Following the results of the competition, the supervisory board of First Investment Bank JSC, which was nationalized and transferred to the management of the State Property Fund, was elected. This was announced on Telegram by the head of the State Property Fund Vitalii Koval. “The nationalized (sanctioned) PIN bank received independent members of the supervisory…
During the Ukraine Recovery Conference (URC2024), the U.S. corporation DFC announced a financing package that includes political risk insurance for Ukraine for $350 million, First Deputy Prime Minister and Economy Minister Yulia Svyrydenko said. “Each recovery conference had a component to discuss war risk insurance. At the third conference, in Berlin, there was a certain…
Poland’s Health Ministry has introduced a monitoring system for opioid prescriptions amid concerns over a growing number of cases relating to the use of fentanyl, a synthetic opioid 20 to 40 times more potent than heroin linked to almost 75,000 deaths in the United States last year. Since the beginning of this year, Poland’s state…
In the first quarter of 2024, labor costs per hour worked in the European Union showed significant increases, according to the latest data from Eurostat. Across the EU, these costs rose by 5.5% YoY, while in the euro area, the increase was slightly lower at 5.1%. Labor costs for firms encompass not only wages and…
With a shortage of mortar shells in reserves across Europe, Lithuania, Latvia and Estonia are setting up their own ammunition factories to be ready in case of a potential attack from Russia. In Lithuania, Latvia and Estonia – three Baltic States on the edge of the European Union that all share a border with Russia…
The Polish city of Bialystok hosted a meeting of representatives of the dairy sector of Ukraine and Poland. The meeting brought together State Secretary of the Ministry of Agrarian Policy and Food of Ukraine Viktor Kantsurak and Secretary of State at the Ministry of Agriculture and Rural Development of Poland Stefan Krajewski. Dairy associations were…
Since the launch of privatization auctions via the Prozorro.Sale platform, 6,000 successful auctions have been held, raising more than UAH 17.2 billion. The press service of JSC Prozorro.Sale announced this on Facebook. “Over the six years of implementing the small-scale privatization reform, Ukraine has raised more than UAH 17.2 billion from the sale of state…