Two industrial parks – Kronospan Rivne in Rivne region and KYT in Kyiv region – will receive state funding totaling UAH 203 million under the incentive program implemented in accordance with the Cabinet of Ministers of Ukraine Resolution No. 644 (as amended). Kronospan Rivne Industrial Park will receive UAH 55.3 million for the construction of…
Bulgarian exports to Romania saw a significant rise of nearly 19% in the first quarter of 2025, compared to the same period last year. Overall trade between the two countries grew by 7%, confirming Romania’s position as Bulgaria’s second largest trading partner within the European Union. The data was shared during a meeting between Economy…
While offshore wind farms are now almost certainly off the table in Estonia for the next decade or two, transmission system operator (TSO) Elering still plans to move forward with an undersea power link to Latvia via Saaremaa. The Ministry of Climate now acknowledges that the previously planned reverse auction-based subsidy model isn’t suitable for…
The Bulgarian National Bank (BNB) is launching the minting of Bulgarian euro coins this week, marking the start of the final stage in the country’s transition to the euro. This follows the formal approval of Bulgaria’s eurozone accession by the Council of the EU and the European Parliament. BNB Governor Dimitar Radev confirmed the development…
In response to the unprecedented challenges caused by the full-scale war, Ukraine and the World Intellectual Property Organization (WIPO) have signed a Memorandum of Understanding that deepens the strategic partnership between the state and the international community in the field of intellectual property (IP). The Memorandum of Understanding on IP Cooperation was signed by Oleksandr…