Price rises in Central and Eastern Europe (CEE) countries were mostly above the Eurozone average of 4.9% in November, as inflation surged at the highest rate for 25 years, according to the latest data of the Organisation for Economic Cooperation and Development (OECD).
Lithuania had CEE’s highest year-on-year
European commercial aviation enjoyed an upturn last month, as the number of flights in the EU climbed 130% year-on-year. While the number of commercial flights was 166,990 in December 2020, the industry saw numbers of 383,720 last month.
Flight volumes were 24% below the pre-pandemic levels in December
Business services and products including fintech are the key field for startups in the Baltics. Fighting fraud, data visualizations and effective work tools.
Startups offering business services from the Baltic countries of Estonia, Latvia and Lithuania, (combined population circa 6.2 million) now number the thousands. As well as fintech,
In our second deep dive into the Baltic tech business scene, CET looks at startups that take physical health and psychological well-being equally seriously, especially in the wake of the global pandemic outbreak in 2020.
Finding a niche
Modern health startups are increasingly tailor-made for different audiences and groups. While
In our first deep dive into the innovative Baltic startup scene, we look at companies with new approaches to recycling, reforestation, oil disposal and even nuclear energy .
Fighting deforestation with satellites
Estonia’s Single.Earth was founded two years ago based on a belief that it is possible to save
This week The Central European Times investigates the startup scenes of the three innovative but diminutive Baltic countries Estonia, Latvia and Lithuania, whose small size makes companies open and internationally oriented from day one. Read our exclusive reports on environmental startups in the Baltics here, healthtech startups here and cutting-edge
Every country in Central and Eastern Europe (CEE) has increased its research and development (R&D) intensity over the last decade, according to EU statistics agency Eurostat. Poland and Czechia were the regional frontrunners from 2010-20, as they both increased intensity – i.e. R&D expenditure as a
With Russian troops amassing at Ukraine’s eastern border, negative sentiments toward the Nord Stream 2 (NS2), both within Germany and among its allies in Central and Eastern Europe, are emerging, Newsweek writes.
Estonia, Latvia and Lithuania are urging the incoming German coalition to reconsider the gas pipeline, which the
It has been hailed in the Baltic countries of Estonia, Latvia and Lithuania as their most ambitious shared project for a century. Rail Baltica – a EUR 5.8 billion high-speed railway between Helsinki and Warsaw – was originally planned for completion in 2026. However the north-east-Europe-spanning rail-link between the Finnish and
Latvia has announced a month-long COVID lockdown after a surge in infections and hospitalisations, becoming the first EU country to reintroduce the strict conditions in place across much of Europe earlier in the year. In the early days of the Coronavirus pandemic, Latvia received praise for its successful response. However