Russian energy giant Gazprom is concerned over delays in the ratification of the South Stream gas pipeline agreement by Serbia, a Gazprom official said on Wednesday. Russia and Serbia signed an agreement on January 25 as part of the South Stream project to construct a pipeline for the transit of Russian natural gas through Serbia to the Balkans and onto other...

Agriculture analysts expect Hungary’s farm sector to expand 10-15% this year, and value added in the sector could expand even more, by 15-20%, a study by Kopint-Tárki and Agrar Europa shows. Kopint-Tárki chief researcher Márton Szabó said the expansion would bring Hungary’s farm sector back to 2006 levels following a 14%...

BERLIN — Germany's Robert Bosch GmbH announced a 30M euro ($46.8M) investment in new projects in Poland, according to local reports. Most of the pledged investment is planned for the company's joint-venture with Japan's Denso to manufacture diesel particulate filters near Wroclaw. Bosch also plans to invest in a 130-person IT center and office building...

BERLIN — Romania tells two stories. On the one hand, foreign investors consider the country the most attractive destination for investment in Central and Eastern Europe. According to a survey by the Center for European Economic Research (ZEW), 37 percent of foreign investors polled consider Romania the most attractive site, ahead of Poland at 34 percent...

BERLIN — Russian electronics conglomerate Sitronics took a net loss of $234M (150M euros) for fiscal year 2007 while semiconductor unit revenues outperformed all other divisions. The company's microelectronic solutions unit, which includes semiconductor manufacturing, saw revenues soar 77 percent to $217M (139M euros) year-on-year. "Strong sales...