Few people know that the first jet engine was built by Romanian engineer and aviation pioneer Henri Coandă. This engine was very different from modern designs.
Cyberpunk 2077, a Triple-A class title, created by Polish company CD Project Red, has become a worldwide success with over 14 million copies sold. It’s only one of a number of titles created by companies in the 3Seas region taking the world by storm.
Quantum physics is not the most intuitive of scientific disciplines. The group of people who can grasp its essence is quite elite and includes a large proportion of Polish scientists. Will Polish scientists trigger a long-awaited quantum revolution?
The recent meeting between U.S. Development Finance Corporation officials and Three Seas Initiative representatives in Poland signals a transformative leap for infrastructure investment and strategic collaboration in the region.
JUICE spacecraft is on its way to Jupiter's moons, carrying a lot of Polish technical contributions on board.
Picture this: a world where you can launch your business online, navigating the digital landscape with ease, in just about 15 minutes, no matter where you are on the globe. That's the kind of freedom Estonia has offered since 2014 with its groundbreaking e-Residency initiative.
Hungary, traditionally not known for its aviation prowess, makes a significant mark in the global aerospace sector with Magnus Aircraft Fusion – an ultralight aircraft, showcasing the nation's innovative potential and dedication to advancing aviation technology.
It is quite safe to say that the world would be a different place without a groundbreaking invention by Polish chemist Jan Czochralski, which you can thank for the scores of products you use daily. Think smartphones, laptops, and scores of other electronic gadgets.
At Jagiellonian University in Cracow, the world's first prototype of a prism fuel cell was created using a technology that eliminates the need for cobalt and graphite. But that's not all.
For such a small country that relatively recently regained its independence, Estonia and its space ambitions reach impressively high within clearly defined specializations.
In 2023's first half, the Czech Republic saw a 12,500-unit surge in firearm sales, a 28% increase from last year's same period, driven largely by Ukraine's ongoing unrest.
In Latvia, Q2 2023 data reveals an 11.7% annual wage increase, dwarfing the 0.1% rise in consumer prices, signaling a potential rebound in purchasing power after a two-year lull.
Estonia's EISA has announced a call for proposals with a €35,000 budget to overhaul e-Estonia's global digital branding, aiming for broader international outreach.
In a phone conversation, Hungary's Minister Péter Szijjártó and Bulgarian President Rumen Radev emphasized deepening energy cooperation, highlighting Bulgaria's growing role in natural gas transit for Hungary.
Lockheed Martin's Polish Division, Polskie Zakłady Lotnicze Mielec, advances in aviation with the unveiling of a crucial F-16 component, marking a pivotal stride in European defense amid rising regional tensions.
At Tihany's Tranzit Festival, Finance Minister Varga Mihály highlighted Hungary's need for economic stabilization post-crises before considering Euro Zone membership.
Hungary's automotive sector secures a HUF 10 billion (EUR 26.2 million) investment from Slovenia's Andrada Group for an advanced battery recycling plant in Alsózsolca.
Czech Railways (ČD) reports a notable surge in 2023 passenger numbers, driven by foreign tourists and modernized services, though still shy of pre-pandemic levels.
Boasting a 17,000 sq. m space, €25 million investment, and five-year development, Šiauliai Airport's state-of-the-art hangar, the largest in the Baltic region, officially opened.
Poland accelerates its space endeavors, partnering with the European Space Agency (ESA) to send an astronaut into space in 2024 and boost its space tech sector.
Slovakia Charges €72.23/Track Unit for Overflight; NKÚ Points to LPS's Elevated Employee Benefits.
Czechia's Ministry of Industry rolls out a pioneering digital nomad initiative, aiming to draw global IT talents and enhance its economic and intellectual landscape, with an efficient 45-day application process.
Slovenia's top electronics retailer, Big Bang, is set to acquire Serbian online retailer BC Group, bolstering its ambitions in the regional online market.
Lithuania's Interior Minister, Agnė Bilotaitė, in discussions with Baltic and Polish representatives in Warsaw, announces plans to close additional border crossings with Belarus.
Globally renowned architectural giant is expanding , securing a prime spot in the EU's tallest building, Varso Tower, in Warsaw, highlighting the city's rising prominence in the European architectural scene.
A8 Motorway construction gains momentum as Dorinel Umbrărescu's consortium secures the Târgu Mureș – Ungheni segment amidst challenges from opposing bids.
Enefit Green pioneers a shift to sustainable energy in Ida-Virumaa, constructing a unique 3-megawatt solar park atop mining waste rock.
