In December, contracts executed by the MoD’s Defence Procurement Agency (DPA) ensured the Defence Forces received an average of nearly 950 interceptor drones per day to counter enemy Shahed-type UAVs. “We are ramping up deliveries of anti-Shahed capabilities for our warriors. These systems strengthen protection against drone terror while preserving resources for intercepting cruise and…
During the week, three working meetings were held – consultations with the Government of Ukraine represented by the Ministry of Development, the Ministry of Finance and other responsible ministries – on the consideration of the second round of applications under the Ukraine Investment Framework (UIF) mechanism. Representatives of the European Investment Bank (EIB) and the…
President of Latvia Edgars Rinkevics has proclaimed the state budget for next year along with 46 accompanying laws, according to a notice published in the official gazette Latvijas Vestnesis. The government approved the 2026 state budget on October 14, while the Saeima adopted it on December 4. Under the 2026 state budget, revenues are projected…
Estonia has been gradually withdrawing one- and two-cent euro coins from circulation, sending them to Latvia, which still uses them. Due to rounding-off rules introduced at the start of 2025, the smallest euro coin denominations are, while not completely obsolete, not practical in Estonia, nor in Finland, which has also been phasing the coins out.…
Construction work at the Rudninkai military training area is progressing significantly faster than planned, with the first stage of the project nearing structural completion nearly a year ahead of schedule, the head of contractor EIKA Construction has said. A wreath was raised on December 17 atop the future headquarters building of the German brigade to…
GymBeam built a regional e-commerce empire from Kosice. Now, after attracting heavyweight investors, it is moving its headquarters to Austria. GymBeam, one of Slovakia’s most successful e-commerce companies, is moving its legal headquarters and key strategic functions to Austria following a major EUR 110-million investment round. The Kosice-founded retailer, best known for fitness supplements and…
The Ministry of Economy, Environment and Agriculture of Ukraine has approved the provision of state incentives to one more – the 13th – industrial park, “City of Glass”. The state allocated UAH 8.345 million in co-financing for the implementation of an infrastructure project. This decision marked the final approval in 2025 under the state incentive…