Lufthansa mulls AirBaltic purchase – report
Deutsche Lufthansa AG is looking into acquiring a stake in AirBaltic before the Latvian state-owned airline launches an initial public offering...
Business
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...
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 tap...
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 Ministry...
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...
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. The...
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 media...
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 the...
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...
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 Kristen...
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...
Poland: Phasing Out Coal and Moving Away from Russian Gas
Meeting the EU’s 2030 climate targets poses a huge challenge for Central European countries, especially for coal-dependent Poland. But it is...