Slovenia Expansion of OTP Bank Raises Political Questions
Hungary's OTP Bank has acquired a 100% stake in Slovenia's Nova KBM after signing a purchase agreement with former shareholders of...
News by country
Will Hungary’s Automotive Industry Adjust to Future Challenges?
As in most countries in Central & Eastern Europe (CEE), the competitiveness of the Hungarian economy heavily depends on car production....
Member States Approve Coal Phase-out Funding
EU member states have approved a EUR 17.5 billion fund which aims to help some countries wean themselves from polluting industries...
Hungary: European Parliament Green Policies Too Much
Several European "green" initiatives have provoked resentment in Hungarian government circles. The outrage is mainly due to the European Parliament having...
Slovakia’s Automotive Industry: Blessing or Curse?
Slovakia has been a great beneficiary of automotive industry expansion in recent decades. However, its high exposure to the global car...
Romania Bids Farewell to Coal
This week, Romania announced that it was ditching coal, thus joining the majority of EU member states that have made a...
Czech Auto Sector: Targeting Lithium
One of the biggest car manufacturers of the world, the Czech Republic has a lot to lose if it does not...
Czech Police Suggest Indicting PM Babis
Czech prime minister Andrej Babiš should be indicted over charges of fraud involving European Union subsidies, according to a recommendation by...
Hungarian Electricity Company Aims Further Regional Expansion
The net sales of Hungary's MVM Group amounted to HUF 1,835 billion last year, which is EUR 71,8 million higher than...
Hungary Hosts Region’s Largest Solar Plant
Central Europe’s largest solar plant has been inaugurated in Kaposvár, southwest of the Hungarian capital Budapest. The 100-megawatt solar power plant...
Slovenia’s PM Facing Increased EU Scrutiny
Slovenia's prime minister, Janez Janša, is facing increasing pressure from the European Union as his country is poised to take over...
Hungary Reduces Tax Rate on Cryptocurrencies
Pushed through by state secretary Norbert Izer and communicated by the Ministry of Finance as a success story, Hungary has reduced...
How a Slovak “brAIn” is Revolutionizing Renewable Energy Consumption
Known as the “Airbnb of clean energy” and “brAIn,” the Slovak startup Fuergy is a Central European success story in the...
Drone Driven Agro-Machine Learning Helps Farmers
A Ukrainian start-up, Horos.ai promises to help farmers maximize yield, and minimize herbicide and water use with drone technology-driven machine learning....
Ryanair Publicly Challenges Croatia Airlines
Low-cost carrier Ryanair, which will open bases in Zagreb and Zadar this summer, has slammed Croatia Airlines’ recent complaints that the...
Emplocity: Automated Candidate Sourcing from Poland
Young entrepreneurs from Poland have developed applications based on artificial intelligence and machine learning to come up with what they believe...
Ambitious Hungarian Biotech Firm Fights Cancer With AI
“Turbine,” a biotech company simulating cell behavior with artificial intelligence, is combining two disciplines for which the country is renowned: biology...
Hungarian Atomic Energy Authority to Become “Independent”
According to a new draft law, Hungary's Atomic Energy Authority – also responsible for the Paks 2 nuclear power plant investment...
Bulgaria: President Appoints Caretaker Government
Bulgaria's president's Security and Defence Secretary, Stefan Yanev, will be the prime minister of Bulgaria's caretaker government. President Rumen Radev has...
Hungarian Start-ups: Tech-heavy and Optimistic
More than 60% of Hungarian start-ups are using some sort of “deep tech,” according to the Hungarian Start-up Report conducted by...