CET Editor

Pfizer sues Poland over vaccine deal

US pharmaceutical firm Pfizer has initiated legal proceedings against the Polish government, asserting that it failed to fulfil payment obligations…

1 year ago

Bulgaria last in EU for recycling computers

Bulgaria placed bottom in the EU for recycling disused ICT devices, in a survey conducted in 2022 by EU official…

1 year ago

Hungary may receive billion euros from EU

The European Commission (EC) proposed a shortcut for Hungary to nearly EUR 1bn from its revised national recovery plan on…

1 year ago

Bosnian leader hopeful on EU step by year end

Bosnia and Herzegovina (BiH) intends to fulfil the conditions set by the European Commission (EC) to open accession negotiations before…

1 year ago

‘No new taxes’ as Romania cracks down on evasion

Romania will not levy new taxes next year, Romanian Prime Minister Marcel Ciolacu pledged on Thursday 16 November, with parliamentary…

1 year ago

CEE inflation eases, but V4 still EU outliers

Hungary remained the EU's most inflationary economy with an annual rate of 9.6% in October, an EU statistics office Eurostat report released…

1 year ago

Shake up at strategic Hungary telco 4iG

Hungarian operator 4iG Group revealed a plan to streamline operations and bring in external investors to raise the overall value…

1 year ago

Poland faces ‘IT crisis’ from abroad

The number of ICT industry offers decreased by as much as 43% in the first half of 2023, according to…

1 year ago

MOL to start lithium mining in Hungary

Confirming the preliminary expectations, Hungarian energy giant MOL announced in the summer that it will start mining lithium, local business…

1 year ago

Auto sector slides down large company list – Coface CEE Top 500 study

Automotive and Transport has dropped to third place amongst large companies in CEE, as business sectors of Central and Eastern…

1 year ago

Taiwan FM tours Baltics to deepen ties, despite opposition from China

Taiwanese Foreign Minister Joseph Wu visited Estonia, Lithuania and Latvia from November 6-12, deepening bilateral ties in the Baltics and…

1 year ago

Lithuanian gov’t unveils five-year plan to cement status as fintech leader

Ranked number four in the Global Fintech Index Ranking - and with more than 260 fintech companies and 7,000 professionals…

1 year ago

Moment of truth for Orban – ING’s report on Poland, Czechia, Romania, Hungary

Central and Eastern Europe (CEE) is becoming increasingly diversified, ING Bank writes in a new report on Poland, Czechia, Romania…

1 year ago

VW suspends plan for EV gigafactory in CEE

Volkswagen is putting its plans to construct a new electric vehicle (EV) "gigafactory" in Central and Eastern Europe (CEE) on…

1 year ago

Hungary MOU with Huawei angers US

A memorandum of understanding (MOU) signing between Hungary's 4iG and China’s Huawei, both controversial companies close to their respective governments,…

1 year ago

Von der Leyen vows to double WB economies in decade

The EU will finance Western Balkans (WB) integration reforms to the tune of EUR 6bn, European Commission President Ursula von…

1 year ago

Japanese firm launches CEE’s first sodium-sulfur battery storage system

The groundbreaking 500 kW NAS battery-based energy storage system (ESS) has been successfully put into operation at windows, doors and…

1 year ago

ECB steadies borrowing costs after year of hikes

The European Central Bank (ECB) left interest rates unchanged this week for the first time in over a year. Thursday…

1 year ago

Slovak PM cancels military aid to Ukraine

Incoming Slovak Prime Minister Robert Fico did not waste time to state his positions on the war in Ukraine when…

1 year ago

Revolut passes 10mn CEE customers

Revolut, the digital bank, has achieved a milestone by exceeding 10mn retail customers in the Central and Eastern Europe (CEE)…

1 year ago