Armenian Economy Minister Gevorg Papoyan, who was on a working visit to Yekaterinburg, Russia, took part in the Innoprom International Industrial Exhibition and attended the latest meeting of the Eurasian Economic Union (EAEU) Industrial Policy Council, Armenia’s Ministry of Economy said. Speaking at the eighth meeting of the EAEU Industrial Policy Council, Papoyan said the…
Business will be able to purchase 18 more types of machinery and equipment of Ukrainian manufacturers with 15% compensation. At a meeting on July 1, the Cabinet of Ministers of Ukraine expanded the list of products available under the partial compensation program within the framework of the “Made in Ukraine” producer development policy. The decision…
The temporarily occupied Zaporizhzhia Nuclear Power Plant has once again lost external power after the Ferosplavna overhead transmission line, which connected the plant to Ukraine’s unified power grid, was disconnected. As a result, the station switched to power supplied by diesel generators. Energoatom reported this on Telegram. “The Ferrosplavna overhead transmission line, which connected the…
Plans for a new electricity connection between Estonia and Latvia will go on display today after two years of discussions. However, it remains unclear when the project could be completed. The new connection will strengthen Estonia’s security of supply, improve the functioning of the electricity grid and create better opportunities for the use and export…
The Armenian government has approved a program to subsidize interest rates on loans for greenhouse operators, aiming to support producers and ensure the continued cultivation of vegetables, berries, and flowers, the Ministry of Economy says. The program is open to legal entities and individual entrepreneurs operating greenhouses of at least one hectare that produced and…
Bulgaria recorded the lowest unemployment rate in the European Union in May, with just 2.9% of the labor force out of work, according to the latest figures released by the European Statistical Office. The result placed Bulgaria ahead of every other EU member state, while unemployment across the broader eurozone remained unchanged at 6.2% and…
During June, Ukrainian energy companies restored power to almost 4 million consumers who were cut off as a result of Russian attacks and hostilities. Restoration work continued in regions where the energy infrastructure was damaged as a result of Russian attacks and hostilities. Despite the difficult security situation, energy companies promptly eliminated the consequences of…