EU shows united front vs Russia as Moldova edges closer to membership
European Commission President Ursula von der Leyen called Moldova “the political heart of Europe”, at the second Summit of the European Political...
Energy
Europe playing catch-up with China in ‘battery battle’ – Romanian economy minister
"Romania, and Europe, have lost the battle with China in certain segments, such as battery production, but we are trying to...
A new sector emerges in CEE, as companies anticipate compulsory ESG reports
Having committed to becoming the first climate-neutral continent by 2050, the EU faces a major challenge and companies will have to...
Hungary blocks EU’s Ukraine arms package after Kiev sanctions OTP bank
Hungary has vetoed EUR 500mn worth of arms funding from the EU to Ukraine, Italian media first reported on Monday, which...
Romania loosens surplus tax on OMV Petrom
Romanian President Klaus Iohannis promulgated the revised law that lays down a "solidarity contribution" from the “excessive profits” of energy companies,...
Falling energy prices hit MOL’s Q1 figures
Sharply falling energy prices are good news for the population and almost all market segments and the population alike, but large...
Poland’s Orlen losing millions over Russian oil ban
Poland's state-controlled oil company, PKN Orlen, is facing significant losses due to the EU banning Russian crude oil. The company is...
EON Polska earmarked 33bn war chest for green projects by 2027 – company president
"There will be more and more renewable energy in Poland and other European countries," E.ON Polska president Andrzej Modzelewski said in...
Poland moves closer to first nuclear plant
Poland's pursuit of nuclear energy took another step forward last week as Polskie Elektrownie Jadrowe (PEJ) applied to the Polish Climate...
EU plan to source local raw materials will boost mining, battery industries in CEE – CET analysis
The EU’s mooted 'critical raw materials (CRM) law' would strengthen the EU’s autonomy by reducing its reliance on third countries for...