Poland’s manufacturing sector purchasing managers’ index, PMI, edged up to 44.5 points in October from 43.9 points in September, as the overall downturn eased for the second month running, according to a report by S&P Global. “Business conditions at Polish manufacturers continued to deteriorate sharply in October,” S&P Global wrote in the report on Poland.…
Dronamics, the world’s first cargo drone airline licensed to operate in Europe, and Hellenic Post (ELTA) have announced an agreement that will lead to the first postal deliveries by cargo drones in Greece. Dronamics, which designs, develops and operates cargo drones, will provide medium-distance deliveries to Hellenic Post, the national postal service of Greece. The…
The collections to the national public budget managed by the State Fiscal Service (SFS) amounted to 51.96 billion lei in January-October, up by 16.6% YoY. Thus, about 22.3 billion lei was collected to the state budget, up by 15.1%. Collections worth 5.9 billion lei were registered in the local budgets, up by 20.7%. Also, 17.7…
In October, businesses returned to reporting guarded expectations for their current economic performance. This is evidenced by the business activity expectations index (BAEI), which the National Bank of Ukraine calculates on a monthly basis, apart from the forced break in March-May 2022. “Persisting considerable security risks, the destroyed production facilities of some companies, logistical hurdles…
In Lviv region, UAH 1 million in proceeds from sale of oil were transferred as donations to the Armed Forces of Ukraine, the Lviv Regional Prosecutor’s Office reported. “With the participation of the Stryi district prosecutor’s office, the court granted the request to turn physical evidence into state revenue. More than UAH 1 million was…
As Bulgaria braces for the onset of the heating season, the cost of natural gas is skyrocketing, with Bulgargaz EAD announcing a substantial 36% price hike. The company’s proposed price for November stands at BGN 82.12/MWh, excluding excise duty and VAT, marking a significant financial burden for consumers. The surge in natural gas prices is…
Poland has been the EU’s largest pumpkin producer since 2020, according to a government agriculture support centre. Over the last ten years, pumpkin production in Poland grew 8-fold, to 400,000 tons annually, the National Support Centre for Agriculture (KOWR) reported, quoting Eurostat data. According to Eurostat, in the years 2014-2020, Poland’s pumpkin cultivation area grew…