networks Limited, marks the first time that Microgaming’s poker network has been made available in the Bulgarian market. The move is in line with Microgaming’s strategic goal of continuing to expand its presence in key regulated markets.

All these movements are recorded on the supplier side, however, when we examine the operators’ side, it is a totally different story. However, this doesn’t mean that the industry isn’t booming at the moment in Bulgaria.

The Bulgarian Trade Association of Manufacturers and Operators in the Gaming Industry’s (BTAMOI) has reported in at the end of 2018 that the country’s online gaming revenues showed a growth in the last financial year. The industry paid €57 million in taxes to the government, which corresponds to a 17 percent rise year on year. BTAMOI said in a press release: “For the period 2017/2018 the gaming industry in Bulgaria has shown very good results at a national level, based on the country’s upward economic performance.”

The online gambling segment in Bulgaria represents about 10 percent of the country’s total gambling market. The segment posted revenue of €89 million in the nine months to September 30, a spike of 30 percent compared to the figure same time last year.

At the 4th edition of the yearly Central and Eastern European Gaming Conference, which takes place on the 24th of September at the Ritz-Carlton Budapest, Georgi Dimitrov, Legal Counsel / Compliance Manager at EGT Interactive will join the “Regulated Central and Eastern European jurisdictions” compliance panel discussion and share the latest insights on the subject and how Bulgaria can be a good opportunity for operators to expand in regulated markets.

About Georgi Dimitrov

Georgi Dimitrov is a legal counsel at EGT Interactive Ltd., with a focus on legal, regulatory and technical compliance matters related to the iGaming industry. He specializes in international gambling regulation and provides guidance on licensing and certification frameworks, policy drafting, and compliance processes. His line of work involves communication with local stakeholders in the business such as testing labs, regulators and operators. He has background in company structuring, M&A, business and corporate development and extensive expertise in competition law. As a lawyer, he has advised the Bulgarian operations of large-scale corporate clients and public authorities.

Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the CEE and Balkans region via the CEEGC platform which is committed to bringing together industry shareholders and government officials from the region on a yearly base.

Register here or View the Agenda!

Browse the official event website here: www.ceegc.eu

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