Central European Times

Central European Times

Romania mulls Danube HEP plant project with Serbia

Romania mulls Danube HEP plant project with Serbia

1 min read Romania, Serbia, Derdap

Romania’s Energy Ministry confirmed that it may partner with Serbia to build a third hydroelectric power (HEP) plant on the Iron Gates gorge stretch of the River Danube. The ministry was reacting to a report in Radio Free Europe that said the Serbian Energy Ministry had claimed that a

Romanian gov't, chemical industry sign energy-transition letter of intent

Romanian gov't, chemical industry sign energy-transition letter of intent

Romanian Minister of Economy, Entrepreneurship and Tourism Stefan-Radu Oprea and Romanian Chemical Industry Association Romchimica signed a letter of intent regarding joint efforts in the country’s energy transition on Friday, May 17. The document will form the basis of collaboration for the development of initiatives and partnerships between the

Skoda expands Czech rail fleet presence with new order

Skoda expands Czech rail fleet presence with new order

1 min read Czech Republic, Skoda

Skoda Group is to deliver 23 low-floor EMU electric trains to Czechia in a EUR 133mn order that it said will “substantially enhance both service quality and capacity”. RegioJet, the largest private railway carrier in Central and Eastern Europe, will use the trains on suburban and regional services in north

Slovak politicians urge calm after Fico shooting

Slovak politicians urge calm after Fico shooting

3 min read Slovakia, Ukraine, Fico, Russia

Slovakia’s head of state and president-elect jointly called for calm in the wake of the assassination attempt on Slovak Prime Minister Robert Fico on Wednesday 15 May.  Fico was shot five times by Juraj Cintula in Handlova, central Slovakia, on Wednesday, at 2:30 pm, in the highest profile

Romania overtakes Hungary on PPP

Romania overtakes Hungary on PPP

Romanians have been consuming more than Hungarians, Budapest-based business website Portfolio writes, and now it has become clear why: wages were already higher in Romania than in Hungary last year. “Regarding purchasing power parity (PPP), 2023 was the first year when the wages of our eastern neighbour came before us,

IMF report shows CEE catching up on southern European neighbours

IMF report shows CEE catching up on southern European neighbours

Per capita income in Slovenia will surpass that of Italy by 2029 when adjusted for purchasing power (PPP), according to the latest International Monetary Fund (IMF) projections, while Lithuania will draw level and Poland will not be far behind. The shift makes good on promises that the Central and Eastern