Poland to build two nuclear reactors – Kaczynski announces, with third also possible

2 years ago

"Now we have decided to atomise Polish energy: two nuclear power plants will be built, one in cooperation with the…

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

2 years ago

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

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

2 years ago

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

Hungary, Georgia discuss ‘major new energy cooperation’

2 years ago

Hungarian Prime Minister Viktor Orban and Georgian Prime Minister Irakli Garibashvili signed a strategic partnership agreement and discussed responses to…

Taiwan invests in CEE, as Lithuania opens trade office in Taipei

2 years ago

The tensions around the burgeoning relations between Taiwan and Central and Eastern Europe (CEE) will be on the agenda when…

Latvia, Estonia choose location for giant wind farm

2 years ago

Estonia's Sõrve peninsula area looks set to be the location for the major Estonian-Latvian hybrid offshore wind farm project ‘Elwind’,…

Eurowag to expand CEE network with Inelo buyout

2 years ago

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

Romania blames Hungary for Schengen deficit

2 years ago

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

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

3 years ago

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

Bulgaria, Romania edge towards Schengen membership, as MEPs express overwhelming support

3 years ago

MEPs backed Bulgaria and Romania joining the Schengen zone in the coming months by an overwhelming margin on Tuesday. Of the…

Romanian auto industry rallies to surpass pre-pandemic levels in first nine months

3 years ago

Passenger car production was up 21.2% year-on-year, to 381,971 units, in Romania in the first three quarters of 2022, according to…

CE Digital Payments Summit 2022: Digitalization key in volatile economic times

3 years ago

Reading Time: 2 minutes Organized by Mastercard for the second year in a row, the Central Europe (CE) Digital Payments…

Romania rolls out strategy for solar, wind power

3 years ago

The Romanian Energy Ministry has launched a renewable energy tender call worth EUR 457.7mn for projects totalling 950MW capacity, which…

Qatar to open embassy in Czech capital

3 years ago

Czechia and Qatar signed bilateral agreements on Wednesday, as the Gulf state announced that it will open its first embassy…

Forint recovers as Gazprom grants Hungary gas payment deferral

3 years ago

The forint rebounded against both the US dollar and euro late Monday, on news that Russian-state-run energy company Gazprom has…

Pro-NATO PM wins Latvian election, as ethnic-Russian voters shun pro-Kremlin parties

3 years ago

Latvia’s ruling centre-right party Jauna Vienotiba (New Unity) was the clear winner in the country’s general elections at the weekend…

Forint slumps to all-time lows against euro, dollar

3 years ago

As national currencies shed value across Central and Eastern Europe (CEE) on Thursday, the Hungarian forint fell hardest, to historic…

Poland opens Baltic Pipe, as other pipelines wrecked in dramatic day for CEE energy

3 years ago

Polish officials symbolically commissioned the Baltic Pipe natural gas pipeline with Norway on Tuesday, a day that turned out to…

VW floats idea of CEE exit

3 years ago

German carmaker Volkswagen (VW) may close its plants in Central and Eastern Europe (CEE) if the natural gas shortage persists…

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

3 years ago

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