Romanian auto industry rallies to surpass pre-pandemic levels in first nine months
Passenger car production was up 21.2% year-on-year, to 381,971 units, in Romania in the first three quarters of 2022, according to figures...
CE Digital Payments Summit 2022: Digitalization key in volatile economic times
Organized by Mastercard for the second year in a row, the Central Europe (CE) Digital Payments Summit 2022 on 20 October...
Romania rolls out strategy for solar, wind power
The Romanian Energy Ministry has launched a renewable energy tender call worth EUR 457.7mn for projects totalling 950MW capacity, which will...
Forint recovers as Gazprom grants Hungary gas payment deferral
The forint rebounded against both the US dollar and euro late Monday, on news that Russian-state-run energy company Gazprom has agreed...
Pro-NATO PM wins Latvian election, as ethnic-Russian voters shun pro-Kremlin parties
Latvia’s ruling centre-right party Jauna Vienotiba (New Unity) was the clear winner in the country’s general elections at the weekend with...
Forint slumps to all-time lows against euro, dollar
As national currencies shed value across Central and Eastern Europe (CEE) on Thursday, the Hungarian forint fell hardest, to historic lows...
Poland opens Baltic Pipe, as other pipelines wrecked in dramatic day for CEE energy
Polish officials symbolically commissioned the Baltic Pipe natural gas pipeline with Norway on Tuesday, a day that turned out to be...
VW floats idea of CEE exit
German carmaker Volkswagen (VW) may close its plants in Central and Eastern Europe (CEE) if the natural gas shortage persists beyond...
‘The Chinese always have a multi-layered approach’ – CEPA expert Tamas Matura talks China in CEE with CET
Hungarian Sinologist Tamas Matura argued in his recent report for CEPA that China wields little influence in Hungary, despite the Hungarian...
Onsemi invests USD 450mn in semi-conductor foundry in Czechia
Onsemi inaugurated the expansion of its silicon carbide (SiC) semiconductor fabrication plant in Roznov, east Czechia, on Wednesday. The USD 450mn...
Slovenia agrees on EUR 3.26bn funding strategy with European Commission
Slovenia will receive 3.26 billion euros in EU funding via a partnership agreement, the details of which it finalised with the...
EC backs withholding EUR 7.5bn from Hungary
The European Commission (EC) recommended the rescinding of 7.5 billion euros worth of cohesion funds from Hungary on Sunday, unless it...
Polish energy giant PKN Orlen mulls purchase of German refinery
Polish refiner PKN Orlen is considering buying a majority stake in the PCK Schwedt refinery in north-east Germany, which until Friday...
As Ryanair suspends CEE flight routes, Aeroexpress mulls new services
Ryanair CEO Michael O'Leary said his budget airline has no plans to withdraw from Hungary but will cease some services in...
MEPs to vote on rule of law in Hungary, as EC mulls next move on suspended funds
As the September 21 deadline approaches, leaders in Brussels are split on whether to finally unlock billions of euros that have...
Baltic countries to fully ban entry for Russian citizens, while EU plans major restrictions
Lithuania, Latvia and Estonia are finalising coordinated agreements on restricting entry for the Russian citizens with Schengen visas, the three Baltic...
Hungary to call for removal of Russian oligarchs from EU sanctions list – report
Hungary will not agree to the extension of EU sanctions against Russia unless visa bans and asset freezes against three Russian...
V4 countries cast net wide for gas supplies
Czech Prime Minister Petr Fiala will travel to the Netherlands this week to open a new terminal, according to an agreement...
Ukraine, Kosovo, security on agenda at Open Balkan summit
European Commissioner Oliver Varhelyi said the EU’s EUR 29bn investment package for the Western Balkans “has the potential to transform the...
Croatian authorities launch probe into massive gas-resale scam at INA
A total of five individuals including a top Croatian lawyer and an executive at energy firm INA have been charged with...