Morshynska, Ukraine’s best-selling mineral water brand, is set to enter the Romanian market, targeting retail outlets and the HoReCa sector. Already popular in several European countries, as well as in the US and Canada, Morshynska’s expansion into Romania adds a key market to its European growth strategy. Despite the ongoing war, Morshynska’s production has surged,…
According to recent Eurostat data, Bulgaria continues to hold the lowest average salary within the European Union. In 2023, the EU-wide average annual adjusted full-time salary increased by 6.5%, reaching 37,900 euros, up from 35,600 euros in 2022, as reported by Statistics Europe. Luxembourg leads with the highest average salary, reaching 81,100 euros, followed by…
Baltic transmission system operators (TSOs) have confirmed the planned launch of a frequency reserve capacity, with the first auction date set for February 4, 2025. The launch of the frequency reserve capacity market is an important step in the Baltic power grids’ synchronization with the Continental European frequency area. The goal of the market is…
In September, Bulgaria’s retail trade sector, excluding the sale of cars and motorcycles, reported a slight rise in turnover, up by 0.4% from August’s figures, which had shown a 0.7% decline. This recent monthly increase follows eight consecutive months of growth, beginning in February. Compared to September 2023, retail turnover in September grew by 4.8%,…
The priority is to connect the three Baltic States with the European railway network until 2030 – this is a strategic necessity, and therefore the focus should be on the construction of the baseline, stresses Catherine Trautmann, coordinator of the North Sea Baltic Transport Corridor of the European Commission’s Directorate-General for Mobility and Transport. The…
Slovakia has confirmed its readiness to launch a new Kyiv – Bratislava train in the middle of December. This was discussed during the Sixth Meeting of the Ukrainian-Slovak Mixed Commission. On the Ukrainian side, the commission was chaired by First Deputy Prime Minister and Minister of Economy Yuliia Svyrydenko. The Slovak side was represented by…