Riga International Airport has announced a comprehensive €200 million revamp of its primary passenger terminal and infrastructure, aligning with modernization efforts and the vision for 2030 sustainability goals.
As Taiwan's beer market diversifies, Lithuanian brews, particularly the notable "Ekstra," are gaining momentum, resonating with the tastes of the younger generation and reflecting global health trends.
Poznań is celebrated as Poland's top city to reside in, with Katowice trailing closely behind, as revealed by a recent Business Insider Polska ranking.
The MVM Group unveils plans for a 1,600 MW power plant in Tiszaújváros, marking a significant step towards energy self-reliance for Northern Hungary.
Rimac Automobili's limited-edition Nevera Time Attack hypercar, restricted to just 12 units, has broken over 20 records in 2023, including a groundbreaking performance at the iconic Nürburgring circuit.
Facing €5 billion in flood damages, Slovenia charts a recovery roadmap, leveraging funds from a €3 billion reconstruction pool, and potential contributions from the EU's €400 million Solidarity Fund.
Slovakia reports a surprising 0.4% GDP growth in Q2 2023 despite economic challenges.
Estonia's Q2 2023 Wages Surge to €1,873 Mean and €1,524 Median, with ICT Sector at the Helm.
Bulgaria sees a notable surge in foreign direct investment in the first half of 2023, with major contributions from the Netherlands, Austria, and Belgium, as reported by the Bulgarian National Bank.
Driven by significantly cheaper food prices in Poland, Czech consumers are increasing their cross-border shopping, resulting in a 400% rise in card payments from 2021 levels.
Pärnu County witnesses the rise of the Raba solar farm, a joint venture between Sunly and Metsagrupp, aiming to power 14,000 households annually, with Swedbank funding the €17.8 million project.
Q2 2023 sees Lithuanian startups significantly boosting the economy, with a 15% increase in tax payments amounting to €93.8 million, and the employment sector expanding by 5%
Poland's industry declines as producer prices hit deflation, GDP growth predicted at 0.4%-0.7% for 2023.
Austria’s Enery is set to construct a 535 MW solar facility in Romania, ranking it as the country's second-largest solar project, with backing from the Three Seas Initiative Investment Fund (3SIIF)
Poland's household savings crossed a historic milestone in Q1 2023, amidst rising inflation challenges, according to the Polish Development Fund.
Slovenia experiences a Q2 economic uptick driven by exports, yet faces uncertainties due to recent floods and changing economic conditions.
In Lithuania, VMG is set to spearhead its industrial expansion with the inauguration of a state-of-the-art furniture factory in Akmene.
Bulgaria's termination of Lukoil-Neftohim's oil terminal license may ripple through its economy, impacting fuel costs and jeopardizing thousands of jobs.
Employment in Polish corporate firms rose by 0.1% in July year-on-year, with average wages surging by 10.4%.
Two months in advance, Bulgaria achieves 90% fill-rate in Chiren gas storage, outpacing EU targets.
Estonia is set to nearly double its wind energy output with upcoming additions to its current 150 turbines, aiming for a significant rise in renewable energy consumption by 2030.
In H1/2023, Hidroelectrica witnessed a 46% rise in net profit to €800 million, revenues reaching €1.42 billion.
Biedronka, Poland's premier budget supermarket, is making strides into the Slovak market.
After a two-week transit, the Orlen Lietuva oil refinery welcomes a colossal 100-meter reactor, weighing 2.5 thousand tons, for a 970 million euro upgrade, targeting full operation by 2025.
Slovakia is close to welcoming its 100,000th overseas worker, with the current count at 98,400 — up 17.1k year-on-year.
Lithuania’s Defence Minister Arvydas Anušauskas urges to revisit its stance on the Convention on Cluster Munitions amid global debates on the weapon's ethics.
In 2022, Poland witnessed a 27.3% surge in its foreign workforce, with over 1 million international workers, primarily from Ukraine and Belarus.
In H1 2023, Poland achieved a trade surplus of EUR 6.6 billion, with exports totaling EUR 176.4 billion and imports at EUR 169.8 billion, as reported by Statistics Poland (GUS).
Elektrilevi announces a €1 billion upgrade for Estonia's power networks, with an additional €14 million dedicated to strengthening island infrastructures.
Slovakia earmarks nearly €2 billion from the Modernization Fund for decarbonization by 2030, targeting both the heating and industry sectors.
Croatia's DOK-ING ramps up demining support in Ukraine with a projected delivery of 25 machines by 2023 amidst a prolonged conflict.
