Ukrainian President Volodymyr Zelensky has called on European partners to join drone production in Ukraine, including interceptor drones, so as not to cede the field to Russia. He made the remarks during a virtual appearance at the Warsaw Security Forum. “Today Ukraine has interceptor drones, and this is a kind of know-how. But believe me,…
Cargo turnover in Latvian ports is unlikely to return to its previous levels in the coming years, Elina Strodaha, a board member of the Latvian Stevedoring Companies Association (LSA), says. She emphasized that ports must seek new business models, including developing manufacturing, renewable energy projects, and technology. “Port authorities and companies have identified a number…
Vilnius’ first electric boats have carried nearly 12,000 passengers since services began on the River Neris in late July, city transport operator JUDU has said. Two vessels – Rytas and Lasisa – entered service this summer, with average daily ridership reaching around 244 on weekdays and more than 300 at weekends, when occupancy reached about…
In the two months since the launch of DOT-Chain Defence, the military ordered nearly 17,000 UAVs worth almost UAH 600 million. “The Ministry of Defence has launched the DOT-Chain Defence pilot project, a weapons marketplace for the Armed Forces of Ukraine. Through this platform, military units can independently order what they actually require at the…
In Lviv, the first factory has opened in the Sygnivka Industrial Park – a production facility of USP, a leading Ukrainian sandwich panel manufacturer. The company already operates in several regions of Ukraine, making its expansion to Lviv a logical step in its growth and increased industrial presence across the country. This is a significant…
Shenzhen Uniconn Technology, a key supplier to the electric vehicle industry, is building its first European production facility in Kosice. The company will produce contact systems for battery cells, supplying mainly the upcoming Volvo plant in Valaliky, which is scheduled to start operations in late 2026 or early 2027. The government of Robert Fico approved…
Latvia has borrowed 1.25 billion euros on international financial markets, according to information published by the State Treasury. On September 25, the State Treasury, on behalf of Latvia, priced a 10-year eurobond issue, raising 1.25 billion euros with a yield of 3.583% and a fixed coupon rate of 3.5%. Latvian government securities were purchased by…