When will the CEE region produce its first unicorn?

In business, a unicorn is a company that achieves a valuation in excess of $1 billion in less than three years. With this in mind, we need to be honest with ourselves. We will not get a massive stream of unicorns in the near future coming out of the CEE region. Instead, we will be able to foster man...

Locked content V4 demands that EU take action on double standards in food quality

The Prime Ministers of the Visegrad Group nations, Poland, Hungary, Slovakia, and Czechia, urged the European Commission to fight double standards of food quality. After several studies have shown that many of the foods sold by multinational producers in eastern Europe contain cheaper, lower-quality...

Locked content EU to fight double food standards

European Commission President Jean-Claude Juncker said on Thursday that the same food products should have the same ingredients throughout the whole European Union, signing with several CEE countries who are fed up with being sold the inferior products. “”I don’t like the idea that there...

Locked content Szydło: High hopes for development of Poland-China economic ties

 Poland has great hopes for development of economic cooperation with China, Prime Minister Beata Szydło said on Saturday in Riga during a China-CEE summit. According to her, participation in the summit of 16 CEE states with China is part of Poland’s strategy of dialogue with China. The prime ministe...

Locked content Ciech records PLN 160 million in profit

Ciech reported a PLN 161.93 million net profit in Q2, up from last’s year PLN 86.25 million. Revenues stood at PLN 867.13 million, up by PLN 27 million. Net profit in H1 was PLN 241.96 million. “We continuously aim at lowering our costs, making our products’s quality better and exp...

Locked content Poland signs joint declaration with 11 CEE countries

On August 25, officials from 12 Central and Eastern European countries signed a joint declaration on cooperation in economy, energy, transport and digitalization in Dubrovnik, Croatia. The declaration was adopted by Poland, Austria, Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Ro...