DACH & Slovenia

Gov’t interventions see Poland, Slovenia, Hungary buck H1 electricity bills trend

Household electricity prices rose year-on-year in the first half of 2022, from EUR 22 per to EUR 25.30 per 100…

2 years ago

Eurowag to expand CEE network with Inelo buyout

Czech-founded WAG Payment Solutions PLC announced on Tuesday that it has agreed to fully acquire Grupa Inelo SA, a leading…

2 years ago

Moody’s forecasts CEE growth in 2022, amid soaring inflation

The loan-book performance of banks in Central and Eastern Europe (CEE) is set to worsen as interest rate hikes take…

2 years ago

‘The Chinese always have a multi-layered approach’ – CEPA expert Tamas Matura talks China in CEE with CET

Hungarian Sinologist Tamas Matura argued in his recent report for CEPA that China wields little influence in Hungary, despite the…

2 years ago

Slovenia agrees on EUR 3.26bn funding strategy with European Commission

Slovenia will receive 3.26 billion euros in EU funding via a partnership agreement, the details of which it finalised with…

2 years ago

Polish energy giant PKN Orlen mulls purchase of German refinery

Polish refiner PKN Orlen is considering buying a majority stake in the PCK Schwedt refinery in north-east Germany, which until…

2 years ago

As Ryanair suspends CEE flight routes, Aeroexpress mulls new services

Ryanair CEO Michael O'Leary said his budget airline has no plans to withdraw from Hungary but will cease some services…

2 years ago

Scholz says ‘centre of Europe is moving eastwards’ on Prague visit

German Chancellor Olaf Scholz emphasised the urgency of accession for aspiring EU members in Central and Eastern Europe (CEE) when…

2 years ago

Europe’s drought worst in 500 years – EC report

Slovakia, Hungary, Romania and Moldova were among the European countries most affected by low rainfall rates in the three months…

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