Runikon Retail, which operated IKEA stores in Estonia, increased its turnover by nearly EUR 6 million in the past financial year, reaching nearly EUR 97 million. The company posted a profit of EUR 5.6 million. Runikon Retail said in its report that its turnover in the past financial year – which began in September 2024…
Since opening its representative office in Vilnius over four years ago, Taiwan has sought to boost economic cooperation and attract investment to Lithuania. According to the Ministry of Economy and Innovation, Taiwanese direct investment has risen from EUR 0.53 million in 2021 to EUR 7.21 million in 2024, but the total remains small. Relations between…
The Ministry of Economy, Environment, and Agriculture of Ukraine presented the main provisions of the draft Law of Ukraine “On the Implementation of European Union Legislation in the Field of Sanitary and Phytosanitary Measures” at a meeting of the Verkhovna Rada Committee on Agrarian and Land Policy. The document aims to bring national legislation into…
First Deputy Prime Minister of Ukraine – Minister of Energy Denys Shmyhal, together with the President of the European Commission Ursula von der Leyen, the President of the European Council Antonio Costa, the President of Finland Oleksandr Stubbs and the heads of governments of Denmark, Estonia, Iceland, Latvia, Norway, Croatia, Sweden, ministers and other guests…
Estonian Minister of Infrastructure Kuldar Leis (Reform) said there was an agreement with Latvia that the Rail Baltia line would be completed until the end of the decade despite concerns about delays. Estonia has pledged to complete the first phase of its Rail Baltic project until 2030, but concerns persist regarding the section of railway…
Energy Minister Dorin Junghietu has held talks in Washington with a representative of the investment fund, Carlyle Group Inc., which is to take over Lukoil’s assets. According to the Energy Ministry, the discussions focused on Carlyle Group’s transaction to acquire the assets of Lukoil International GmbH (LIG) and on further development plans for these assets.…
The Coordination Center for the Euro Adoption Mechanism held its regular briefing on February 23, highlighting that the process of adopting the euro in Bulgaria is progressing smoothly. One of the central points of discussion was the current inflation situation in the country. In January, the National Statistical Institute (NSI) released preliminary “flash inflation” data…