Mystery EV firm to build EUR 8bn plant in Czechia
Czechia will host a EUR 7.9bn electric vehicle (EV) battery in Karvina, east Czechia, funded by a foreign investor, the Czech...
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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...
Romania rated BBB- by Fitch
The rating for Romania's long-term foreign currency debts is BBB- with a stable outlook, Fitch announced. According to the rating agency,...
CEE’s nuclear dreams – CET analysis
The indispensability of nuclear energy was one of few areas of consensus at the recent summit of the strained Visegrad Four...
Hungary oks Swedish NATO bid after PM visit
Hungarian MPs approved a proposal on ratifying Sweden’s accession to NATO with 188 in favour and 6 dissenting votes, on Monday,...
V4 leaders agree on energy, immigration, but Russia remains elephant in room
The prime ministers of the Visegrad Four (V4) countries met in Prague, Czechia, for the first time in eight months, on...
Hungary gov’t to vote through judge as president
Hungarian Prime Minister Viktor Orban, in damage limitation mode after recent scandals and mass anti-government protests in Budapest, has proposed that...
Poland unlocks over EUR 100bn in EU funds
As of next week Poland can begin to access the around EUR 60bn of previously suspended COVID:19 pandemic and green funding and...
CEE hopefuls for NATO chief emerge, but Rutte in pole position
Prime Minister of the Netherlands Mark Rutte is reportedly likely to succeed NATO Secretary General Jens Stoltenberg in October, as the...
Anti-gov’t protests turn up heat on Orban
Tens of thousands of protesters rallied against the presidential pardon scandal in Budapest on Friday evening. The catalyst for the protests is...
Romania ordered to repay Blue Air’s state aid
Blue Air's restructuring plan has failed to restore its long-term viability and the Romanian state must return the EUR 33.84mn it...
Polish FM floats new reparations solution
Poland will drop the USD 1.3tn (EUR 12.08) reparation demand made by the right-wing nationalist PiS government, which Polish Prime Minister...
North Macedonia sets May election date
EU candidate country North Macedonia will hold early parliamentary elections on 8 May, the House speaker Jovan Mitreski announced on Wednesday,...
Russia plans decade of war – Estonian intel
An Estonian intelligence report released Tuesday warns that Russia is preparing to wage war on the West for a decade, as...
Hungary rocked by presidential resignation
Hungarian President Katalin Novak resigned on live TV on Saturday evening, in connection with her controversial pardon issued last year for...
4iG inks deal for cable linking Egypt, Albania
Hungarian-government-linked telco 4iG and Telecom Egypt will jointly construct an express subsea cable between Albania and Egypt. Telecom Egypt is a...
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...
European rail network to connect to Lviv
Ukraine is planned to be added to the Trans-European TEN-T transport corridor, enabling access to the rest of Europe for trains...
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...