CET Editor

Austrian far-right FPO party wins election

Austria’s far-right Freedom Party (FPO) has won a landmark victory, claiming the largest share of votes and ending 20 years…

5 months ago

MOL inks gas exploration deal in Azerbaijan

Hungary's MOL Group, along with its joint venture partners, has signed commercial agreements to advance the development of significant gas…

5 months ago

Poland set for key budget role, as EU names commissioner-designates

After months of negotiations with EU member states, European Commission (EC) President Ursula von der Leyen revealed the lineup for…

5 months ago

Intel postpones EUR 4bn Polish factory plan

US firm Intel has decided to delay its semiconductor plant project near Wroclaw, west Poland, until 2026 due to the…

5 months ago

CEE think tank envisages ‘pivotal role’ for region

The incoming EU administration should ensure that countries in Central and Eastern Europe (CEE) lever more influence in the bloc,…

5 months ago

Korean firm to build EUR 16bn Czech nuclear plant

South Korea’s Korea Hydro & Nuclear Power (KHNP) will lead Czechia's largest-ever investment project when the Central and Eastern Europe…

5 months ago

Slovakia hikes VAT to among EU’s highest

Slovak Prime Minister Robert Fico on Wednesday, September 18, reversed decades of opposition to tax hikes as his government amended…

5 months ago

Lufthansa mulls AirBaltic purchase – report

Deutsche Lufthansa AG is looking into acquiring a stake in AirBaltic before the Latvian state-owned airline launches an initial public…

6 months ago

Orlen inks deal to secure LNG supplies to Poland, Baltics

Poland’s strategic energy giant PKN Orlen has signed a five-year exclusive deal with Lithuanian energy terminal operator KN Energies to…

6 months ago

CEE braces for further flooding, as Storm Boris wreaks havoc

Polish Prime Minister Donald Tusk declared a state of disaster and confirmed that 1,600 people have been evacuated in Klodzko,…

6 months ago

Saudi Arabia launches new business chamber to focus on CEE

Saudi Arabia has launched a new business council to deepen its economic ties with Central and Eastern Europe (CEE) and…

6 months ago

Rheinmetall to build EUR 180mn factory in Lithuania

Germany’s Rheinmetall will spend more than EUR 180mn on an ammunition manufacturing facility in Lithuania, the Lithuanian Economy and Innovation…

6 months ago

Von der Leyen pledges more EU on Balkans visit

European Commission (EC) President Ursula von der Leyen announced further EU flood recovery funding and reiterated the EU’s commitment to addressing…

6 months ago

Estonia joins CERN

The European Organization for Nuclear Research (CERN) officially welcomed Estonia as its 24th member state on Friday, 30 August. CERN…

6 months ago

Moldovan industrial sector to get EU cash

A total of 59 companies have been awarded non-reimbursable funding totalling some MDL 25mn (EUR 1.3mn) as part of a…

6 months ago

Poland unveils massive transport, energy, defence plans under 2025 budget

Polish Prime Minister Donald Tusk vowed to tackle inflation, drive record economic growth, and bolster key investments in energy and…

6 months ago

AirBaltic to call IPO by year-end

Latvian national airline airBaltic is set to embark on its first-ever initial public offering (IPO) before the end of 2024.…

6 months ago

Hungarian consortium’s purchase of Talgo blocked by Spain on security grounds

The Spanish government has vetoed Hungarian consortium Ganz-MaVag’s attempt to purchase Spanish train manufacturer Talgo, citing national security concerns, local…

6 months ago

Polish companies, consortiums sign up to operate bottle recycling system

The new Polish deposit container-deposit system will launch in the autumn and be operated by eight enterprises, not six as…

6 months ago

South Korea influence grows in CEE defence

As the EU assesses its defence strategies amidst escalating geopolitical tensions, South Korea has emerged as a significant player in…

6 months ago