A collection of 40 posts
Poland will invest PLN 10bn (EUR 2.35bn) in securing its eastern border against the rising threat of Russia and Belarus, Polish Prime Minister Donald Tusk said on Saturday, 18 May. Tusk said Poland is “starting a major project to build a secure border, including a system of fortifications, landscaping
The first German troops of a brigade to be fully deployed as the German Army 45th Brigade Lithuania within 4 years arrived in Lithuania on Monday, 8 April, when Lieutenant General and Bundeswehr chief Alfons Mais visited Vilnius. Around 5,000 military personnel and civilians will move to Lithuania, including
Czech photovoltaic distributor Raylyst Solar is the most rapidly growing company in Europe, according to the latest rankings by UK daily the Financial Times and German data platform Statista. Czech entrepreneur Jan Kamenicek founded Raylyst in 2018, and the company now delivers photovoltaic panels in Czechia, Germany, Slovakia, Italy and
Germany’s business with Central and Eastern Europe (CEE) fell last year as the value of goods traded with the region’s 29 countries reduced by 6.5%, the Committee on Eastern European Economic Relations (CEEER) said on Wednesday, 7 February. German imports from CEE and Central Asia fell 9.
The expansion plan of the new ammunition plant of Rheinmetall in Varpalota, west Hungary, has been underway since January, the German automotive and arms manufacturer has revealed. The extension will increase the size of the plant by 20 hectares to some 120 hectares and payroll to around 200 employees. The
German defence industry group Rheinmetall has acquired a 72.5% stake in Automecanica Medias from Romania, estimating that it will have an annual sales potential of up to EUR 300mn. The rest of the company’s shares will remain in private ownership. The contract still requires approval from the relevant
Romania’s development and evolution are defined by resilience, sustainability, transparency, equity and efficiency, Romanian Prime Minister Marcel Ciolacu told the Annual Meeting of Romanian Diplomacy last week. Romania must enter as many foreign markets as possible, Ciolacu said, and he asked Romanian Foreign Minister Luminita Odobescu to initiate a
The emerging economies of Central and Eastern Europe (CEE) are closing in on their Western neighbours thanks to the emergence of new technologies, and nowhere more so than Poland, according to Britain’s oldest independent research institute. CEE is likely to become a new centre of gravity of economic growth
Poland and Czechia are the leading countries in Central and Eastern Europe (CEE) for offering temporary protection status to Ukrainian refugees, according to new figures released this week by Eurostat. According to the EU’s official statistics agency, at the end of June, Poland was giving 977,740 people temporary
The top 11 inflation rates in the EU were in Central and Eastern Europe (CEE) countries in June 2023, according to new data figures published by Eurostat, the EU’s official statistics office. All of the EU member states in CEE registered inflation over the EU average of 6.4%
Poland outstretched all of its EU peers for growth in the first quarter of 2023, the bloc’s official statistics office Eurostat reported in its revised data. In Central and Eastern Europe (CEE) – and Europe as a whole – Poland had the highest growth rate of 3.8%, ahead of Croatia
Poland has extended the operational license of its highly-polluting Turow lignite mine by 22 years, the Czech Environment Ministry revealed on Wednesday. “According to our information, Poland has authorised the extension of mining until 2044, with a decision by its climate and environment minister from 17 February,” Czech Environment Ministry
A total of eight Central and Eastern European (CEE) countries have co-signed a paper with four other EU member states that calls for the EU-wide cap on gas prices to be “significantly lower” than is currently being considered. Gas prices – and consequently inflation – have spiked in Europe since Russia’s
Orlen Unipetrol, owned by Poland’s leading energy company PKN Orlen, will take over 143 petrol stations in Hungary and 39 in Slovakia, the Budapest Stock Exchange announced on Thursday, 1 November. The regional shake-up of retail fuel operators involves all of the Visegrad Four (V4) countries, Poland, Czechia, Hungary
Hungarian Sinologist Tamas Matura argued in his recent report for CEPA that China wields little influence in Hungary, despite the Hungarian government’s decade of support for Beijing in the EU. However, shortly after the release of the CEPA report, China’s CATL announced plans to build a EUR 7.