A collection of 167 posts
Automotive and Transport has dropped to third place amongst large companies in CEE, as business sectors of Central and Eastern European (CEE) shifted in size, partly due to soaring commodities prices, the latest Coface CEE Top 500 study found. In its 15th annual study, the French insurance company collects data
Taiwanese Foreign Minister Joseph Wu visited Estonia, Lithuania and Latvia from November 6-12, deepening bilateral ties in the Baltics and putting Asian geopolitics back up the agenda in Central and Eastern European (CEE). The three Baltic states have adjusted their policy toward People’s Republic of China (PRC) in recent
Ranked number four in the Global Fintech Index Ranking – and with more than 260 fintech companies and 7,000 professionals – Lithuania is an industry leader in continental Europe. Now the Baltic country’s government is seeking to secure this position with a new five-point plan. In 2014, Lithuania had 55
Revolut, the digital bank, has achieved a milestone by exceeding 10mn retail customers in the Central and Eastern Europe (CEE) region, adding 2.5mn clients in under a year. Romania stands out as the leader in the region, boasting over 3mn clients and a remarkable 39% growth in its customer
The Central and Eastern Europe (CEE) insurance market reached a total of EUR 12.5bn by the end of the first quarter of 2023, a year-on-year rise of 10.2%. All CEE markets exhibited annual growth, led by Poland, with EUR 4.3bn gross written premium (GWP), followed by Czechia
Central and Eastern Europe (CEE) countries Croatia, Hungary, Poland and Lithuania were among the 13 EU member states to request loans from the European Recovery Fund’s Recovery and Resilience Mechanism (RRF), the European Commission announced Friday. The deadline for submissions of loan requests from the NextGenerationEU fund’s resources
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
Foreign affairs parliamentary committee chairs from Central and Eastern European (CEE) countries including Czechia, Ukraine, Estonia, Latvia and Lithuania are amongst the signatories of an open letter calling for more criticism of Serbian President Aleksandar Vucic’s Kosovo policy. The letter to the EU and the US, seen by German
Lithuania, Latvia and Estonia agreed on Thursday 3 August to decouple from Russia’s BRELL power grid by February 2025, in order to reach full energy independence from the Kremlin. The three countries in 2018 agreed to integrate into the EU electricity system by the end of 2025, as their
Only 6% of Ukrainian diesel imports come from Hungary, the head of Hungarian energy giant MOL said at a conference on Saturday, 29 July. MOL CEO Zsolt Hernadi was responding to a recent article by Netherlands daily Handelsblatt, which said MOL’s oil deliveries to Ukraine have doubled in the
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%
Payment management platform Payhawk – Bulgaria’s only unicorn – has opened a new office in Vilnius, Lithuania, it announced on Monday, 17 July. Established in 2018, Payhawk currently serves clients in 32 countries and offers its platform to businesses across the European Economic Area (EEA), the UK and the US. With
The leaders of Ukraine and Lithuania were left frustrated at the alliance’s summit in Vilnius on July 11-12, despite NATO Secretary General Jens Stoltenberg’s assertion that “there has never been stronger language for membership in NATO”. Although a communiqué issued after the two-day event proclaimed that “Ukraine’s
NATO Secretary General Jens Stoltenberg and Lithuanian President Gitanas Nauseda held a joint press conference on Monday, 10 July, the day before the start of the NATO meeting in Vilnius, Lithuania, with 48 delegations of some 2,400 people, including 40 heads of state and 150 leading officials, due to
An apparent attempted coup d’etat led by the head of a mercenary group in Russia over the weekend set off emergency responses across Central and Eastern Europe (CEE) on Sunday, 26 June. Mercenary fighters of the Wagner private army, run by former Putin ally Yevgeny Prigozhin, pressed on across