Business

Orlen inks deal to secure LNG supplies to Poland, BalticsOrlen inks deal to secure LNG supplies to Poland, Baltics

Orlen inks deal to secure LNG supplies to Poland, Baltics

Poland’s strategic energy giant PKN Orlen has signed a five-year exclusive deal with Lithuanian energy terminal operator KN Energies to…

8 months ago
Saudi Arabia launches new business chamber to focus on CEESaudi Arabia launches new business chamber to focus on CEE

Saudi Arabia launches new business chamber to focus on CEE

Saudi Arabia has launched a new business council to deepen its economic ties with Central and Eastern Europe (CEE) and…

8 months ago
Rheinmetall to build EUR 180mn factory in LithuaniaRheinmetall to build EUR 180mn factory in Lithuania

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…

8 months ago
Poland unveils massive transport, energy, defence plans under 2025 budgetPoland unveils massive transport, energy, defence plans under 2025 budget

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…

8 months ago
AirBaltic to call IPO by year-endAirBaltic to call IPO by year-end

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.…

8 months ago
Hungarian consortium’s purchase of Talgo blocked by Spain on security groundsHungarian consortium’s purchase of Talgo blocked by Spain on security grounds

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…

8 months ago
South Korea influence grows in CEE defenceSouth Korea influence grows in CEE defence

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…

8 months ago
Hungary nears energy deal in wake of Lukoil sanctions – FMHungary nears energy deal in wake of Lukoil sanctions – FM

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…

8 months ago
Rail Baltica in focus as Baltic leaders meetRail Baltica in focus as Baltic leaders meet

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…

8 months ago
Enlight kicks off Hungary solar projectEnlight kicks off Hungary solar project

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…

8 months ago