In December 2024 the general fund of the state budget of Ukraine received UAH 13.1 billion in excise tax on manufactured and imported excisable goods, up by 45% YoY. The revenue target was achieved by 104.1%, with an additional UAH 0.5 billion coming to the budget. In December 2024 the revenue targets for alcoholic beverages…
The January 6 launch of the new Tallinn-Riga-Vilnius route marks the return of passenger rail service connecting the Baltic States. While the full journey – with transfers at Valga and Riga – takes over ten hours, Estonia, Latvia and Lithuania’s rail operators hope to attract riders for shorter legs. On January 6 Baltic Station (Balti…
Businesses in Bulgaria remain on high alert, described as “code yellow”, due to persistently high electricity prices. Vasil Velev, Chairman of the Board of the Association of Industrial Capital (AIKB), stated that protests had been postponed following assurances from parliamentary groups. They have pledged support for legislative provisions that would empower the Ministry of Energy…
Minister for Strategic Industries of Ukraine Herman Smetanin met with Ambassador Extraordinary and Plenipotentiary of Japan to Ukraine Masashi Nakagome. The meeting took place at a Ukrainian enterprise that manufactures unmanned aerial vehicles. The parties discussed potential areas of cooperation between the defence industries of Ukraine and Japan. The minister spoke about the achievements of…