As of May 26, the Export Credit Agency has already supported merchandise exports worth UAH 1.24 billion. At the same time, the ECA’s insurance liability amounted to UAH 312.07 million. This means that each hryvnia of export support provided through the ECA in 2023 will potentially generate UAH 3.97 in foreign exchange earnings. In total,…
Fuel company PKN Orlen plans to offer drivers a summer discount on petrol and diesel purchases, the newspaper Rzeczpospolita writes. According to the paper, Orlen could cut the price of both fuels by PLN 0.33 (EUR 0.06) a litre, in a move similar to a promotional campaign it carried out last summer. The discounts will…
Unlike residents in Estonia and Lithuania, who spend more than 0 to 40 euros on various everyday needs, residents in Latvia usually spend no more than 10 euros on the same expenses. In other cases Latvian residents do not set any borders for spending habits at all, according to results of a survey among the…
Over 12,000 citizens from the southern Cimislia district have access to quality road infrastructure. Parliament Speaker Igor Grosu visited the recently rehabilitated road segment, which crossed the settlements Satul Nou, Selemet, Sagaidacul Nou and Mihailovca. The road has a length of about 15 km, and about 156 million lei was invested for its renovation. The…
The Verkhovna Rada has voted in favour of draft laws No. 9275 and No. 9276, which abolish VAT and import duties on drone components for the duration of martial law. 284 and 289 MPs supported the bills respectively. The Government continues to promote the production of UAVs in Ukraine. After all, drones technologically strengthen the…
Since the start of the Affordable Loans at 5-7-9% State Programme, business entities have received 62,598 loans from authorised banks totalling UAH 201.45 billion, of which 41,517 from public sector banks totalling UAH 87.63 billion (as of 29.05.2023). Over the past week, 606 concessional loans totalling UAH 2.8 billion were issued under the programme, including…
Olerex, an Estonian fuel retailer, is purchasing 45 gas stations in Latvia under the brand name Latvijas Nafta. This is the fourth Latvian gas station chain that Olerex has acquired in the past two years. Olerex acquires the Latvian tank terminal from its current proprietor, East-West Transit, via its holding company, Aqua Marina. Olerex entered…