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...
Energy
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)...
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...
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...
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...
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...
Czech ‘crisis manager’ Sikela to helm EU’s answer to China’s Belt and Road Initiative
Czechia's former industry minister and crisis manager Jozef Sikela has been appointed to lead the EU’s EUR 300bn Global Gateway Strategy,...
MOL inks gas exploration deal in Azerbaijan
Hungary's MOL Group, along with its joint venture partners, has signed commercial agreements to advance the development of significant gas reserves...
Korean firm to build EUR 16bn Czech nuclear plant
South Korea’s Korea Hydro & Nuclear Power (KHNP) will lead Czechia's largest-ever investment project when the Central and Eastern Europe (CEE)...
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 up...
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 infrastructure...
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 discussions...
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 solar...
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 regarding...
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 for...
V4 leaders agree on energy, immigration, but Russia remains elephant in room
The prime ministers of the Visegrad Four (V4) countries met in Prague, Czechia, for the first time in eight months, on...
Albania tops region for sustainable energy mix
The share of renewable sources in gross final energy consumption at the EU level reached 23% in 2022, up 1.1 percentage...