Business

Rheinmetall to build EUR 180mn factory in Lithuania

Germany’s Rheinmetall will spend more than EUR 180mn on an ammunition manufacturing facility in Lithuania, the Lithuanian Economy and Innovation…

7 months ago

Poland unveils massive transport, energy, defence plans under 2025 budget

Polish Prime Minister Donald Tusk vowed to tackle inflation, drive record economic growth, and bolster key investments in energy and…

7 months ago

AirBaltic to call IPO by year-end

Latvian national airline airBaltic is set to embark on its first-ever initial public offering (IPO) before the end of 2024.…

7 months ago

Hungarian consortium’s purchase of Talgo blocked by Spain on security grounds

The Spanish government has vetoed Hungarian consortium Ganz-MaVag’s attempt to purchase Spanish train manufacturer Talgo, citing national security concerns, local…

7 months ago

South Korea influence grows in CEE defence

As the EU assesses its defence strategies amidst escalating geopolitical tensions, South Korea has emerged as a significant player in…

7 months ago

Hungary nears energy deal in wake of Lukoil sanctions – FM

Hungary is rushing to safeguard its energy security following Ukraine's sanctions on Russian oil company Lukoil, and is in active…

7 months ago

Rail Baltica in focus as Baltic leaders meet

Transport was on the agenda when Lithuanian Prime Minister Ingrida Simonyte, Latvia Prime Minister Evika Silina, and Estonian Prime Minister…

7 months ago

Enlight kicks off Hungary solar project

Enlight Renewable Energy, a prominent player in the green energy sector, began production and sales at its EUR 43.29mn Tapolca…

7 months ago

Romanian gov’t, chemical industry sign energy-transition letter of intent

Romanian Minister of Economy, Entrepreneurship and Tourism Stefan-Radu Oprea and Romanian Chemical Industry Association Romchimica signed a letter of intent…

11 months ago

Czechia sinks EU cash into domestic green energy

Czech citizens who are interested in using solar power at their own home or company can rest easy, the subsidies…

1 year ago