Andrew Wrobel meets Valeri Chekheria, one of Georgia’s most forward-thinking entrepreneurs. Continue reading Sustainable Rooms
The Czech capital Prague is the 5th most popular European city for tourists, and is on course to welcome more than 8.5 million visitors in 2017, a 4.5 per cent increase on 2016. The figures were presented at the World Travel Market in November by Euromonitor International, which has been studying travel trends across the globe for the past decade.
Less than six years ago, Warsaw had only one airport — Okęcie — which has recently been expanded and in 2016 handled a record number of 12.8 million passengers. Today, there is Warsaw Modlin, located 40 kilometres north of Poland’s capital, served mainly by Ryanair flights, and Radom, about 100 kilometres south of the city, which opened three years ago at the cost of 120 million złotys (27.8 million euros) and recently lost its only regular carrier. Now the government is planning another airport in Stanisławów, some 45 kilometres west of Warsaw. The cost of the investment is estimated at 20 billion złotys (4.6 billion euros) and the first plane is scheduled to take off in mid-2027.
Almost 973 million passengers travelled by air in the European Union in 2016, 5.9 per cent more than in 2015 and 29 per cent more than in 2009. Central and Eastern Europe registered the highest increases, with Bulgarian and Romanian air traffic climbing by 22.5 per cent and 20.5 per cent respectively. The two regional leaders were followed by Hungary (up 14.1 per cent), Croatia (13.8 per cent), and Lithuania (13.3 per cent). According to Eurostat, the total number of people travelling by air from the CEE-EU11 member states exceeded 211 million. Continue reading CEE Boosted by Positive Tourism Trends Across the Region
The leader of Albania’s Democratic Party, Lulzim Basha, has accused the country’s new government of being “the result of drug money,” going on to say that prime minister Edi Rama had killed, via June 25th’s elections, an agreement made jointly with the Democrats to enact constitutional and electoral reform. Continue reading Albania’s Economy Booms Despite Political Infighting
In the first half of 2017, Riga-based airBaltic carried 1.56 million passengers to destinations spanning Europe, Scandinavia, Russia, CIS and the Middle East. Continue reading Air Passenger Volumes Reach Record High in the Baltics
“Bosnia and Herzegovina is a hybrid that does not work,” Milorad Dodik, President of Republika Srpska, one of two constitutional and legal entities of Bosnia and Herzegovina (BiH), said in May 2017. He is convinced that a referendum on the independence of this region will eventually take place. Continue reading Bosnia and Herzegovina: Focussing on Stability and Business Climate
Though not very well known on international markets, Romania is an important wine-producing country with a long tradition that pre-dates the Roman invasion. Continue reading Romanian Wine Is Making a Comeback
In 2016, almost 6.5 million international tourists visited Georgia, twice as many as the country’s population. Valeri Chekheria, CEO at Adjara Group Hospitality, talked to Emerging Europe about the country’s tourism potential.
When Ukraine makes the headlines, it is generally because of the war, which started in 2014, in the eastern part. This has hugely influenced the political and economic situation of the country, including the ease of doing business. However, it’s unjustified to think that, given the circumstances, investing in the whole country makes no sense. Continue reading Western Ukraine Could Be an Entry Point into the Country
Croatia joined the European Union on July 1 2013 and is still the youngest member state. The country suffered from the global economic crisis but is now on a straight path to growth. Emerging-Europe.com speaks to Ivan Vrdoljak, Croatian Minister of Economy, who had been in the office for two years prior to the country’s accession and is now ending his term as Croatia prepares for a general election in November. Continue reading Economy Minister: Croatia Is Out Of Recession And Looking To Achieve Further Growth
Water economy, high-quality food, wood processing and furniture production are Warmia and Mazury’s smart specialisations. The European Commission came up with a new innovation policy concept to promote the efficient and effective use of public investment in research and boost regional innovation.