A collection of 100 posts
Leaders from Central and Eastern (CEE) countries Estonia, Latvia and Lithuania were among the signatories of an invitation to ex-NATO secretary general Jens Stoltenberg to draw up a white paper on regional defence collaboration, ahead of the alliance’s summit scheduled in The Hague, the Netherlands, in June. Stoltenberg will
Lufthansa Group acquired a 10% stake in Latvia’s airBaltic for EUR 14mn on January 29, pending antitrust approval. Europe’s largest airline group has long been interested in the Baltic region, and airBaltic, headquartered in Riga, Latvia, and flying to over 100 destinations across Europe, the Middle East and
Central and Eastern Europe (CEE) is emerging as a hub for innovation and growth with the achievements of its fastest-growing technology companies, according to the Deloitte Technology Fast 50 Central Europe 2024 report. The global auditor’s annual report, now in its 25th year, ranks the 50 fastest-growing public or
NATO deployed a multinational flotilla off the Estonian coast at the weekend to defend undersea infrastructure in the Baltic Sea amid escalating concerns of sabotage. Baltic Sentry aims to deter hybrid threats targeting power cables, pipelines, and data lines crucial to the region’s stability. Dubbed the “security camera of
Electric vehicle (EV) adoption across Central and Eastern Europe (CEE) remains uneven, with significant variations between countries in the region, according to new data from the European Environment Agency (EEA). Adoption rates in CEE lag behind Western Europe: the Western Balkans, for example, has just 1,540 public EV charging
Digital news consumption in Central and Eastern Europe (CEE) is transforming, driven by evolving audience habits, technology adoption, and growing mistrust in traditional media, according to Reuters Digital News Report 2024. Internet penetration and smartphone usage have enabled a rapid shift online, but challenges related to declining trust in news
Central and Eastern European (CEE) countries are still navigating post-pandemic economic challenges amid newer geopolitical tensions, according to the Economic Outlook December 2024 report from the Organisation for Economic Co-operation and Development (OECD). Inflationary pressures, labour shortages, and weakened demand from key European markets, most notably Germany, are affecting industrial
The Taiwanese government-backed drone supply chain alliance on Friday, 15 November signed a memorandum of understanding (MOU) with the Polish-Taiwanese Chamber of Industry and Commerce to advance drone development. The Asian country plans to expand its economic partnerships beyond the semiconductor industry and enhance its defence capabilities through drone development
A new list spotlighting the fastest-growing startups in Central and Eastern Europe (CEE) shows Estonia as the clear leader in the region’s startup scene, with neighbours Latvia, Bulgaria, Romania, and Lithuania also making the leaderboard. The Sifted 30: Eastern Europe & Baltics leaderboard ranks private startups established within the
In the wake of the parliamentary elections in Georgia held on 26 October 2024, international reactions ranged from congratulations to expressions of concern over the integrity of the electoral process. Doubts over the legitimacy of last weekend’s vote have placed the country at the centre of a geopolitical tug-of-war,
Estonia, Latvia, Lithuania, and Poland are seeking EU financial support for a coordinated network of military fortifications along their borders with Russia and Belarus. “The security situation demands comprehensive defences,” Estonian Defense Minister Hanno Pevkur said, adding that “the Baltic Defence Line supports NATO’s forward defense and is vital
Deutsche Lufthansa AG is looking into acquiring a stake in AirBaltic before the Latvian state-owned airline launches an initial public offering (IPO), insider sources told Bloomberg. Talks are still in the early stages, and no final decision has been made regarding the investment, said the sources, speaking to the news
Poland’s strategic energy giant PKN Orlen has signed a five-year exclusive deal with Lithuanian energy terminal operator KN Energies to up the supply of liquefied natural gas (LNG) to north-east Poland and the Baltic countries. Under the deal, effective until the end of March 2030, Orlen will have sole
Latvian national airline airBaltic is set to embark on its first-ever initial public offering (IPO) before the end of 2024. The decision was confirmed by the government during a closed session on Friday, 30 August. The IPO will be conducted alongside negotiations with an unnamed “strategic investor”. The Latvian state
In total 6 of 17 countries from Central and Eastern Europe (CEE) made the top 50 for fastest internet speeds, with an average download speed of 76.58 Mbps, placing it the 4th global region. CEE’s top performers were Slovakia, Hungary, and Romania, with average speeds of 145.19