The Czech government has approved a CZK700m (EUR25.9m) loan to help keep afloat hard coal miner OKD, an insolvent subsidiary of New World Resources.
Strong commercial real estate investment activity in the core Central European markets - Poland, the Czech Republic, Slovakia, Hungary and Romania - continued in the second quarter of 2016.
Poland has said it does not plan to renew a long-term gas supply contract with Russia when its current deal with Gazprom expires in 2022.
In 2015, GDP growth in Central and Eastern Europe (CEE) at 3.1 per cent was nearly double that in the Eurozone (1.6 per cent), with the long-term GDP outlook similarly positive.
Poland has been growing steadily over the past years, with 3.6 per cent growth in 2015, although some policies of the government, in office since November 2015, have dented investor sentiment and could slow growth, according...
According to the World Bank's Global Economic Prospects report, Serbia's GDP will grow 1.8 per cent in 2016 - which is equivalent to the January forecast - and by 2.3 per cent in 2017 - 0.1 percentage points more compared to...
Over 600 merger-and-acquisitions transactions were undertaken in Hungary in the period of 2010-2015, with a total value of more than USD9.1bn, EY said in a market analysis.
Volkswagen, facing trouble over alleged diesel fraud, is considering bringing its Skoda line to the US and is evaluating the possibility of entering North American markets in which it currently does not sell cars.
Czech company Odien Group is investing around EUR2m in a resort in Podstrana in Croatia by the end of this year, with another EUR8m in the next three years. This after taking over the Le Méridien Lav hotel and marina near...
Total profits in the Estonian business sector were EUR521m in Q1’16, 12 per cent down on the same period a year ago.