Central European Times

Central European Times

New airport to open in Romania this week

New airport to open in Romania this week

Romania will inaugurate its first new airport in over 50 years this week, with the goal of serving over one million customers annually by 2026, local media reported. Aeroportul International Brasov (Brasov-Ghimbav International Airport) will be the country’s third largest, after Henri Coanda near Bucharest, and Cluj-Napoca, west Romania.

Poland EU's best performing economy in Q1

Poland EU's best performing economy in Q1

Poland outstretched all of its EU peers for growth in the first quarter of 2023, the bloc’s official statistics office Eurostat reported in its revised data. In Central and Eastern Europe (CEE) – and Europe as a whole – Poland had the highest growth rate of 3.8%, ahead of Croatia

Russia-EU trade hit by invasion - Eurostat

Russia-EU trade hit by invasion - Eurostat

The EU’s official statistics office Eurostat details the effects of the bloc’s sanctions and trade restrictions regarding Russia in the wake of its invasion of Ukraine on February 24, 2022, in its latest report. Eurostat notes that exports and imports both remain below pre-invasion levels. In terms of

EU youth unemployment lowest since 2009

EU youth unemployment lowest since 2009

Only 4.48 million EU citizens aged 15 to 29 found themselves unemployed last year, according to the latest data from the EU’s official statistics agency Eurostat. This constituted 6.3% of those in that age group, a historic low since 2009, it added. The lowest rate in Central

Electric cars overtake diesel in Romania

Electric cars overtake diesel in Romania

Electric and hybrid cars are gaining ground in Romania, as the segment represented over 20% of all new cars sold in the country in the first four months of 2023, digi24.ro reports, citing data from the Association of Automobile Manufacturers and Importers (APIA). Sales of electric cars have consequently

Polish auto industry posts record numbers

Polish auto industry posts record numbers

2 min read Poland, automotive

The Polish automotive industry grew by over 21.5% last year to hit an all-time high of EUR 39.7bn, Gazeta Wyborcza reported, citing analytics company AutomotiveSuppliers.pl. This is not only the result of an improved economy, but also inflation, the Polish daily wrote. The automotive industry remains a