The largest Russian truck manufacturer, KAMAZ, recorded a sharp deterioration in financial indicators at the end of 2025. As reported by “Vedomosti”, the company’s net loss according to Russian Accounting Standards (RAS) increased by 11 times and reached 37 billion rubles. The loss from sales amounted to 22.9 billion rubles compared to a profit of…
The team of JSC Ukrainian Defense Industry held a meeting with His Excellency Dr. Faleh bin Abdullah Al-Saleh Al-Sulaiman, Governor of Saudi Arabia’s General Authority for Defense Development (GADD), to discuss prospects for cooperation, production, and industrial development in the field of defense technologies. Ukroboronprom Director General Herman Smetanin posted on Telegram that the company…
Passenger traffic across the European airport network increased by 4.4% in 2025, returning to a normalised development pace after the post-pandemic recovery period, according to the ACI EUROPE – Air Traffic Report 2025. In Europe, traffic dynamics were driven in particular by Central and Eastern European countries, where several states exceeded the continental average: Slovakia…
The plan to establish a city economic growth council, outlined in Tallinn’s coalition agreement, will take more concrete shape in the coming weeks, Mayor Peeter Raudsepp has said. Since last year, a national economic growth council made up of entrepreneurs has been meeting under the Government Office to identify ways to reduce bureaucracy in Estonia.…
The draft Labour Code of Ukraine introduces new provisions that expand opportunities for legal flexible employment while strengthening the protection of workers’ dignity. The document establishes clear rules for new work formats and aims to adapt labour relations to modern conditions. According to Daria Marchak, Deputy Minister of Economy, Environment and Agriculture, the introduction of…