Jamie Shea, former NATO official, underscores Poland's rapid ascent in European defense, positioning it as a potential military leader in the region.
Are you ready to set sail on an adventure aboard the largest sailing ship in history? Then hop aboard the Golden Horizon, a majestic vessel that will take you on a voyage you'll never forget.
Romania sets an ambitious goal: 200km of new highway by 2024, with a potential increase to 300km, as the nation seeks to bridge its infrastructure gap.
In Q1 2023, Polish household savings reached a record 2.03 trillion zloty (€456 billion), up 7.4% YoY, with financial assets at 2.85 trillion (€640 billion), amid rising inflation rates.
In the first half of 2023, Bulgaria's VMZ recorded an 80% increase in sales, reaching 392 million leva, driven largely by the ongoing conflict in Ukraine.
In a strategic move to fortify its cloud security offerings, Bitdefender announces the acquisition of Singapore's Horangi Cyber Security.
In Estonia's bustling start-up scene, salaries have surged 14%, reaching an average of 3,243 euros monthly, with the sector employing 9,927 individuals mid-year.
Poland's Orlen Group commits EUR 4.73 billion to a 1.2 GW Baltic Sea wind project, marking a pivotal step in the nation's renewable energy ambition.
Poland ascends in Kearney's 2023 Global Services Location Index, securing Europe's second spot and a commendable 13th position worldwide for modern business investments.
Zagreb's Eccos, with 25 years of expertise, penetrates the German market, spearheading a Frankfurt data center project after their acclaimed 80-facility European Commission contract.
Slovenské Elektrárne's Mochovce plant's third unit, with a capacity of 471 megawatts, nears its 90% completion mark, signaling a significant stride towards the nation's energy self-sufficiency.
The 2023 UNTOLD Festival injects a staggering €70M into Cluj-Napoca's local economy, setting a new benchmark.
The fDi Insights report on the best and the brightest investment destinations is out. Let's see where we stand in terms of the 3Seas Region.
In 2021, Hungary's fintech landscape experienced significant transformation, marked by robust growth, evolving business focuses, and changing employment trends.
Romania embarks on a strategic defense upgrade, seeking parliamentary approval to purchase 32 Lockheed Martin F-35A Lightning II aircraft from the U.S
Prime Minister Marcel Ciolacu announces Romania's RePowerEu plan, channeling 1.4 billion euros towards photovoltaics and home energy efficiency, aiming to benefit over 60,000 households.
In 2023, Poland's Świnoujście LNG Terminal distributed over 4,000 cisterns of natural gas, marking its most robust performance since its 2016 inauguration.
Poland: Zakopane's Social Media-fueled Middle Eastern Tourism Boom.
Jabil's massive manufacturing site in Osijek, Croatia, represents the largest post-independence private venture in Croatia.
In the latest quarter, Estonia witnessed a tourism boom, welcoming over 1.1 million foreign tourists and enjoying a revenue surge of an additional €62 million compared to last year.
Lithuanians, lured by lower prices, boosted their spending in Poland to 3.2 million euros, marking a 2% increase from the previous year, especially on school supplies and essentials.
Gdańsk Port witnesses historic surge with 41.2 million tons of goods rolled through in H1 2023.
€16 million investment for the expansion of Bulgaria's Chiren gas storage has been approved.
Lately Czech Republic witnessed a 14.3% spike in tourism, with domestic visitors outpacing foreign guests.
Mubea's €60 million push in Slovakia aims at electromobility growth, with a focus on cooling plates for EV batteries.
Lithuania's public sector embarks on a sustainable journey with a €38 million EU boost for electric and hydrogen transport.
Poland ascends to prominence in offshore services, securing a notable 13th rank in Kearney's 2023 Global Index, with India, China, and Malaysia still dominating the sector.
The European Commission greenlights a significant investment to modernize and elevate Czech railways.
In response to an escalating labor demand, Hungary is set to roll out nearly half a million jobs, with a focus on hiring international workers.
As Bulgaria gears up for eurozone entry in 2025, economic forecasts anticipate a stable shift with limited inflationary effects.
Estonia stands out with top honors in work culture in the latest Expat Insider rankings, showcasing its strong appeal to global professionals.
North Korean hackers purportedly pilfer $100 million from Estonia's Atomic Wallet, sparking debates over Estonia's crypto oversight.
June 2023 marked a record month for Slovenia as it experienced its highest ever merchandise exports and trade surplus of an unprecedented €671 million.
Romanian energy powerhouses, OMV Petrom and Romgaz, are committing massive investment towards the development phase of the Neptun Deep project.
