In the first two months of this year, GDP decreased by about 1.2%, but the government expected economic activity to recover soon. This was stated by Minister of Economy, Environment, and Agriculture Oleksii Sobolev during question time with the government. According to him, Ukraine ended last year with an economic growth of 1.8% and inflation…
Polish firm Vigo Photonics, which specialises in producing advanced infrared sensors, photon detectors and semiconductor materials, has acquired US rival InfraRed Associates for $8.4 million (31.2 million zloty). The Polish firm hailed the deal as a “major step in the company’s global expansion strategy” that would “significantly strengthen Vigo’s footprint in the United States and…
Electric scooter rental provider Tuul Mobility OU has filed for bankruptcy after being unable to pay bond interest. Tuul had been a competitor to Bolt in the e-scooter rentals market for several years. The company on March 27 filed for bankruptcy with the Harju County Court. “I sincerely regret and apologize to investors that, despite…
Since the launch of the Ray of Hope project, solar power plants have been installed and are generating electricity at 56 healthcare facilities, 14 of which are located in frontline regions. The total capacity of the installed equipment is 5,219 kW. Work is currently underway at 83 additional facilities, with three of them entering the…