Russian businessman Sergei Shnaider, the owner of the Mere discount retail chain operating in Lithuania and Latvia, has been added to the European Union’s 21st sanctions package, prompting the chain’s operators in Latvia to halt their activities, according to Latvia’s Financial Intelligence Unit. The Latvian authority said sanctions applied to Latprodukti, which operated the Mere…
First Deputy Prime Minister of Ukraine – Minister of Energy of Ukraine Denys Shmyhal held an online conversation with Lithuanian Energy Minister Lukas Savickas. They discussed the current needs of Ukrainian energy professionals and the development of joint projects. Denys Shmyhal congratulated his colleague on his appointment to the position. According to the First Deputy…
Owners of expensive cars replenished local budgets with UAH 166.8 million in transport tax in the first half of 2026. This is 61.2% more than in the same period last year. Then the revenues amounted to UAH 103.4 million. The largest amounts of transport tax were traditionally paid in the capital – UAH 46.7 million.…
It will now be possible to purchase an apartment in a newly constructed building in Armenia without being physically present in the country. The Armenian government approved the relevant decision at its meeting. Under the new system, the three-party agreement can be concluded electronically without notarization or issuing a power of attorney. The bank will…
Through the Energy Support Fund of Ukraine, modern frequency converters, provided with the support of the UK, were delivered to energy facilities in Kyiv, Vinnytsia, Zhytomyr, Kirovohrad, Odesa, Sumy and Chernihiv regions. The total cost of the equipment is over 113 thousand euros. The frequency converters will contribute to the reliable operation of the energy…
The Ministry of Finance of Ukraine held another auction for the exchange (switch auction) of domestic government bonds. The volume of satisfied applications amounted to UAH 15 billion at face value. Investors were offered to exchange bonds with a maturity date of August 5, for a new issue with a maturity date of December 5,…
The energy ministers of Lithuania, Latvia and Estonia agreed on July 22 to strengthen joint reserve capacities for their power systems and to explore sharing emergency grid equipment in the event of major disruptions. Meeting in Riga, Lithuanian Energy Minister Lukas Savickas and his Latvian and Estonian counterparts signed a declaration committing the three countries…