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...
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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 leads CEE wave of UK legacy firm buyouts
Polish online platform eSky’s GBP 30mn (EUR 35.5mn) purchase of Thomas Cook from China’s Fosun Tourism Group signals a broader westward...
CEE braces for further flooding, as Storm Boris wreaks havoc
Polish Prime Minister Donald Tusk declared a state of disaster and confirmed that 1,600 people have been evacuated in Klodzko, south-west...
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...
BiH completes largest ever infrastructure project
Financed with a EUR 5mn EU grant and a EUR 100mn loan from the European Investment Bank (EIB), the nearly 1km-long...
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...
Von der Leyen pledges more EU on Balkans visit
European Commission (EC) President Ursula von der Leyen announced further EU flood recovery funding and reiterated the EU’s commitment to addressing climate...
Estonia joins CERN
The European Organization for Nuclear Research (CERN) officially welcomed Estonia as its 24th member state on Friday, 30 August. CERN said...
Moldovan industrial sector to get EU cash
A total of 59 companies have been awarded non-reimbursable funding totalling some MDL 25mn (EUR 1.3mn) as part of a MDL...
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...
Polish companies, consortiums sign up to operate bottle recycling system
The new Polish deposit container-deposit system will launch in the autumn and be operated by eight enterprises, not six as earlier...
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...
Romania asks EU for top commissioner post, as Poland, Czechia, Austria, Slovenia jostle for position
Romanian Prime Minister Marcel Ciolacu has requested that his country’s upcoming European Commissioner focuses on economic policies, following a meeting with...
Modi pays CEE ‘historic’ visit
Indian Prime Minister Narendra Modi discussed collaborations on AI and startups with Poland during his recent tour of Central and Eastern...
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...
Baltics ranked #2 region for internet speed, Eastern Europe #4
In total 6 of 17 countries from Central and Eastern Europe (CEE) made the top 50 for fastest internet speeds, with...
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...