A collection of 304 posts
Polish growth private equity firm bValue has successfully raised EUR 90mn for its third fund, significantly boosting its investment capacity. Particularly keen on exploring investment opportunities in Romania, bValue has a strategic focus on software, IT services, and e-commerce, and plans to invest between EUR 5mn and 15mn per project.
Central and Eastern Europe (CEE) is making notable strides in the e-commerce arena, driven by increasing digital adoption and a burgeoning online market, according to a recent analysis by Polish IT solutions provider Exorigo Upos. In 2023, CEE’s e-commerce penetration was 55%, lagging Western Europe’s 80%, underscoring the
The new report on rule of law and governance by the European Commission (EC) gives a mixed picture on Central and Eastern Europe (CEE) anti-corruption efforts, judicial independence, media freedom, and legislative practices. The EC’s Rule of Law Report 2024, its 5th, included assessments of developments in Bulgaria, Czechia,
Poland has an improved investment climate and access to EU funding are expected to support this revival, according to a new cautiously optimism report by ING Bank Slqski and the European Economic Congress (EEC). The report presents a comprehensive analysis of the current state and future prospects of investment in
Poland has called for border protection discussions within NATO as China and Belarus carry out their first ever joint military manouevres near the Polish border. Chinese soldiers carrying out “anti-terrorism training” in Belarus add a new dynamic to the security situation in Central and Eastern Europe, as Russia’s war
Polish photovoltaic company RPower has signed with Polish State Development Bank (BGK) a loan agreement worth PLN 231mn (EUR 54.17 mln) for solar farms with a combined capacity of 72 MWp, the company announced. This is the third finance loan agreement RPower has signed this year. The projects will
Romania reported the highest inflation rate in May, of 5.8%, driven by significant increases in housing and utilities prices, according to the latest data from the EU’s official statistics agency Eurostat. Croatia experienced the second highest inflation in Central and Eastern Europe (CEE), of 4.3%, driven primarily
Estonian Prime Minister Kaja Kallas was nominated on Friday, 28 June as the EU’s foreign policy chief (High Representative of the Union for Foreign Affairs and Security Policy), subject to agreement from the European Commission (EC) president. Kallas will succeed Spain’s Josep Borrell and become the first politician
Despite an overall downturn, the Central and Eastern European (CEE) start-up scene showed resilience in the first quarter of 2024, when it secured USD 11.8bn in investor funding. AI continues to attract significant interest, representing about 17% of global funding. Other key industries receiving investments in CEE include enterprise
Pro-European centrist parties performed well in Central and Eastern Europe (CEE) at the European Parliament (EP) elections held from 6-9 June, in contrast to elsewhere on the continent, where far-right parties surged. Tusk consolidates lead in Poland In Poland, the Civic Coalition (KO), led by Prime Minister Donald Tusk, gained
The EU elections, which will be held from on 6-9 June, involve nearly 400mn voters across 27 countries deciding on 720 seats in the European Parliament (EP). The vote will decide who will lead the European Commission (EC), with EC President Ursula von der Leyen vying for a second term,
Countries from Central and Eastern Europe (CEE) made up five of the seven signatories states of a letter expressing concern over recent developments in Georgia to its Parliamentary Chairman H.E. Shalva Papuashvili sent on Friday, 24 May. In recent months, Georgia has witnessed political and social upheaval, as anti-government
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 EU will close its Article 7 procedure over democratic backsliding against Poland that was initiated in 2017 against the country’s nationalist government led by the former ruling party Law and Justice (PiS), European Commission (EC) President Ursula von der Leyen said on Monday, 6 May. The EC could
Romanians have been consuming more than Hungarians, Budapest-based business website Portfolio writes, and now it has become clear why: wages were already higher in Romania than in Hungary last year. “Regarding purchasing power parity (PPP), 2023 was the first year when the wages of our eastern neighbour came before us,