Slovakia

A collection of 188 posts

VW floats idea of CEE exit

VW floats idea of CEE exit

German carmaker Volkswagen (VW) may close its plants in Central and Eastern Europe (CEE) if the natural gas shortage persists beyond this winter, procurement manager Geng Wu said.  Volkswagen will consider bringing factories closer to the point of sales, in the medium-term, Wu added, citing the worldwide shortage of microchips

'The Chinese always have a multi-layered approach' - CEPA expert Tamas Matura talks China in CEE with CET

'The Chinese always have a multi-layered approach' - CEPA expert Tamas Matura talks China in CEE with CET

Hungarian Sinologist Tamas Matura argued in his recent report for CEPA that China wields little influence in Hungary, despite the Hungarian government’s decade of support for Beijing in the EU. However, shortly after the release of the CEPA report, China’s CATL announced plans to build a EUR 7.

Batteries are powering CEE's e-mobility transition - CET analysis

Batteries are powering CEE's e-mobility transition - CET analysis

As the EU accelerates its shift to electric vehicles by outlawing internal combustion engines by 2035, the auto industries in Central Europe are transiting to e-mobility. Battery plants can play a key role in the absorption of manpower as conventional car making is phased out, while pulling in new electronic

Corruption not seen as major issue by majority of firms in Poland, Czechia, Austria- Ipsos poll

Corruption not seen as major issue by majority of firms in Poland, Czechia, Austria- Ipsos poll

Corruption is considered a very serious problem by 59% of business leaders in Romania, the highest percentage in the EU, according to a recent survey from Ipsos European Public Affairs. Perceptions of graft vary greatly across the continent and business sectors, according to the pollster, which was commissioned to carry

As CEE energy costs soar, IMF says customers should pick up the bill

As CEE energy costs soar, IMF says customers should pick up the bill

The International Monetary Fund (IMF) has recommended that European governments let consumers bear the brunt of rocketing domestic energy bills, in part to encourage power saving. In the wake of Russia’s invasion of Ukraine, energy consumer prices are rising 40% year-on-year in the euro zone, drastically reducing disposable incomes,

CEE foreign ministers convene for energy, security talks

CEE foreign ministers convene for energy, security talks

Austrian Foreign Minister Alexander Schallenberg said it is extremely important that the EU provide support to Africa, when he and his opposite numbers from Slovakia, Czechia, Hungary and Slovenia gathered in Budapest on Thursday. Russian President Vladimir Putin is taking advantage of the famine caused by his war in Ukraine,

Slovakia to tax Russian-processed oil

Slovakia to tax Russian-processed oil

The Slovak government approved a proposal to impose an extra import tax on Russian-processed crude oil on Wednesday. The levy would impact Slovnaft, a subsidiary of Hungarian energy firm MOL that has a refinery in the Slovak capital of Bratislava, Hungarian-language Slovak daily Uj Szo wrote. Slovak Finance Minister Igor