A collection of 55 posts
The Spanish government has vetoed Hungarian consortium Ganz-MaVag’s attempt to purchase Spanish train manufacturer Talgo, citing national security concerns, local media reported. Ganz-Mavag, which includes Hungary’s state fund Corvinus, made a EUR 619mn public tender offer for the maker of the iconic Alta Velocidad Espanola (AVE) high-speed trains
As the EU assesses its defence strategies amidst escalating geopolitical tensions, South Korea has emerged as a significant player in the Central and Eastern Europe (CEE) defence market. Korea makes strategic defence exports to CEE South Korea’s defence industry has gained notable traction in CEE, where countries are upping
Hungary is rushing to safeguard its energy security following Ukraine’s sanctions on Russian oil company Lukoil, and is in active discussions to guarantee alternative supply routes, according to the country’s top diplomat. Szijjarto concerned over energy supplies Despite protests from Budapest and Bratislava, the European Commission (EC) has
Transport was on the agenda when Lithuanian Prime Minister Ingrida Simonyte, Latvia Prime Minister Evika Silina, and Estonian Prime Minister Kristen Michal met in Klaipeda, west Lithuania, at the weekend. The Rail Baltica, a high-speed rail connection across the Baltic states, is encountering significant challenges and rising costs, drawing concern
Enlight Renewable Energy, a prominent player in the green energy sector, began production and sales at its EUR 43.29mn Tapolca solar project in west Hungary 60MW ahead of schedule on 31 July. The Tapolca project will meet the annual needs of about 30,000 Hungarian households, selling electricity at
Romanian Minister of Economy, Entrepreneurship and Tourism Stefan-Radu Oprea and Romanian Chemical Industry Association Romchimica signed a letter of intent regarding joint efforts in the country’s energy transition on Friday, May 17. The document will form the basis of collaboration for the development of initiatives and partnerships between the
Czech citizens who are interested in using solar power at their own home or company can rest easy, the subsidies for them will not end soon, Hospodarske Noviny writes. The Central European country has enthusiastically leaned into the construction of domestic solar power plants, and the lion’s share of
The prime ministers of the Visegrad Four (V4) countries met in Prague, Czechia, for the first time in eight months, on Tuesday, 27 February. Created back in 1991, the V4 comprises around 65mn EU citizens, but for the last two years differences of opinion about Russia’s invasion of Ukraine
The share of renewable sources in gross final energy consumption at the EU level reached 23% in 2022, up 1.1 percentage points (pp) year-on-year, the bloc’s statistics office Eurostat reports. The EU’s revised Renewable Energy Directive has upped the bloc’s 2030 renewable energy target from 32%
Meeting the EU’s 2030 climate targets poses a huge challenge for Central European countries, especially for coal-dependent Poland. But it is also helping the country with a population of 40 million to modernize. Thwarted by the highest electricity prices in Europe, and pressured by EU environmental regulations, Poland has