As part of the “Made in Ukraine| policy to support Ukrainian manufacturers, 154 grants have been approved for entrepreneurs. 140 are for industrialists to purchase production equipment, and 14 are for farms to establish orchards and greenhouses. Applications are still being accepted. This was announced by Ukrainian Prime Minister Yulia Svyrydenko. “This year, manufacturers have…
Bulgarian National Bank received the “Individual or Organization That Contributed to Limiting and Preventing the Informal Economy Through an Active Position” award in the national “Bright Economy” competition, organized by the Industrial Capital Association in Bulgaria. The award was given for the effective management of the euro adoption process in Bulgaria. The nomination justification states…
Slovakia faces its weakest economic growth outlook in years, according to a new forecast that paints a notably bleaker picture than other domestic institutions. The Slovak Academy of Sciences (SAV) said in its spring projection that the country’s economy was expected to expand by just 0.5% in 2026. That would mark the slowest pace of…
Lithuania’s Energy Minister has ordered Orlen Lietuva, the Baltic States’ only oil refining and import company controlled by Poland’s Orlen, to reduce its oil reserves by 80,000 tons and immediately supply that amount to the market. The Energy Ministry said on March 17 the decision was taken in response to disruptions in the global oil…
Many small dairy farmers in South-Eastern Estonia face financial hardship following the bankruptcy of a major cooperative. AS E-Piim, Estonia’s largest cheesmaker, was declared bankrupt earlier this month, leaving many suppliers unpaid and forcing herd reductions. The Ivaski farm in Antsla, Voru County, is owed nearly EUR 50,000 in milk payments by the cooperative owned…
On March 16, a meeting took place between Oleksii Sobolev, Minister of Economy, Environment, and Agriculture of Ukraine, and representatives of the German Allianz Global Corporate & Specialty SE, led by Chief Claims Officer Thomas Sepp. Among the meeting participants were Deputy Ministers Yegor Perelygin and Oleksandr Tsybort, as well as Advisor to the Minister…