A collection of 194 posts
Romania has approved “technical-economic indicators” for an over RON 750mn (EUR 150.8mn) rail construction project at the country’s largest port Constanta, east Romania, scheduled for completion in two years. The Central and Eastern Europe (CEE) country has plans to transform Constanta into a key Black Sea logistics hub,
Central and Eastern Europe (CEE) economies have largely overcome the so-called middle-income trap, but face challenges around sustainable growth and convergence with Western European living standards, Dutch multinational banking and financial services corporation ING bank found in a study that looked at key development trends in Poland, Hungary, Czechia, Romania
Central and Eastern Europe (CEE) is catching up with Western Europe for e-commerce, but unique regional challenges and opportunities are shaping its growth trajectory, according to the European e-Commerce Report 2024. Central Europe Many CEE countries still experience uneven digital development, as compared to Western Europe where higher internet penetration
The EU has called on Romania to amend its energy price-capping scheme, urging the government to allow gas and electricity producers to set their own prices. The request came in the form of a letter, with Romania expected to respond within two months. The letter marks the first step of
Zabka is planning an initial public offering (IPO) on the Warsaw Stock Exchange on 17 October, as Poland’s leading convenience shop chain expands into Romania and elsewhere in Central and Eastern Europe (CEE). The IPO could raise as much as PLN 6.45bn. The IPO is set to be
Polish Prime Minister Donald Tusk declared a state of disaster and confirmed that 1,600 people have been evacuated in Klodzko, south-west Poland, as Central and Eastern Europe (CEE) faced torrential rains brought by Storm Boris, which has led to widespread flooding and causing numerous deaths across countries including Romania,
As the EU assesses its defence strategies amidst escalating geopolitical tensions, South Korea has emerged as a significant player in the Central and Eastern Europe (CEE) defence market. Korea makes strategic defence exports to CEE South Korea’s defence industry has gained notable traction in CEE, where countries are upping
Romanian Prime Minister Marcel Ciolacu has requested that his country’s upcoming European Commissioner focuses on economic policies, following a meeting with European Commission (EC) President Ursula von der Leyen in Brussels on Thursday. “I want a portfolio that is highly relevant, given that we are the sixth largest country
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
Adoption of zero-emission vehicles gaining traction in Central and Eastern Europe (CEE), according to Erste Group’s macroeconomic report for August 2024. The Austrian financial service provider’s analysis sees varied economic trajectories and fluctuating trade balances across CEE, as Slovenia reported a trade deficit of EUR 0.64bn in
The expansion and modernisation of the NATO air base in Constanta, south-east Romania, symbolises the country’s growing strategic importance to NATO and the US, regional expert Ronald H. Linden writes in an article entitled “Romania is America’s new indispensable ally in Eastern Europe” in US politics daily The
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,
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