Romania emerged as the EU's top exporter of wheat and barley in July 2023, while its import volumes remained low.
Recent data reveals a dynamic Q2 for Estonia's cash economy, marked by a surge in ATM transactions, a rise in the circulation of banknotes, and persistent exchanges of the phased-out Kroon currency.
The Polish Economic Institute's recent report reveals Poland as Ukraine's second biggest supplier delivering essential commodities for both wartime needs and everyday survival.
Polish Prime Minister Mateusz Morawiecki discuss a plan to reroute Ukrainian grain exports through Baltic ports, capable of handling 25 million tons annually.
One in three Baltic investors prioritize green initiatives, but the majority remain indifferent to where their investments are directed.
Latvian residents' investments in savings bonds have skyrocketed to 150 million euros.
Defying economic predictions, Lithuania's economy has displayed remarkable resilience with a surprising 2.8% GDP growth in the second quarter.
Unemployment in Poland hits an unprecedented low, with the rate dropping to just 2.7%
Japanese car maker, Suzuki, announces a significant investment to enhance production and promote sustainability at its Esztergom plant in Hungary.
The re-launch of the pivotal thermal power plant construction in Iernut has been announced. The 430 MW capacity project is set to be completed in 16 months.
According to a recent Foresight Center report, Estonia could become a key player in the global chip sector by harnessing opportunities in chip design, verification, and security testing.
Amidst evolving immigration patterns in 2023, Lithuania experiences a significant increase in foreign residency.
Baltic states, including Lithuania, Latvia, and Estonia, have reached a significant agreement to disconnect from the Russian-controlled by early 2025
Deposits in Croatian banks increased by 600 million euros.
Czech Republic received €1.91 billion more from the European Union's budget than it contributed.
Czechia's potential adoption of the Euro by 2030 is met with substantial resistance.
Bulgaria rebounds from early 2023 deficit, reporting a budget surplus of €60.4M in H1 2023, amid increased tax revenues and higher public expenditure.
VÚB Bank's H1 profits nearly doubled to €135M, closing in on the top-earning Slovenská sporiteľna.
Industrialist Michal Strnad is injecting funds into defense firms, catalyzing expansion and job growth.
CEC Bank strengthens its commitment to agricultural support, finalizing the acquisition of a majority 99.993% stake in the Rural Credit Guarantee Fund.
Wallenius Marine, a Scandinavian shipowner, plans new cargo routes from Poland to Sweden's central ports.
The deficit soared to nearly EUR 20 billion instead of projected 19.8 EUR 20 billion.
In the 2023 EU-wide stress test Poland's Pekao emerged as the most resilient bank, serving over 6.4m customers with assets worth EUR 66.3b.
Despite economic challenges, OMV Group's landmark gas field discovery in Wittau, Austria, promises to enhance the country's annual gas production by half.
In a historic move, Chinese battery titan Sunwoda is set to construct its first European plant in Nyíregyháza.
Estonia's credit rating falls to A+ from AA-, citing rising government debt and a predicted 1.6% economic contraction for this year.
With an 87.02% punctuality rate from 46,500 flights, LOT Polish Airlines claimed the title of Europe's most on-time carrier in H1 2023.
Poland's premier game studio with a €2 billion valuation, has been bought by Chinese tech giant marking a milestone in the Polish merger and acquisition history.
In the first half of 2023, Croatian Telecom (HT) saw a 6.2% YoY increase in revenues, reaching €492m.
The groundbreaking North Adriatic Hydrogen Valley, a joint initiative involving Slovenia, Croatia, and Italy, is set to kick-off in September.
Bulgarian migrant workers sent back a total of €587 million to their home country in the first five months of 2023
Even though the count of electric cars is relatively low, Poland still tops the EU with the highest proportion of eco-friendly cars.
PGZ Naval Shipyard announced a financial upturn with gross profits of PLN 2.47 million.
Romania has ascended to the 10th position in Europe and the 30th worldwide as a desirable location for offshore services.
An aim is to develop new environmentally-friendly data centers and improve optical fiber networks in the region.
Profits for the first half of the year rose to 488 million euros, a substantial increase of 248 million euros from the previous year.
The ambitious plans anticipate a further tripling of capacity by the year 2025
In a major push to expand its UK footprint InPost has invested £49.3m in the British logistics heavyweight.
Among OECD countries Czechia hits 10th place with significant improvements driven by infrastructure advancement and capital investment.
The number of households expecting a worsening of their economic situation in the next year has fallen compared to June.
435 000 glasses of beer were served per day. That’s a lot of beer!
