Last year, Naftogaz Group’s key enterprises improved their financial results by at least 40% compared to 2022. The relevant statement was made by Naftogaz Group’s press service. “In particular, Ukrgasvydobuvannya JSC generated about UAH 13 billion in net profit in 2023 compared to UAH 2.9 billion in 2022. Ukrnafta PJSC also significantly improved its results,…
Poland’s Zabka, which is the largest convenience store chain in Central and Eastern Europe, has launched its first shop abroad after opening an outlet in Romania. The firm hopes to have a total of 200 stores in the country until the end of the year, adding to the over 10,000 it already has in Poland…
“Toplofikatsia Sofia”, the capital’s heating supply company, has proposed a significant reduction in the price of thermal energy starting from July 1. According to their application to the Energy and Water Regulatory Commission (EWRC), the company aims to lower the price per megawatt-hour to 97.78 leva without VAT, which represents a 29.11% decrease from the…
Prime Minister Donald Tusk has announced that an additional 100 million zloty (EUR 23.4 million) will be allocated to Poland’s security agencies in response to the growing threat of covert action by Russia and Belarus. Poland has in recent days been struck by a series of unexplained fires, though Tusk echoes other government figures in…
The National Bank of Ukraine (NBU) predicts that consumer price growth will moderately accelerate in the coming months as the effects of last year’s higher harvests and this year’s warm weather wear off and businesses’ labor costs rise. This was reported by the central bank’s press service. “In April, the decrease in annual inflation stopped,…
Naftogaz Ukrainy NJSC and Swedfund International AB have signed a Memorandum of Understanding to establish cooperation in projects on the modernization of combined heat and power plants (CHPPs) and renewable energy development in Ukraine. The relevant statement was made by Naftogaz Group’s press service. “According to the document, Swedfund will provide grant financing through its…
According to Dimitar Radev, the Governor of the Bulgarian National Bank (BNB), Bulgaria will not meet all the requirements for joining the Eurozone by the time the convergence report is released in June. Radev made this announcement during a conference organized by the Association of Honorary Consuls, which focused on Bulgaria’s Eurozone accession. Radev attributed…