The Ministry of Agrarian Policy and Food of Ukraine has updated its forecast for gross production of grains and oilseeds and expects Ukrainian farmers to harvest up to 76.7 million tons in 2023. This year Ukrainian agrarians can harvest about 56.4 million tons of grain and 20.3 million tons of oilseeds. In early spring, the…
On the night of August 10, Zaporizhzhia nuclear power plant (ZNPP), temporarily seized by Russian troops, lost power from the main 750 kV external power line, Energoatom reported. After that, ZNPP had to switch to the only available backup line of 330 kV, the disconnection of which threatened ZNPP to lose external power (blackout). “In…
Result of surveys among Baltic residents show that only 7% of people in Latvia invest in the stock market, whereas in Estonia this number goes up to 16%. What are the main reasons for Latvian residents’ reluctance to engage in the stock market and why do people in Estonia seem more financially literate in this…
Moldovan entrepreneurs who wish to export their products and services to the Romanian market can apply for Export Missions Romania program launched in Chisinau on August 10. The program represents support for the development and expansion of local companies on international markets. It provides a strategic platform to encourage collaboration between business, international trade experts…
97 companies went bankrupt in Poland in the second quarter of 2023, up by 21.3% YoY, the Central Statistical Office (GUS) reported. The number of newly registered companies totalled 88,549 in the April-June period, down by 5.5%, GUS wrote on August 10. According to GUS, the number of bankruptcies increased mainly in the industrial sector…
The Verkhovna Rada of Ukraine has adopted amendments to legislation that simplify the registration and operation of the winemaking business. The relevant draft law (No. 9030) was supported by the people’s deputies of Ukraine in the second reading and in general at a session on August 9. Simplifying business registration for winemakers was recommended by…
The Verkhovna Rada, Ukraine’s parliament, adopted at the second reading and in its entirety the government’s draft law on state reserves (No. 9079), First Deputy Prime Minister – Minister of Economy Yulia Svyrydenko posted on Facebook. “Today, the Parliament supported the law on the transformation of state material reserves (No. 9079), developed by the Ministry…