Tag: Hungary

Poland leads in growth of residential rents in the EU – Warsaw surpasses Prague and Vienna

Poland has experienced one of the fastest rent increases across the European Union in the last five years – with double-digit increases in its...

PastPay raises 12 million euros in Series A. Largest round for B2B BNPL in Central and Eastern Europe

PastPay, a B2B payment solutions provider, has announced a series A funding round worth €12 million, led by Platina Capital in collaboration with several...

Columbus Energy sells the first tranche of photovoltaic projects with a capacity of 6.25 MW to the GoldenPeaks Capital Group

Columbus Energy has completed the first tranche of the sale of photovoltaic farm projects to the GoldenPeaks Capital Group. The total capacity of the...

Bioceltix Announces Positive Clinical Trial Results for Arthritis Treatment in Horses

The stock market-listed veterinary biotech company has announced preliminary positive results from the clinical trial of BCX-EM, a product designed to treat arthritis in...

Tax Reform Needs Long-Term Vision, Not Quick Fixes: Experts Urge Predictability for Businesses

"Tax reform shouldn't take three months or a year, it should take an entire term. So far, there's been a lack of courage to...

Crypto Market Faces Renewed Fear, Hungary Pauses Rate Cuts

It seems as though investors have dismissed the dollar. Despite better data, it is not returning to grace. Meanwhile, the Hungarians are taking a...

Hungary Pauses Interest Rate Cuts as Inflation Falls to 4.1%

Hungary defied market expectations by maintaining its base interest rate at 6.75%, ending a streak of ten consecutive rate cuts. However, this should not be...

Despite Over a Million Homes Built in the Last Decade, Housing Conditions for Poles Have Not Improved. Government Programs Also Fail to Deliver

Despite a strong cultural preference for homeownership in Poland, many people are still unable to afford to buy a home. The "Safe Credit 2%"...

Dollar Recoups Losses, but Cautiously. Weak German Data, Polish Unemployment Back at 5%

The holiday season sometimes brings days when not much happens in the markets. This year, there have been relatively few such days, but yesterday...

Europe still dependent on Russian energy resources

The European Union is still dependent on Russian resources – a portion of EU states continue to import network gas from Russia. This particularly...

US Job Market Shows Slight Improvement, While Stable Inflation Boosts Hungary’s Forint

This week, data from the US labor market turned out to be better than expected, although it's still hard to call them good. In...

Piotr Iwo Chmielewski Assumes Presidency of Rohlig SUUS Logistics in Family Succession

Piotr Iwo Chmielewski has taken over as President of the Management Board of Rohlig SUUS Logistics, the largest Polish logistics operator through family succession....

Renewable Energy Overtakes Fossil Fuels in EU: Poland on the Rise

In the first half of this year, EU's energy share from renewable sources compared to fossil fuels was 30% to 27% respectively. This means...

Cichy-Zasada Group Expands Portfolio with BYD Partnership, Opening First Showrooms This Summer

The Cichy-Zasada Group, a leader in the Polish dealership market, is entering new partnerships, this time with the Chinese brand BYD - one of...
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