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.
Penta looks to long-term success in the world's second largest pharma market after making a record €245mn consolidated net profit in 2017.
Private equity investor Advent International aims to turn Prague-based Zentiva into an independent European leader in generic drugs.
Czech Media Investment group, controlled by billionaire Daniel Kretinsky, will pay €73mn for Lagardere group radio stations operating in Czechia, Poland, Slovakia and Romania.
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.
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.
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.
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.
Slovenia took the lead in 12 categories on the Estonian e-Governance Academy Foundation's index measuring readiness to prevent and manage cyber threats, pushing Germany into second place.
Slovakia is closing the economic gap with the EU faster than Czechia, but still lags behind the Czech economy level in overall terms, says a new CSOB study marking the 25-year anniversary of the breakup of Czechoslovakia.
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.
Uber has experienced extremes in reaction to its controversial ride-hailing service in Central and Eastern Europe.
Slovakia’s GDP growth will be 4.2% in 2018 before further accelerating to 4.7% in 2019, the Slovak Central Bank (NBS) said in a forecast released on March 28.
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.
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.