Russia

Romania secures EUR 650mn factory investment as Nokian Tyres looks to replace Russian output

Nokian Tyres will build a EUR 650mn passenger car tyre factory in Oradea, western Romania, creating around 500 jobs, it…

2 years ago

Polish energy giant PKN Orlen mulls purchase of German refinery

Polish refiner PKN Orlen is considering buying a majority stake in the PCK Schwedt refinery in north-east Germany, which until…

3 years ago

Baltic countries to fully ban entry for Russian citizens, while EU plans major restrictions

Lithuania, Latvia and Estonia are finalising coordinated agreements on restricting entry for the Russian citizens with Schengen visas, the three…

3 years ago

Hungary to call for removal of Russian oligarchs from EU sanctions list – report

Hungary will not agree to the extension of EU sanctions against Russia unless visa bans and asset freezes against three…

3 years ago

Hungary to push on with Paks II project, as nuclear agency issues partial construction permit

Hungary's National Atomic Energy Authority (OAH) has granted a partial licence in connection with the expansion of the country's only…

3 years ago

Bulgaria wavers on pivot back to Russian energy

Bulgaria has resumed discussions with Russian state energy company Gazprom regarding the country's natural gas supplies, interim Energy Minister Rossen…

3 years ago

Estonia becomes latest CEE country to be targeted by Russian hackers Killnet

Estonia has repelled its most severe hacking attack in 15 years, the government announced on Thursday. The hack of the previous…

3 years ago

EU member states split over strictness of visa policy for Russians – CET analysis

After months of deliberation, Estonia banned Russian citizens with tourist visas from entering its territory on Thursday, effective as of…

3 years ago

Russian oil deliveries to CEE resume after MOL intervention ends week-long stasis

Crude oil flows to Hungary, Slovakia and Czechia will recommence after Hungarian energy firm MOL paid the August transit fee…

3 years ago

As Russia turns off the taps, Hungary negotiates deal to get gas transits wholly via southern TurkStream pipeline

Hungarian Foreign Minister Peter Szijjarto announced Monday that he is in negotiations with Russia’s Gazprom regarding a long-term gas supply…

3 years ago

Lithuanian PM defends decision to permit Russian transits to Kalingrad

Lithuanian Prime Minister Ingrida Simonyte reacted to criticism on Thursday over her country’s acceptance of the transport of civilian-use goods…

3 years ago

Hungary declares energy emergency

The Hungarian government declared a state of emergency and ditched its flagship policy of subsidising domestic utility bills on Wednesday,…

3 years ago

While Slovakia cuts Russian gas, Serbia agrees ‘extremely favourable’ deal with Putin

As Europe attempts a highly complicated manoeuvre to phase out Russian energy, two countries in Central and Eastern Europe (CEE)…

3 years ago

CEE states urge EU to rebuild Ukraine with seized Russian assets

In a letter to be sent to EU finance ministers, Slovakia, Lithuania, Latvia and Estonia jointly call for frozen Russian…

3 years ago

OMV to transfer euros to Russia for payments to Gazprom

Austrian energy group OMV announced on Friday that it was opening an account with Russian Gazprombank for ruble conversion. The development…

3 years ago

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…

3 years ago

EU may compensate CEE countries for hit from Russian oil embargo

The European Commission (EC) could channel funds to countries in Central and Eastern Europe (CEE) to help reduce their dependence…

3 years ago

NATO ups air presence in CEE airspace

NATO has around 30 surveillance and fighter jets in airspace outside of Ukraine and Belarus at any moment according the…

3 years ago

Von der Leyen makes surprise visit to Budapest

European Commission President Ursula von der Leyen paid an unexpected visit to Budapest on Monday evening to discuss the EU’s…

3 years ago

EU offers CEE countries extended deadline for Russian oil embargo

The EU has revised its proposal to ban Russia oil imports by the end of 2022, in order to give…

3 years ago