Onsemi invests USD 450mn in semi-conductor foundry in Czechia

3 years ago

Onsemi inaugurated the expansion of its silicon carbide (SiC) semiconductor fabrication plant in Roznov, east Czechia, on Wednesday. The USD…

Slovenia agrees on EUR 3.26bn funding strategy with European Commission

3 years ago

Slovenia will receive 3.26 billion euros in EU funding via a partnership agreement, the details of which it finalised with…

EC backs withholding EUR 7.5bn from Hungary

3 years ago

The European Commission (EC) recommended the rescinding of 7.5 billion euros worth of cohesion funds from Hungary on Sunday, unless…

Polish energy giant PKN Orlen mulls purchase of German refinery

3 years ago

Polish refiner PKN Orlen is considering buying a majority stake in the PCK Schwedt refinery in north-east Germany, which until…

As Ryanair suspends CEE flight routes, Aeroexpress mulls new services

3 years ago

Ryanair CEO Michael O'Leary said his budget airline has no plans to withdraw from Hungary but will cease some services…

MEPs to vote on rule of law in Hungary, as EC mulls next move on suspended funds

3 years ago

As the September 21 deadline approaches, leaders in Brussels are split on whether to finally unlock billions of euros that…

Batteries are powering CEE’s e-mobility transition – CET analysis

3 years ago

As the EU accelerates its shift to electric vehicles by outlawing internal combustion engines by 2035, the auto industries in…

Baltic countries to fully ban entry for Russian citizens, while EU plans major restrictions

3 years ago

Lithuania, Latvia and Estonia are finalising coordinated agreements on restricting entry for the Russian citizens with Schengen visas, the three…

Hungary to call for removal of Russian oligarchs from EU sanctions list – report

3 years ago

Hungary will not agree to the extension of EU sanctions against Russia unless visa bans and asset freezes against three…

V4 countries cast net wide for gas supplies

3 years ago

Czech Prime Minister Petr Fiala will travel to the Netherlands this week to open a new terminal, according to an…

Ukraine, Kosovo, security on agenda at Open Balkan summit

3 years ago

European Commissioner Oliver Varhelyi said the EU’s EUR 29bn investment package for the Western Balkans “has the potential to transform…

Scholz says ‘centre of Europe is moving eastwards’ on Prague visit

3 years ago

German Chancellor Olaf Scholz emphasised the urgency of accession for aspiring EU members in Central and Eastern Europe (CEE) when…

Croatian authorities launch probe into massive gas-resale scam at INA

3 years ago

A total of five individuals including a top Croatian lawyer and an executive at energy firm INA have been charged…

Polish photovoltaic company Toren acquired by Swiss firm MET

3 years ago

Polish greenfield solar power project Toren Spolka Akcyjna agreed a 100% share purchase agreement with the Swiss-based energy company MET…

Hungary to push on with Paks II project, as nuclear agency issues partial construction permit

3 years ago

Hungary's National Atomic Energy Authority (OAH) has granted a partial licence in connection with the expansion of the country's only…

Poland deal with South Korea represents new era of European defence

3 years ago

Poland will sign executive agreements with The Republic of Korea on Friday to equip the Polish Army with its first…

Bulgaria wavers on pivot back to Russian energy

3 years ago

Bulgaria has resumed discussions with Russian state energy company Gazprom regarding the country's natural gas supplies, interim Energy Minister Rossen…

Europe’s drought worst in 500 years – EC report

3 years ago

Slovakia, Hungary, Romania and Moldova were among the European countries most affected by low rainfall rates in the three months…

Hungary makes giant bid to buy Vodafone

3 years ago

Vodafone Group has agreed to sell its Hungarian subsidiary to the Hungarian state and government-affiliated systems integrator 4iG for HUF…

Greenhouse gases remain below pre-COVID levels in Q1 2022

3 years ago

EU economy greenhouse gas emissions were up year-on-year in the first quarter of 2022, at 1.029 billion tonnes, but were…