Babis wins Senate seats, but Fiala retains control
Czech opposition party ANO, led by former prime minister Andrej Babis, scored a significant victory in Saturday’s elections for the country's...
V4 & Romania
MOL inks gas exploration deal in Azerbaijan
Hungary's MOL Group, along with its joint venture partners, has signed commercial agreements to advance the development of significant gas reserves...
Intel postpones EUR 4bn Polish factory plan
US firm Intel has decided to delay its semiconductor plant project near Wroclaw, west Poland, until 2026 due to the company's...
Korean firm to build EUR 16bn Czech nuclear plant
South Korea’s Korea Hydro & Nuclear Power (KHNP) will lead Czechia's largest-ever investment project when the Central and Eastern Europe (CEE)...
Slovakia hikes VAT to among EU’s highest
Slovak Prime Minister Robert Fico on Wednesday, September 18, reversed decades of opposition to tax hikes as his government amended VAT...
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...
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...
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...
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...
As Serbia mulls lithium mine, Bulgaria, Slovenia explore sodium-ion as alternative
As tens of thousands of Serbians rally in opposition to the contentious lithium mining project planned by company Rio Tinto in...
Erste sees moderate economic growth in CEE
Adoption of zero-emission vehicles gaining traction in Central and Eastern Europe (CEE), according to Erste Group's macroeconomic report for August 2024....