The Bulgarian National Bank plans to use current coin designs for the Euro, targeting a Eurozone entry by 2025.
Ignitis Group aims to establish the most extensive fast-charging network in the Baltic States.
Czech tourism in Poland soars, with a 50% rise in bookings on Slevomat and a 158% surge in interest on Dovolena.cz, favoring the Baltic Sea coast.
A satellite embarks on its final pre-launch journey to the Czech Republic, marking the next step in Estonia's ambitious space exploration initiative.
The initiative, scheduled for completion by 2026, is expected to place Ljubljana on the map as a central location for Sandoz's biosimilar production.
The funds reached 11 start-ups under the InoStartas program, with plans to fund more projects, reinforcing Lithuania's burgeoning tech industry.
A significant upsurge in foreign direct investment, representing a leap from 922.7 million euros during the same period in 2022
What would you do if you found a wallet full of money? Would you give it away or keep it for yourself? Researchers analyzed this dilemma and came up with the fairest societies.
Bulgarian passport provides its holders with visa-free entry to 176 countries.
A step that signifies a stride towards a sustainable economy, and presents growth opportunities.
The poll indicates that the issue of inflation and living expenses has seen a 7-point dip since the start of the year.
The most promising resource of Belarus is rapidly and dramatically shrinking. Already, tens of thousands of Belarusian specialists, IT professionals, and programmers have applied for visas under Poland's Business Harbor program.
Despite the absence of new contributions in 2023, the fund continues to grow.
The tax, divided into a registration fee and an annual payment, is set to be implemented from July 1, 2024.
Slovakia's top 17 armament manufacturers have seen a dramatic increase in profitability.
The air transport sector led with an average net wage of EUR 1,962, while clothing manufacturing stood at the lower end with EUR 747
According to GSE Report Estonia also takes 10th position among burgeoning start-up ecosystems.
In June 2023, 29,400 Ukrainian businesses were listed in Poland's Central Registration and Information on Business.
With the successful launch of three satellites and another one on the horizon Slovenia’s contribution to ESA is significant.
Taking the third place in the EU for photovoltaic expansion, Poland emerges as solar powerhouse.
The company attributes this achievement to the work of its chemists and engineers and the introduction of the new Enefit280 unit.
However, not all sectors saw positive results, with the total reported tax loss increasing by 3.4%
The transition to the new currency entails a transitional period in which the lev and the euro will coexist.
20 investment initiatives were greenlighted for this year, which are anticipated to generate 1160 jobs.
This is the result of a 250% growth in the industry over the past 5 years.
The new investment by DPD Croatia will serve both the Croatian and Slovenian markets.
The problems with recruiting ICT specialists are not only a concern for Bulgaria.
The survey revealed that 80% of respondents rarely utilize foreign ATMs and also tend to pre-exchange currency before travel.
Latvia is working towards definitive disconnection from the Russian and Belarusian-controlled network.
Localized in Trieste, Hungary-owned port is set to become a key link in the Chinese trade route.
Romanian firms' record profits amid inflation spur 'greedflation' debate over unjustified price hikes.
War waged by Russia in Ukraine propelled a worldwide emphasis on security and cyber resilience.
Despite the uncertain economic environment, Estonian banks have demonstrated robust performance.
Lithuania wants to increase competition and the range of financial services. Poland is natural candidate.
One of the two branches of the Fund will be located in Warsaw due to Poland’s significant €42 million investment.
Short-term gas storage services brought majority of company’s post-tax €200m profit.
Main goal: To Increase R&D investments to 3% of national GPD
Poland is slowly catching up with the EU's third-largest economy - Italy
Compared to the last year sales revenues rose by 73.7 %
On the other hand public institutions continue to maintain a high degree of trust
NEoT Capital and the Three Seas Investment Fund (3SIIF) have formed an alliance to remodel public and commercial transport in Central and Eastern Europe (CEE). Thanks to this partnership, it might just happen sooner than we think.
Observed production volume growth in Estonia’s has reached 2.2% in comparison to average 0.1% in rest of EU, but...
Driving European progress, the Three Seas Fund's subsidiary, CARGOUNIT, supercharges its expansion with a game-changing locomotive lease to Romania's Unicom Tranzit.
Hungary's share of new EVs outpaced Czech Republic, Poland, and Slovakia.
Funds will help 1500 companies to develop their business ventures and innovative ideas.
Over €400 million will be allocated to this initiative, with Lithuania alongside 15 other European Union nations
Poland will soon take over a portion of the maritime freight traffic from the leading port in Hamburg.
