A collection of 188 posts
The Slovak government announced plans to the build the country’s largest solar park on Monday. State nuclear company JESS will construct the renewable energy development near the Jaslovenske Bohunice nuclear reactors. The EUR 60 million investment will result in Slovakia’s largest solar power plant, spread over a105-hectare site.
Taiwan could help alleviate Europe’s semiconductor shortage by setting up manufacturing operations in central Europe. With a reputation as a tech heavyweight, the autonomous island claimed by mainland China is host to numerous electronic component manufacturers. In October, the head of Taiwan’s National Development Council, Kung Ming-hsin, said
Strengthening energy sovereignty and energy security, maintaining affordable energy prices and decarbonising energy production can only be achieved through the combined use of nuclear and renewable energy, according to a joint declaration signed by János Süli, Hungary’s Minister without Portfolio responsible for the country’s Paks 2 nuclear facility
Lawmakers in Brussels have taken a step back from pursuing their plan to unveil a new strategy for EU trade and economic dealings with Taiwan, presumably hoping that sour relations with China won’t become worse. For months, EU and Beijing have been spatting due to bilateral sanctions instated by
Leaders of the Visegrad 4 (V4) group of countries – Czechia, Hungary, Slovakia and Poland – have invited South Korea’s industries to participate in the building of a high speed railway project that would connect two capital cities in central Europe. Their overture took place in the context of the prime
South Korea’s president and representatives of the Visegrad 4 (V4) group countries have pledged to boost their economic cooperation in the fields of electric vehicles, batteries and infrastructure, among others. In their meeting at the V4-Korea Business Forum on 3 November, President Moon Jae-in and the leaders of Czech
In the first visit to Taiwan by an official European Union delegation, 13 MEPs have met with Taiwanese premier Su Tseng-chang today in Taipei. Their visit comes in the wake of the EU having passed a resolution in October to “intensify EU-Taiwan political relations” and establish a bilateral investment agreement.
In conjunction with South Korean President Moon Jae-in’s 9-day tour of Europe, Slovakia and South Korea have inked a memorandum of understanding (MOU) that could result in the delivery of Korean-built defense training aircraft to Slovakia. Bratislava is looking to replace its fleet of training aircraft and plans on
South Korea’s president, Moon Jae-in, begins a 9-day tour of Europe this week, ending with a meeting of the regional “Visegrad 4” group, where boosting business cooperation in areas like batteries and electric vehicles will be on the agenda. Today, president Moon is scheduled to meet with his Hungarian
Chinese Foreign Minister Wang Yi commenced a whistlestop diplomatic tour of Europe yesterday in Greece, where he met his opposite number Nikos Dendias. Wang will also visit Serbia, Albania and Italy to talk trade, investment and cultural relations with the countries, all of which are participants in China’s Belt
Slovakia’s capital city Bratislava is having difficulty getting EU funding after the rapid rise in its GDP per capita in recent years. As with many Central and Eastern European capitals, Bratislava’s wealth has climbed well above the EU average, meaning that the city no longer qualifies for EU
Hungary has decided against a plan to expand the country’s ownership of agricultural land in some of its neighbors like Slovakia, through a EUR 400 million fund. The government said the land purchases were designed to support the agricultural activities of ethnic Hungarian minorities in Hungary’s immediate neighbors.
Uncertainty could loom over Europe for some time following this past weekend’s German elections, which did not produce a clear winner. Although the center-left Social Democratic Party (SPD) won by a narrow margin of 1.5% ahead of the center-right Christian Democratic Union (CDU), a long and wary period
In Slovakia, Tesco is now in the rear mirror for German supermarket chain Lidl, whose profits for 2020 (over EUR 126 million) have exceeded that of the British retailer, which has been the market leader in the country for some time. Lidl overtaking Tesco in Slovakia can be attributed to
If not partly or fully owned by the state, like utility and oil companies, the largest companies in the Visegrad 4 (“V4”) countries – Czech Republic, Hungary, Poland, and Slovakia – are mostly foreign-owned and typically operate in the automotive, retail and electronics sectors. They are highly productive and prosperous, driving their