V4 & Romania

Rheinmetall expands CEE presence with majority purchase of Automecanica Medias

German defence industry group Rheinmetall has acquired a 72.5% stake in Automecanica Medias from Romania, estimating that it will have…

1 year ago

Solidarity plans to block Ukraine border stations

Polish farmers from  Solidarity announced Friday that the trade union is planning a blockade of the country’s border crossings with Ukraine…

1 year ago

Czechia, Taiwan ink nanotechnology MOU

Business groups from Czechia and Taiwan signed a memorandum of understanding (MOU) on semiconductor cooperation in Taipei on Thursday, 1…

1 year ago

Orban drops Ukraine aid package veto

Hungarian Prime Minister Viktor Orban agreed to a EUR 50bn, 4-year package for Ukraine on Thursday, 1 February, after vowing…

1 year ago

Romania has overtaken Greece, Hungary – Economy minister underlines EU benefits

Romania has economically surpassed Greece, Hungary and is closing in on Poland, Romanian Economy Minister Stefan Radu Oprea underlined in…

1 year ago

Hungary becomes only hold-out on Swedish NATO accession

Hungarian Prime Minister Viktor Orban has asked his MPs to proceed with Sweden's ratification as NATO member “at the first…

1 year ago

Hungarians increasingly displaced by guest workers – report

Foreign workers are increasingly replacing Hungarians across various sectors due to structural issues within the country’s economy. Government backing of…

1 year ago

Austria leads CEE for most new cars, Estonia regional laggard

The number of battery-only electric passenger cars in the EU neared 3mn in 2022, up 55% from 1.9mn in 2021,…

1 year ago

Romanian e-vehicle market grew by over one-third in 2023

More than 42,000 electric cars have been registered, so far, in Romania, of which around 16,800 only in 2023, 35%…

1 year ago

Hungary inflation to dip, GDP to rise this year – independent think tank

From Hungary's economic perspective, last year extended the trends observed in 2022, according to independent Hungarian think-tank Policy Solutions's annual…

1 year ago