Construction work at the Rudninkai military training area is progressing significantly faster than planned, with the first stage of the project nearing structural completion nearly a year ahead of schedule, the head of contractor EIKA Construction has said. A wreath was raised on December 17 atop the future headquarters building of the German brigade to…
GymBeam built a regional e-commerce empire from Kosice. Now, after attracting heavyweight investors, it is moving its headquarters to Austria. GymBeam, one of Slovakia’s most successful e-commerce companies, is moving its legal headquarters and key strategic functions to Austria following a major EUR 110-million investment round. The Kosice-founded retailer, best known for fitness supplements and…
The Ministry of Economy, Environment and Agriculture of Ukraine has approved the provision of state incentives to one more – the 13th – industrial park, “City of Glass”. The state allocated UAH 8.345 million in co-financing for the implementation of an infrastructure project. This decision marked the final approval in 2025 under the state incentive…
Prime Minister of Ukraine Yulia Svyrydenko held a meeting with the heads of regional military-civilian administrations on the implementation of the Government’s decision to review the current lists of critical infrastructure facilities. “As a result of the review, we have found an opportunity to free up at least 800 MW of electrical power. This will…
The Cabinet of Ministers of Ukraine has decided to provide an additional subsidy from the state budget in the amount of approximately UAH 1.6 billion to support frontline regions. The subsidy will enable communities to quickly address the most pressing local issues. This time, local authorities will decide independently where to allocate the funds based…
Economic challenges faced by the eastern border regions must be recognised at the European Union (EU) level, the prime ministers of the three Baltic States agreed on December 12 during a meeting in Riga. The meeting of the prime ministers of the Baltic Council of Ministers, chaired by Latvian Prime Minister Evika Silina (New Unity),…
Scope Ratings has completed its latest review of Bulgaria and confirmed the country’s long-term credit rating at A- with a stable outlook, alongside short-term ratings of S-1/Stable. The agency highlights several factors that continue to support Bulgaria’s position, most notably the forthcoming entry into the euro area, which is expected to bring significant advantages through…