Teltonika drops EUR 3.5bn ‘dream’ project in Vilnius
Teltonika has announced it is halting the construction of its EUR 3.5bn High-Tech Hill park in Vilnius over delays in securing...
Business
Hungary’s energy strategy has left it vulnerable to electricity price speculators – report
Hungary’s electricity market has become a focal point for speculative trading, driven by a combination of renewable energy imbalances and the...
CEE mulls ramifications of Trump’s victory on trade, defence, environment
As Donald Trump officially declared his victory in the US election, he received congratulations from numerous Central and Eastern Europe (CEE)...
‘Budapest Declaration’ signed as Orban hosts EU summit
European leaders committed to developing a defence industry base and enhancing EU competitiveness at an informal European Council summit in the...
EU, South Korea expand security, defence links
The EU and the Republic of Korea formalised a comprehensive Security and Defence Partnership in Seoul, on Monday, 4 November, days...
PKN Orlen CEE’s top firm on Coface 500 list
Poland is the dominant country in the Central and Eastern Europe (CEE) business landscape, with 184 companies listed among the region's...
Estonia dominates top-30 regional startup list
A new list spotlighting the fastest-growing startups in Central and Eastern Europe (CEE) shows Estonia as the clear leader in the...
Globsec lays out proposals to bolster CEE’s cyber security in new report
The EU requires an in-depth exploration of its security needs, focusing on digital resilience, cyber threats, and countering disinformation, according to...
Bulgarian election delivers hung parliament
Bulgarian ex-prime minister Boyko Borissov’s conservative, pro-EU GERB (Citizens for European Development of Bulgaria) party garnered approximately 25% of the votes...
Poland’s eSky finalises Thomas Cook buyout
Polish online platform eSky Group has acquired the world’s oldest travel agent, Britain's Thomas Cook, for up to GBP 30mn, after...
CEE sidesteps ‘middle-income trap’ – ING analysis
Central and Eastern Europe (CEE) economies have largely overcome the so-called middle-income trap, but face challenges around sustainable growth and convergence...
China, CEE strengthen strategic ties at summit
The sixth China and Central and Eastern European Countries Local Leaders' Meeting concluded on 16 October with a firm commitment between...
EU okays Polish EUR 1.2bn state-aided energy-storage project
The European Commission (EC) has greenlit Poland's USD 1.2bn scheme for projects to increase electricity storage capabilities to foster the transition...
Serbian MPs vote against lithium mining ban, as Rio Tinto project edges closer
Serbian MPs voted down the enactment of a ban on lithium and boron exploration on Thursday, 10 October. An opposition-tabled House...
CEE’s evolving e-commerce landscape
Central and Eastern Europe (CEE) is catching up with Western Europe for e-commerce, but unique regional challenges and opportunities are shaping...
Croatia, Serbia bring back national service
Croatia and Serbia have both announced plans to reintroduce compulsory military service, saying it is necessary to strengthen national defence due...
EU pushes Romania to modify energy price caps
The EU has called on Romania to amend its energy price-capping scheme, urging the government to allow gas and electricity producers...
As EU slaps new tariffs on Chinese BEVs, VW rolls out ‘gamechanging’ electric vehicle
The European Commission (EC) has announced that it will impose additional import tariffs on Chinese battery electric vehicles (BEVs) following a...
‘Poland’s 7/11’ plans IPO, regional expansion
Zabka is planning an initial public offering (IPO) on the Warsaw Stock Exchange on 17 October, as Poland’s leading convenience shop...
Estonia, Latvia, Lithuania, Poland to ask EU to cofund ‘Baltic Defence Line’
Estonia, Latvia, Lithuania, and Poland are seeking EU financial support for a coordinated network of military fortifications along their borders with...