Arrival of a major brand stirs buzz and fuss around, but Depo in Lithuania has taken a different approach. If not for a couple of modest-size articles in local press, the residents of Klaipeda, where the Latvian hardware giant opened its first store, few would have noticed the coming. “Indeed, the whole opening they had…
Last week Latvia’s Saeima conceptually supported legal drafts that provided for raising micro-enterprise tax rate from 9% to 15% and refusal of introduction of minimal social fees starting from 2017. This means the end for the story that riled up the population at the end of the year. Or perhaps it’s just the beginning. In…
Ukraine buys up to 9 million tons of coal per year from the occupied territories of Donbas, Deputy Prime Minister Volodymyr Kistion said. “We receive coal in the amount of up to 9 million tons per year from the occupied territories”, he said. Kistion added coal was supplied by the companies that were registered and…
Nordica airline, which was founded in 2015 by the Estonian state, released on December 15, the estimate that it would transport about 400,000 passengers in its first full year of operation. The company’s communications manager Piret Sauter said that over the last few months, Nordica had transported more passengers than any other airline at Tallinn…
At the meeting with Turkey’s Prime Minister Binali Yildirim, Vice-Premier, Minister of Economy of Moldova Octavian Calmic said the authorities sought to open an economic representative office under the Embassy of Moldova in Turkey for implementing joint projects with the country. Besides, the expansion of the trade and economic ties between the two countries is…
In January-October the foreign trade deficit in goods in Ukraine totaled $2.089 billion against $397.1 million of proficit in the same period last year, the State Statistics Service of Ukraine reported. In particular, in January-October the exports of commodities from Ukraine totaled $29.113 billion, down by 7.9% YoY. The import volumes of goods to Ukraine…