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Latest Special Report:
Ukraine Investment
Special Reports Archive
COMMENT: Ukraine's options remain open
Tomas Fiala of Dragon Capital
COMMENT: Yanukovych's first 100 days could redefine his legacy
Brad Wells of Concorde Capital
COMMENT: Chasing yields in Ukraine, but not reform
Lucas Romriell of BG Capital
COMMENT: Ukraine in 2010 back on the upward track of 2000
Oleksiy Blinov of Astrum Investment Management
A Ukrainian engine of growth
James Marson in Kyiv
Special Reports Archive





Top Stories
 
Impeachable credentials
Nicholas Watson in Sofia
Mon, 15th Mar -- The offices of the Bulgarian prime minister may be just across the road from those of the president in Sofia, but a metaphorical chasm has opened up between the two institutions as the ruling GERB party insists it will press on with a plan to impeach President Georgi Parvanov.
 
New boss to put Pekao in Pole position
Jaroslaw Adamowski in Warsaw
Mon, 15th Mar -- As Poland's biggest private bank with a market capitalisation of over €33.5bn, Bank Pekao shares some of its bison logo characteristics: while solid and robust, the banking giant is also thickset and sluggish. Alicja Kornasiewicz, the new CEO of Pekao, wants to change that.
 
Restraining Serbia's eastern expectations
Ian Bancroft in Belgrade
Mon, 15th Mar -- Despite the heady optimism that accompanied Russian President Dmitry Medvedev's visit to Serbia last October during celebrations to mark the 65th anniversary of Belgrade's liberation by the Red Army, the six months since have been marked by a bout of wintery cold realism regarding Serbia's eastern prospects.
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News
Impeachable credentials
Nicholas Watson in Sofia
Mon, 15th Mar -- The offices of the Bulgarian prime minister may be just across the road from those of the president in Sofia, but a metaphorical chasm has opened up between the two institutions as the ruling GERB party insists it will press on with a plan to impeach President Georgi Parvanov.
 
Tender it, and they will come
Bogdan Turek in Warsaw
Fri, 12th Mar -- Poland is revelling in the interest being shown by construction companies from outside the EU to build its highways at prices cheaper than those offered by EU or even domestic companies - a development that's likely to lead to a major shake-up of the Polish construction industry.
 
Kremlin moves to rescue car industry
Ben Aris in Moscow
Thu, 11th Mar -- Russian Prime Minister Vladimir Putin appeared on telly at the start of March to call on Russians to buy a Russian-made car as the Kremlin's rescue plan for the beleaguered sector moves into high gear.
 
Turkish delight as banks prosper
Nicholas Watson in Prague
Wed, 10th Mar -- Reports in March that 10 bidders are interested in buying a 21% stake in Turkish lender Garanti Bank confirms the huge interest that foreign investors have in the country's banking industry. And a look at the sector's latest financial results shows just why.
 
Albania looks to leverage 2009 growth to sell Eurobond
Clare Nuttall in Almaty
Tue, 9th Mar -- As one of only two European countries to actually grow in 2009, Albania's government regards now as a good time to issue its first-ever international bond. To maintain that strong growth, though, analysts warn Tirana needs to step up the reform process.
 





Features
New boss to put Pekao in Pole position
Jaroslaw Adamowski in Warsaw
Mon, 15th Mar -- As Poland's biggest private bank with a market capitalisation of over €33.5bn, Bank Pekao shares some of its bison logo characteristics: while solid and robust, the banking giant is also thickset and sluggish. Alicja Kornasiewicz, the new CEO of Pekao, wants to change that.
 
Restraining Serbia's eastern expectations
Ian Bancroft in Belgrade
Mon, 15th Mar -- Despite the heady optimism that accompanied Russian President Dmitry Medvedev's visit to Serbia last October during celebrations to mark the 65th anniversary of Belgrade's liberation by the Red Army, the six months since have been marked by a bout of wintery cold realism regarding Serbia's eastern prospects.
 
CONFERENCE CALL: Shale gas and hot air
Matthew Day in Warsaw
Wed, 10th Mar -- Large parts of CEE appear to be sitting on one of the world's largest deposits of shale gas, and this has got the energy world excited. To quote one executive attending the "III CE Gas Summit 2010" in Warsaw in February: "It is a bit like discovering there's life on Mars."
 
INTERVIEW: EBRD puts up $1bn to help Kazakhstan diversify
Clare Nuttall in Almaty
Fri, 12th Mar -- There is a window of opportunity to diversify Kazakhstan's economy as the crisis ebbs and before commodity prices shoot up again, the EBRD's country director for Kazakhstan tells bne, and the bank plans to invest up to $1bn to support the government's development plans.
 
BRICKS & MORTAR: Tbilisi looks to stop the rot
Samantha Shields in Tbilisi
Tue, 9th Mar -- Tbilisi's mayor, Gigi Ugulava, is hoping a scheme to provide loans for property development will help preserve the city's elegant yet crumbling historic centre and breathe life into a local economy whose construction sector was badly hit by the global economic crisis.
 





Comment
BLACK SEA BLOG: IMF money alone won't be enough for Romania
Bogdan Preda in Bucharest
Thu, 11th Mar -- It all looks pretty positive in comparison to Greece: Romania got another two instalments totalling €2.3bn from the IMF at the end of February, pushing the central bank's reserves to an all-time high of almost €30bn. But IMF cash won't be the miracle cure to pull the country out of the crisis.
 
COMMENT: The EU needs to act at home to counter Gazprom's power
Iana Dreyer of the European Centre for International Political Economy
Wed, 3rd Mar -- There is a clear link between most CEE gas markets still being monopolies and Europe's vulnerability to decisions by Gazprom to turn off the gas tap. A few antitrust cases in the new member states would go a long way toward remedying this.
 
COMMENT: Estonia has earned right to fair euro assessment
Gunter Deuber and Nicolaus Heinen of DB Research
Fri, 26th Feb -- An enlargement of the euro area is drawing nearer. A long way ahead of all the other candidates, Estonia has a good chance of becoming the 17th country to join the Eurozone. The question is only whether it can already do so in 2011.
 
VISEGRAD: Report highlights the power of CEZ
bne
Thu, 18th Feb -- Ahead of the European Commission's report into CEZ's alleged anti-competitive practices, Candole Partners has published a report that analyses the structure of the Czech electricity market, and in doing so dispels some myths it claims are perpetuated by the utility's supporters in politics, the media and financial circles.
 
MOSCOW BLOG: Kremlin moves to clean up image
bne
Thu, 11th Feb -- The Kremlin has launched a charm offensive to counter the Russia-bashing that has dominated the international coverage of Russia since Vladimir Putin took power in 2000.
 





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