Robotisation spreads in auto-heavy CEE
Robotisation has risen sharply in CEE, according to a new report entitled “How do Economies in EU-CEE Cope with Labour Shortages?”...
automotive
Romania secures EUR 650mn factory investment as Nokian Tyres looks to replace Russian output
Nokian Tyres will build a EUR 650mn passenger car tyre factory in Oradea, western Romania, creating around 500 jobs, it announced...
Romanian auto industry rallies to surpass pre-pandemic levels in first nine months
Passenger car production was up 21.2% year-on-year, to 381,971 units, in Romania in the first three quarters of 2022, according to figures...
Robots not killing jobs in CEE – researchers
Increasing robotisation does not lead to more layoffs, according to a newly released study of worker flows in Central and Eastern...
Germany’s traffic-light coalition means new road ahead for CEE carmakers
As Germany opens a new chapter with an unprecedented three-party coalition led by Social Democrat Chancellor Olaf Scholz, the Central European...
EU cries foul over US tax credit proposal for EVs
The European Union is not happy with proposed US tax credits towards the purchase of electric vehicles (EVs), which it says...
South Korea, Visegrad 4 countries upgrade successful economic collaboration during president’s visit
South Korea’s president and representatives of the Visegrad 4 (V4) group countries have pledged to boost their economic cooperation in the...
Hungary’s first fully electric car rolls off the line in Kecskemét
Daimler AG has begun production of a purely electric model, the Mercedes-Benz EQB, at its Mercedes plant in Kecskemét, Hungary. An...
Global microchip shortage hits Czech auto sector
Due to the global shortage of microchips the Czech Republic's biggest exporter, auto manufacturer Skoda, has announced a significant production cut...
South Korean leader to ink deal in Budapest
The government is currently discussing investments with 14 South Korean companies, Hungarian Foreign Minister Peter Szijjarto said after meeting his opposite...