European Parliament irritated with Austrian veto on Schengen expansion. Strong accusations have been made.
One of two competing bidders is a mystery. Could it possibly be Polish Orlen?
The government has made a decision on the most important Polish energy endavour.
After four years of delay, there is literally a light in the tunnel.
The Czech government has proposed a new way of participation in the international project to increase interconnectivity between the countries of Central and Eastern Europe.
The Company plans to become direct supplier to German manufacturers.
High energy prices and their volatility contribute to record profits of Estonian gas industry powerhouse.
Good News for Romania and Bulgaria: EU Commission is Working Toward Expanding Schengen by the End of Year
The Polish Government is getting rid of Russian influence on Poland’s economy.
The renewable energy sector in Europe is fast-paced, filled with high-stakes ventures and potentially game-changing technologies. EUR 150 mln from the 3SIIF will ensure R.Power establishes itself as a leading player in the European renewable energy market.
Raiffeisen Bank to expand in Romania, targeting younger demographics, with a proven digital banking model from Poland.
OMV's Neptun Deep project is set to make Romania the EU's largest gas producer and OMV one of Europe's largest, according to CEO Alfred Stern.
Slovenia, Croatia, and Italy signed the Ancona Declaration, enhancing North Adriatic Sea cooperation for safety and growth.
Canada will double its troop presence in Latvia as part of a CAD 2.6 billion program, Prime Minister Justin Trudeau confirmed on July 10th.
Today NATO leaders are meeting in Vilnius for a summit to discuss Ukraine's NATO membership prospects and defence funding.
No restriction plaques here. Interactive and futuristic, the Copernicus Science Center in Warsaw is a paradise for science enthusiasts, kids, and adults alike! Increasingly popular, it provides direct contact with scientific achievements.
Waldemar Buda, Poland's Minister of Development and Technology, announced an upcoming ESA agreement to support Polish space sector companies with contracts and funding
Bulgaria has seen a 200% growth in military exports in 2021 and 2022, earning 1.6 billion leva, according to Economy Minister Bogdan Bogdanov.
Estonia's annual inflation fell to 9.2% in June 2023, down from 11.2% in May, according to the Bank of Estonia.
Latvia has been granted Category 1 status by the US Federal Aviation Administration (FAA), enabling direct commercial flights to the US.
"Via Baltica" is a major highway project in Lithuania. The plan is to expand and improve the existing road by constructing a four-lane highway from Kaunas to the Latvian border.
It seems that flying drones have reached their optimal shape when it comes to the control and the propulsion systems consisting of four or more rotors. Is there anything else that could be invented in this regard?
A new report, The Global Wealth Report by Boston Consulting Group (BCG), reveals that Croatians become wealthier.
Poland has secured over 15% of the Connecting Europe Facility (CEF) transport fund, amounting to nearly €1 billion for 11 projects.
Finally! It's hard to believe, but the Polish administration is increasingly relying on digital solutions. The idea of GovTech is breaking the typical bureaucratic inertia in innovating and digitizing the public sector.
The Slovak government has greenlit a significant investment project, "Winkelmann Building + Industry," for a water storage tank production plant in Rimavská Sobota.
The Piletilevi Group, the largest ticket sales platform in the Baltic states is acquiring an 80.2% stake in Romania's top and oldest ticket company, Bilete.ro, marking its first geographic expansion.
The European Steel Congress, "Steel 2023", will be hosted in Katowice, Poland on September 18-19, attracting industry leaders from the steel production, processing, and distribution sectors.
Beata Daszyńska-Muzyczka, President of Poland's National Economy Bank (BGK), has been appointed by President Andrzej Duda as the special ambassador for the Three Seas Initiative.
The Nordic Investment Bank (NIB) and Rigas Siltums AS have agreed on a 10-year, EUR 20 million investment program to upgrade the district heating infrastructure in Rīga, Latvia.
The Doppler Group is selling its fuel business, Turmöl, consisting of 266 petrol stations in Austria, to Polish oil company, Orlen.
The Brăila Suspension Bridge, the largest of its kind in Romania and third-largest in Europe, was inaugurated today.
A survey conducted by Moller Baltic Import shows that 43% of Estonians would prefer to purchase an electric or hybrid vehicle. Of the 700 respondents, 70% viewed low fuel consumption as a critical factor when buying a car.
PGE Energetyka Kolejowa and Łukasiewicz Research Network - Poznań Institute of Technology have signed a letter of intent to develop and promote hydrogen technology in the railway sector in Poland.
