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...
Germany
Ukrainian alleged in Nord Stream pipeline attack
The September 26, 2022 sabotage of the Nord Stream pipelines, a major European energy conduit running from Russia to Germany, remains...
US thwarted plot to kill Rheinmetall boss – report
US intelligence discovered earlier this year that the Russian government planned to assassinate Armin Papperger, the chief executive of German arms...
CEE centre holds, as far-right scores gains in EU vote
Pro-European centrist parties performed well in Central and Eastern Europe (CEE) at the European Parliament (EP) elections held from 6-9 June,...
Poland to spend EUR 2.35bn on eastern border fortification programme
Poland will invest PLN 10bn (EUR 2.35bn) in securing its eastern border against the rising threat of Russia and Belarus, Polish...
NATO bolsters Eastern flank as German troops arrive in Lithuania
The first German troops of a brigade to be fully deployed as the German Army 45th Brigade Lithuania within 4 years...
Czech firm Europe’s fastest growing
Czech photovoltaic distributor Raylyst Solar is the most rapidly growing company in Europe, according to the latest rankings by UK daily...
CEE trade with Germany slumped in 2023
Germany’s business with Central and Eastern Europe (CEE) fell last year as the value of goods traded with the region’s 29...
Rheinmetall expands Hungary ammo maker
The expansion plan of the new ammunition plant of Rheinmetall in Varpalota, west Hungary, has been underway since January, the German...
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 an...
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 Annual...
Poland rapidly emerging as CEE powerhouse, top UK researcher reports
The emerging economies of Central and Eastern Europe (CEE) are closing in on their Western neighbours thanks to the emergence of...
Poland, Czechia host most Ukrainians in CEE
Poland and Czechia are the leading countries in Central and Eastern Europe (CEE) for offering temporary protection status to Ukrainian refugees, according to...
Hungary tops EU inflation list for June
The top 11 inflation rates in the EU were in Central and Eastern Europe (CEE) countries in June 2023, according to...
Poland EU’s best performing economy in Q1
Poland outstretched all of its EU peers for growth in the first quarter of 2023, the bloc's official statistics office Eurostat...
Poland oks Turow mine’s permit till 2044
Poland has extended the operational license of its highly-polluting Turow lignite mine by 22 years, the Czech Environment Ministry revealed on...
Eight CEE countries push for ‘significantly lower’ EU gas price cap
A total of eight Central and Eastern European (CEE) countries have co-signed a paper with four other EU member states that...
Orlen moves into Hungary, MOL into Poland, in CEE gas market reshuffle
Orlen Unipetrol, owned by Poland's leading energy company PKN Orlen, will take over 143 petrol stations in Hungary and 39 in Slovakia,...
‘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 Hungarian...
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 Friday...