Central European Times

Central European Times

Romanian PM announces joint business forum with Germany later this month

Romanian PM announces joint business forum with Germany later this month

3 min read Germany, Romania, FDI

Romania’s development and evolution are defined by resilience, sustainability, transparency, equity and efficiency, Romanian Prime Minister Marcel Ciolacu told the Annual Meeting of Romanian Diplomacy last week.  Romania must enter as many foreign markets as possible, Ciolacu said, and he asked Romanian Foreign Minister Luminita Odobescu to initiate a

Polish leaders trade pledges as election nears

Polish leaders trade pledges as election nears

Poland’s leading political parties made election promises on Saturday, 9 September, as the conservative nationalist ruling Law and Justice (PiS) party and the opposition Civic Coalition (KO) held conferences ahead of the national elections on 15 October.   PiS, in power since 2015, is striving to win a third term,

Greece adds another member - and sea - to Three Seas initiative

Greece adds another member - and sea - to Three Seas initiative

2 min read Economy, 3si

The members of the Three Seas Initiative (3SI) will gather for its annual summit, entitled 3SI Investing into a Resilient Tomorrow, Business Forum 2023, on Wednesday and Thursday 6-7 September. The 3SI groups Central and Eastern European (CEE) nations located between the Baltic, Black, and Adriatic seas: Estonia, Latvia, Lithuania,

E-Estonia rakes in tax revenue, ready for revamp

E-Estonia rakes in tax revenue, ready for revamp

3 min read Economy, Estonia, e-estonia

In the first half of 2023, businesses owned by Estonian e-residents contributed EUR 37.7mn in tax revenue, a 57% increase compared to the same period in 2022. The majority of these tax contributions, accounting for 55% or EUR 20.6mn, originated from labor taxes paid by e-resident companies registered

Rheinmetall opens 'Europe's most modern and finest tank factory' in Hungary

Rheinmetall opens 'Europe's most modern and finest tank factory' in Hungary

3 min read Hungary

German munitions company Rheinmetall proclaimed its unit for armoured vehicles as Europe’s most advanced plant when it inaugurated the new factory in Zalaegerszeg, western Hungary, on Friday, 18 August. Amongst other military hardware, the high-tech facility will make the Lynx, the world’s most advanced infantry fighting vehicle (IFV)