Romania

Romania, Hungary sign deal to lay world’s longest electricity cable

Hungary and Romania were among the four signatories of an agreement to construct a 1,100km (685 mile) power line under…

1 year ago

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…

1 year ago

EU green lights Croatia to join Schengen, snubs Bulgaria, Romania

Croatia will become the Schengen zone’s newest member on 1 January, the Council of the EU announced on Thursday, 8 December. Croatia…

1 year ago

Wizz vs Ryanair: which budget airline rules CEE?

Wizz Air will serve 31% more passengers than Ryanair in Central and Eastern Europe (CEE) and the Caucuses this winter, according…

1 year ago

Robotisation spreads in auto-heavy CEE

Robotisation has risen sharply in CEE, according to a new report entitled “How do Economies in EU-CEE Cope with Labour…

1 year ago

Estonia tops tax competitiveness index

For the ninth consecutive year, Estonia has the best tax regime of the Organisation for Economic Cooperation and Development (OECD) countries, according…

1 year ago

Romania secures EUR 650mn factory investment as Nokian Tyres looks to replace Russian output

Nokian Tyres will build a EUR 650mn passenger car tyre factory in Oradea, western Romania, creating around 500 jobs, it…

2 years ago

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

Romania blames Hungary for Schengen deficit

Romanian lorry drivers urged their government to “relentlessly lobby” for the country to join the Schengen zone on Monday, asserting…

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