Poland: trade up in Q1 2023

Poland booked a EUR 2.9-billion trade surplus in January-March, the Polish Economic Institute (PIE) said on May 18 citing data from the Central Statistical Office (GUS). PIE wrote that the surplus was partly due to a nearly 16% rise in export prices and an only 11% rise in import prices. The institute noted that export…

Ukraine: Ukroboronprom and Rheinmetall announce creation of joint venture

Ukroboronprom State Concern and Germany’s Rheinmetall concluded an agreement on strategic partnership through the creation of a joint venture. “Ukroboronprom State Concern and one of the global defense industry leaders – German company Rheinmetall – concluded a strategic partnership agreement. The goal is to strengthen the defense industry of Ukraine and its national security through…