Romania has launched the European Institute for Sustainable Development in Poland to encourage the transfer of international expertise and support the application of sustainability principles in public policies.
Prague Airport has experienced a significant rise in passenger numbers in 2023, especially for popular routes to London, Paris, and Milan.
A third of luxury cars like Bentleys, Bugattis, Ferraris, Maseratis, and Lamborghinis registered in Estonia are listed as business vehicles.
The World Latvian Economics and Innovation Forum (WLEIF) 2023 is being held in Riga, marking its 10th year of fostering connections between Latvian entrepreneurs and those in diaspora.
Lithuania's central bank would gladly welcome the entry of German banks into the country's banking sector, in an attempt to increase competition.
On monday Hungarian Foreign Minister Péter Szijjártó and his Kuwaiti counterpart, Sheikh Salem Abdullah Al-Jaber Al-Sabah, discussed a range of topics including the Ukraine war, terrorism, migration, and enhancing Hungarian-Kuwaiti cooperation during a meeting in Budapest.
For the first time since 2008, Croatia recorded a positive migration balance in 2022 with 11,685 more immigrants than emigrants, largely owing to the influx of foreign workers.
Slovenian climber Janja Garnbret has set a record by winning her 40th World Cup event in Villars, Switzerland on July 1, becoming the first athlete to achieve this milestone.
Estonia is launching a cyber awareness campaign in July to address the dangers present in their cyberspace.
The first tender for the establishment of a new approach channel to the expanding port in Świnoujście has caused concern in Germany.
Orlen, Poland's leading oil company, announced its intention to begin constructing an offshore wind farm in the Baltic Sea by early 2024.
Slovenian authorities have increased state subsidies for new or used zero-emission cars and vans, with up to €6,500 available for cars costing less than €35,000.
According to a Eurobarometer poll, 49% of Bulgarians support adopting the euro, while an equal percentage oppose it. Over the last year, support has increased by five points and opposition has dropped similarly.
The Estonian firm, Biometaan OÜ, and its Finnish counterpart, Convion, have begun selling fuel cell-powered mobile power plants in the Baltic region.
The largest event of its kind in Lithuania, posing a significant challenge for the country's institutions.
Hungary's Magnus Aircraft Ltd. is set to commence a EUR 175 million project to construct an 18,000-square-meter aircraft manufacturing complex in Wuxi, China.
Poland and the European Space Agency (ESA) are actively considering the opportunity to send Sławosz Uznański into space.
Austrian Interior Minister Gerhard Karner (ÖVP) met his counterparts from Hungary, the Czech Republic, Poland, and Slovakia in Bratislava to discuss views on migration.
Russian investments in Latvian companies have decreased to €322.01 million, a 55.54% drop compared to 2016.
The US State Department has approved a potential $5.6 billion sale of 24 Lockheed Martin F-35 Joint Strike Fighters to the Czech Republic. The deal also includes various weapons, parts, and equipment.
Saaremaa-based company Baltic Workboats is leading the construction of a groundbreaking semi-autonomous military vessel, that represents Estonia’s largest project funded by the European Defense Fund.
Slovenia’s most significant solar power plant has commenced operations. The €5.5 million facility, which has a maximum output of 6 MW, is expected to provide power to roughly 1,800 households. Its unique feature is its direct connection to the 110-kilovolt transmission network and the hybridization with the Brežice Hydropower Plant.
Rimac Automobili, the Croatian-based automaker, has delivered its first Nevera hypercar to the United States. The vehicle was personally handed over to its owner by Rimac’s dealer, Manhattan Motorcars, in New York.
The European Parliament’s Petitions Committee has adopted a resolution urging the Council to allow Romania and Bulgaria into the Schengen zone by the end of 2023.
In the second half of the 20th century, Poland was an IT rarity in the Eastern Bloc. Under the conditions of a centrally planned economy, Polish engineers created successive generations of industrial and personal computers from scratch.
Speedtests don't lie. Bulgaria is considered a pioneer in 5G availability and median download speeds in Central and Eastern Europe.
Tadeusz Kościuszko and Kazimierz Pułaski – two Polish war heroes – played significant roles in the American Revolutionary War and considerably influenced the development of the US military.
One of the most ambitious geopolitical projects of our time is getting closer to completion. Investment in communications infrastructure, which is the very foundation of the development of the Three Seas Initiative, is gaining the highest priority.
It was to rule the waves and lead the Austro-Hungarian Kriegsmarine to victorious battles. Alas, it was sunk by a small torpedo. The first and last Hungarian battleship's fate is also linked to the story of a certain Polish invention.
