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Yearly Archives: 2022

Latvia: registered unemployment level reaches 6.7% at the end of 2021

LatviaBy admin2022-01-12Leave a comment

The registered unemployment level in Latvia at the end of 2021 was 6.7% of the economically active population, 0.3% more than the end of November 2021 and 1% less than the end of 2020, according to information from the State Employment Agency (NVA). At the end of December 2021, there were 60,774 unemployed people registered…

Estonia: expensive electricity to raise price of pastries

EstoniaBy admin2022-01-12Leave a comment

Increased electricity bills are eating away at the stocks entrepreneurs have managed to save up during the coronavirus crisis. Bakeries say that rising energy, raw material and labor prices will eventually lead to higher product prices. Sports club and waterpark Reval Sport is on a stock exchange price contract for electricity and board member Aldur…

Lithuania: key military purchase pushed forward amid Russia-Ukraine tensions

LithuaniaBy admin2022-01-12Leave a comment

The Lithuanian State Defense Council decided on January 10 that the country should buy multiple launch rocket systems (MLRS) earlier than planned. The announcement comes amid tensions in the region over Russia’s military buildup near Ukraine’s borders. “It was agreed to push forward the plans to procure MLRS together with the neighbouring Baltic countries,” Darius…

Georgia: Business Association sides with idea to expand pharma market with Turkish meds

GeorgiaBy admin2022-01-12Leave a comment

Georgia’s initiate towards Turkey to expand its pharmaceutical market for this country’s medicine is a reasonable and timely step, Business Association of Georgia (BAG) says. As Georgia’s PM Irakli Garibashvili said on January 10, this initiative would help reduce the prices of medicine on the market as well as allow for inflow of high-quality drugs…

Ukraine: industrial park with five production facilities to be set up in Kharkiv region

UkraineBy admin2022-01-12Leave a comment

An industrial park with five chemical industry facilities and a waste sorting line will be set up in Kharkiv region. “The Valky Town Council initiates the creation of the “Land and Water” industrial park with a total area of 23 ha. To this end, an investment project to build a waste sorting line and plants…

Ukraine: Ukrhydroenergo pays UAH 6.8 billion in taxes in 2021

UkraineBy admin2022-01-11Leave a comment

In 2021, PJSC Ukrhydroenergo paid UAH 6.8 billion in taxes, fees and other obligatory payments to the budgets of all levels. “The company, as the largest budget-generating state-owned company, in 2021 paid taxes, fees and other mandatory payments to the budgets of all levels in the amount of UAH 6.8 billion with a target of…

Uzbekistan: lion’s share in largest distillery to be sold

UzbekistanBy admin2022-01-11Leave a comment

Uzbekistan’s State Asset Management Agency (SAMA) intends to sell 99.7% in the share capital of JSC Kokand Biohim, the country’s largest producer of ethyl alcohol. The leading consultant for this transaction is the international company Deloitte. Founded in 1993, JSC Kokand Biohim produces 4,020 thousand dekaliters per year. Along with the production of alcohol, the…

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