Wizz vs Ryanair: which budget airline rules CEE?

Wizz Air will serve 31% more passengers than Ryanair in Central and Eastern Europe (CEE) and the Caucuses this winter, according…

Orlen moves into Hungary, MOL into Poland, in CEE gas market reshuffle

Orlen Unipetrol, owned by Poland's leading energy company PKN Orlen, will take over 143 petrol stations in Hungary and 39 in…

• Lithuania

VC financing of Lithuanian fintech quadruples – FT special report

Venture capital (VC) financiers invested EUR 71mn in Lithuanian fintechs in 2021, up from EUR 18mn in 2020, according to The…

• Hungary

Estonia tops tax competitiveness index

For the ninth consecutive year, Estonia has the best tax regime of the Organisation for Economic Cooperation and Development (OECD) countries, according…

Venture capital investment in CEE doubled in two years – report

Central and Eastern Europe (CEE) is one of the fastest growing regions in Europe by enterprise value and has grown…

Gov’t interventions see Poland, Slovenia, Hungary buck H1 electricity bills trend

Household electricity prices rose year-on-year in the first half of 2022, from EUR 22 per to EUR 25.30 per 100…

Taiwan invests in CEE, as Lithuania opens trade office in Taipei

The tensions around the burgeoning relations between Taiwan and Central and Eastern Europe (CEE) will be on the agenda when…

Latvia, Estonia choose location for giant wind farm

Estonia's Sõrve peninsula area looks set to be the location for the major Estonian-Latvian hybrid offshore wind farm project ‘Elwind’,…

• Baltic countries

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…

• Economy

‘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…