It started innocently enough. The first presentations of an autonomous land drone designed by the Estonian company Milrem showed a vehicle capable of carrying wounded and supplies. Meanwhile, THeMIS grew claws and saw real combat.
The digitalization and development of the Internet have created a new operational domain – cyberspace, vulnerable to hostile actions that only a few countries are prepared to repel. One of them is Estonia.
Two years ago, there were claims that the Polish Solidarity Transport Hub was unnecessary since the infrastructure of Western Europe is sufficient to transport people and goods over long and short distances. It turns out that the opposite is true.
Slovenia has renewed its interest in playing the role of gas hub using the same resources that were abandoned in 2012 due to economic reasons in favor of cheap Russian fuel.
For 50 years, the Polish company Melex has been creating EVs, which sell like hot cakes all over the world - long before electric vehicles became fashionable.
Many most critically acclaimed games were developed in 2022 by Central and Eastern European GameDev studios. What makes them unique are the ideas, the audio-visual design, the technology, and the fresh, inspiring touch.
Poland's space legacy continues as the government confirms the nation's second astronaut is set for an ESA mission to the International Space Station.
Enthusiasm for nuclear energy in Poland is not waning. In addition to the full-size Korean and American reactors, another one will be built. The National Center for Nuclear Research, with the help of Japanese specialists, will design a new experimental reactor.
Bulgaria is beginning preparations for minting Euro coins, according to an announcement made by Bulgarian President Rumen Radev. The process of replacing the Lev with the common European currency is gaining momentum, at least in the symbolic sphere.
The issue of atomic energy for Poland is accelerating. Three major players – reactors manufacturers - were fighting for the contract to build Poland's first power plant. The showdown between them was as if modeled on the Game of Thrones intrigues.
It took a lot of planning and hard work – and still, from up close, there's not much to see... However, the picture comes into focus as you rise above the horizon. The image of the white eagle, the emblem of Poland, miraculously depicted with trees into the Polish landscape.
His ideas have been used by the world's biggest car companies. The dashing Bulgarian inventor and entrepreneur Roumen Antonov made waves in the automotive world with his avant-garde ideas and daring technical solutions.
The war in Ukraine caused by revived Russian imperialism requires us to remember the real meaning of the word freedom. The Three Seas Generation Freedom Conference will once again bring together recognized experts from around the world.
Rationalism - the keyword in the creation of Latvian nationhood and statehood. How the modern Latvian nation came into being, and what rational considerations guided its founding fathers.
Czechia is known around the world for its gorgeous landscape, tasty food, and... beer(!), but a not-quite-as-obvious fact is that Czechs have been blazing trails in science for centuries. We've picked four innovative achievements with Czech origins that deserve recognition.
Founding father of Slovakia, L'udovit Štúr, was a national activist, linguist, codifier of the Slovak language, and undisputed national hero. His contribution was crucial to the formation of the Slovak nation.
Thanks to massive advancements in technology, distance is becoming less and less important. In April 2021, a group of doctors from Lublin became the first in Europe to bring surgery to a realm so far only imagined in science-fiction novels.
Laser beams from a small Central Eastern European country are beginning to reach the farthest corners of the world. How did Lithuania become a giant in the laser industry, and how have their lasers become such an export hit, playing a significant in their economy?
Today, Lithuania, Latvia, and Estonia are the most vulnerable members of the North Atlantic Treaty Organization (NATO). Would these countries be able to defend themselves against threats from the east?
One of the results of the Central European awakening has been a series of geopolitical initiatives undertaken by nations trying to find their way in this new reality. An idea made even more relevant in the face of Russian aggression in Ukraine.
The Port of Gdańsk, as the leading container terminal on the Baltic Sea, is slowly becoming a key transport hub in the development the 3Seas Initiative (3SI). In fact, the entire Polish coast, with its key transshipment ports. is turning into a so-called Northern Gateway.
Creating telecommunication connections and innovative digital solutions is the key to the success of the 3 Seas Initiative (3SI) - the most important geopolitical project of our times. Latvia's rotating chairmanship of the 3SI begins in 2022. And this is a good thing.
A conference for the future leaders of the Three Seas Region.
The digitalization of battlefields has already become a reality. To conduct effective operations, every army needs situational awareness on both strategic and tactical levels. What if we could also monitor soldiers' medical condition in the middle of battle?
In 2024, a two-year construction project for a Polish wind farm in the Baltic Sea will begin, comprising 70 turbines, which will generate over 1 GW of power. Located 22 km offshore, these new turbines will generate more power than a recently-commissioned Danish farm with 72 turbines.