CET Editor

Bulgaria’s ITN wants to join ECR party family

Bulgarian populist formation There Is Such a People (ITN) has declared its intention to align with the centre-right European Conservatives…

1 year ago

Hungary firm buys major stake in Auchan

Hungary’s Indotek Group acquired a 47% stake in the French grocery hypermarket chain Auchan last week. Group founder-owner Daniel Jellinek,…

1 year ago

CEE gets EU funds for cross-border 5G

The EU has selected seven projects to co-fund 5G transport corridors connecting regions throughout Europe, improving road, rail, inland waterways,…

1 year ago

Fico calls Ukraine ‘frozen conflict’

Slovak Prime Minister Robert Fico has reiterated his stance that Russia's war with Ukraine is insoluble, stoking fears that he…

1 year ago

Czechia upped to stable rating, after delinking from Russian gas

US rating agency Moody's Investors Service has increased its outlook for Czechia from negative to stable, meaning a rating deterioration…

1 year ago

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