CEE Equity Partners announces closing of second fund after $800mn pours in

bne IntelliNews April 19, 2018

Second China-CEE Investment Cooperation fund expected to grow to $1bn later this year after first closing on $800mn, and will expand investment focus to encompass healthcare, tourism, education and agriculture.

Czech media oligarchs add radio stations to their media empire

Jaroslav Hroch in Prague April 17, 2018

Czech Media Investment group, controlled by billionaire Daniel Kretinsky, will pay €73mn for Lagardere group radio stations operating in Czechia, Poland, Slovakia and Romania.

Visegrad car associations ask EU to decrease emission limits

Jaroslav Hroch in Prague April 16, 2018

Automakers argue strict limitation of emissions levels could cause a significant drop in production of cars in the V4 where the economies of Czechia and Slovakia in particular depend heavily on the car industry.

Polish inflation slowdown confirmed as CPI expands just 1.3% y/y in March

bne IntelliNews April 15, 2018

The slowdown in inflation will only entrench the Monetary Policy Council in its dovish position.

Leaked document shows EU’s initially hardline approach to Gazprom

bne IntelliNews April 12, 2018

European Commission had planned to adopt a tough stance on Gazprom's allegedly “abusive practices” in selling gas to CEE, but current approach could let Russian energy major off the hook without serious consequences.

RBI offloads Polish business to BNP Paribas

bne IntelliNews April 10, 2018

The deal will bulk up BNP Paribas’ local business to the sixth largest on the competitive Polish market, while for RBI it is a long-awaited exit from a difficult market.

CEE monthly bond wrap: Russia defies the west with two bond issues

bne IntelliNews April 5, 2018

Bond issues from emerging markets were strong in the first quarter of this year with bond traders ignoring the political brouhaha.

CEE cities take on the challenge of climate change

Carmen Valache in Berlin April 4, 2018

Cities are critical to climate change mitigation efforts, and while CEE municipal authorities have to contend with region-wide challenges like demographic decline and a chronic lack of funding, they are no laggards in this area.

Slovak workers most likely to be replaced by robots, says OECD study

bne IntelliNews April 4, 2018

66mn jobs could be lost as new artificial intelligence and machine learning technologies are adopted in OECD countries, with the biggest impact expected in Slovakia, Turkey and Lithuania.

Global trade war to hammer Eastern EU members

By Clare Nuttall in Bucharest April 3, 2018

The small, open economies in the eastern part of the European Union will suffer disproportionately if the global trade war currently brewing extends to Europe, analysts have warned.

COMMENT: Guest-workers won’t solve CEE labour shortage woes

Richard Grieveson of the Vienna Institute for International Economic Studies March 29, 2018

Central Europe is facing a growing labour shortage crisis that could limit growth if solutions are not found. Ukraine has already been a big winner but cannot solve the problem by itsself.

Poland buys Patriot missile defence system from US Raytheon for $4.75bn

Wojciech Kosc in Warsaw March 28, 2018

The largest military deal in Poland's history will bolster the country's capability to respond to an attack, as Warsaw is increasingly wary of Russia’s geopolitical ambitions.

Online growth companies make “New European Tigers” roar

bne IntelliNews March 26, 2018

Eastern EU member states are catching up with their Western counterparts in terms of education, internet access and investment in infrastructure, boosting GDP growth and creating a fertile environment for online businesses.

Ukraine plays tough as 21 countries unite to kick out Russian diplomats

bne IntelliNews March 26, 2018

More than 100 diplomats thrown out in the largest collective expulsion of Russian intelligence officers in history, as the US and countries across Europe show solidarity with London over the poisoning of the Skripals.

Bulgaria, Romania top women in tech index

bne IntelliNews March 23, 2018

Bulgaria has the highest proportion of women working in tech industries, while the gender pay gap for the sector is lowest in Turkey, a new study from recruiter Honeypot shows.

Poland stages retreat on controversial laws ahead of EU summit

bne IntelliNews March 23, 2018

The move is believed to follow pressure by Prime Minister Mateusz Morawiecki on the ruling PiS party to ease tensions between Warsaw and Brussels ahead of a two-day EU summit.