Representatives of the Infrastructure and Regional Development Ministry, State Administration of Roads and of the ONUR Turkish Company have signed a contract on the carrying out of rehabilitation works on the R33 road Hancesti-Lapusna. “I know that this has been expected ever since 2014. I promised that I would carry it through. This segment, of…
Bulgaria grapples with a notable decline in its trade sector, as preliminary data from the National Statistical Institute (NSI) reveal a significant downturn in exports and imports during the initial ten months of 2023. The figures paint a sobering picture: Bulgarian exports of goods to both the European Union and third countries took a hit,…
Donald Tusk, Poland’s new prime minister, has said that future of the Central Transportation Hub (CPK), the former government’s flagship project, will be determined in a transparent way. The financing of the CPK, a plan for a new airport with road and rail links to be located in the centre of the country, worth PLN…
Due to the protest of Slovak carriers in front of the Vysne Nemecke-Uzhhorod checkpoint, customs officers in Zakarpattia region are sending trucks to other checkpoints, Zakarpattia Customs reports. “To avoid the accumulation of queues in front of the Uzhhorod-Vysne Nemecke checkpoint, Zakarpattia Customs directs carriers to the nearest checkpoints for crossing the border, Chop-Zahony, on…
Ukraine produced almost 2 million tons of mineral fertilizers in 2023, according to Ukraine’s Ministry of Agrarian Policy and Food. The total production potential in Ukraine is up to 3 million tons of fertilizers per year. At the same time, the fertilizer industry has significant export potential. Therefore, the ministry plans to expand export markets,…
Investments from the USA and Canada in Bulgaria surpass the country’s official balance of payments report findings, as per a recent Institute for Market Economy (IME) study spanning five years. The IME’s Chief Economist, Lachezar Bogdanov, highlighted that global companies from these regions often centralized their European operations in countries like the Netherlands or Switzerland,…
Efforts to assist Ukraine in exporting its agricultural products have exposed the Baltic countries’ insufficient transport capabilities, Lithuanian President Gitanas Nauseda has said in Tallinn. He also urged the acceleration of the Rail Baltica European standard-gauge railway project. “Our efforts to help Ukraine to transport agricultural products pointed to the insufficiency of connectivity capacity in…