Foreign direct investment

Hungary MOU with Huawei angers US

A memorandum of understanding (MOU) signing between Hungary's 4iG and China’s Huawei, both controversial companies close to their respective governments,…

6 months ago

Romanian PM announces joint business forum with Germany later this month

Romania's development and evolution are defined by resilience, sustainability, transparency, equity and efficiency, Romanian Prime Minister Marcel Ciolacu told the…

8 months ago

VW delays CEE battery plant, as US sweeteners lure firms over the pond

German carmaker Volkwagen (VW) has put on hold its plans to open a battery plant in Central and Eastern Europe (CEE)…

1 year ago

VC financing of Lithuanian fintech quadruples – FT special report

Venture capital (VC) financiers invested EUR 71mn in Lithuanian fintechs in 2021, up from EUR 18mn in 2020, according to The…

1 year ago

Venture capital investment in CEE doubled in two years – report

Central and Eastern Europe (CEE) is one of the fastest growing regions in Europe by enterprise value and has grown…

2 years ago

Qatar to open embassy in Czech capital

Czechia and Qatar signed bilateral agreements on Wednesday, as the Gulf state announced that it will open its first embassy…

2 years ago

Onsemi invests USD 450mn in semi-conductor foundry in Czechia

Onsemi inaugurated the expansion of its silicon carbide (SiC) semiconductor fabrication plant in Roznov, east Czechia, on Wednesday. The USD…

2 years ago

Chinese market leader CATL to build EUR 7.6bn battery plant in Hungary

The world’s largest battery maker, China’s Contemporary Amperex Technology (CATL), has agreed to build a three trillion forint (EUR 7.6bn)…

2 years ago

Hungary’s ‘race to the bottom’ currency policy comes under fire – CET analysis

Hungary's currency, the forint, has in recent weeks plumbed all-time lows against the euro. Although currencies are dropping across Central…

2 years ago

Czech EU Council presidency aims to clarify Brussels’ relations with Beijing

Czechia’s Foreign Minister Jan Lipavsky says one of his country’s goals when it heads the EU Council is to clarify…

2 years ago