Poland: unemployment rate unchanged in September 2023

Poland’s seasonally adjusted unemployment remained stable at 2.8% in September versus August data, according to a harmonised unemployment report by EU stats office Eurostat. The number of registered unemployed measured 477,000 at the end of September, the same as at the end of August. According to Poland’s Central Statistical Office (GUS), Poland’s unemployment rate remained…

Bulgaria: PM showcases investment potential to USA business leaders

Prime Minister Nikolai Denkov has extended a warm invitation to representatives of 15 of the largest American companies, emphasizing Bulgaria’s strategic importance as a gateway to Europe. During a meeting that included US Ambassador to Bulgaria Kenneth Merten and Eric Stewart, the Chairman of the American-Central European Business Association, Denkov highlighted Bulgaria’s unique advantages for…

Ukraine: H&M to reopen in November 2023

The Swedish company H&M will resume operations in Ukraine in November, Foreign Minister Dmytro Kuleba has announced in an interview with The Village. “Last week, our diplomats in Stockholm received final confirmation that Ukrainian H&M stores, which were closed due to Russia’s full-scale invasion, would begin to resume operations in November,” Kuleba said. He added…

Ukraine: nearly UAH 36 billion in loans received by farmers under Affordable Loans at 5-7-9 programme

Since the beginning of the year, almost 12,000 agricultural enterprises have received UAH 62 billion in bank loans for the development of farms. Of these, more than 9,300 enterprises received UAH 35.9 billion in loans under the Government’s Affordable Loans at 5-7-9 programme. Agricultural enterprises in the following regions received the largest amount of loans…

Poland: PMI up in October 2023

Poland’s manufacturing sector purchasing managers’ index, PMI, edged up to 44.5 points in October from 43.9 points in September, as the overall downturn eased for the second month running, according to a report by S&P Global. “Business conditions at Polish manufacturers continued to deteriorate sharply in October,” S&P Global wrote in the report on Poland.…

Bulgaria: Dronamics and ELTA sign agreement for first postal deliveries by cargo drones in Greece

Dronamics, the world’s first cargo drone airline licensed to operate in Europe, and Hellenic Post (ELTA) have announced an agreement that will lead to the first postal deliveries by cargo drones in Greece. Dronamics, which designs, develops and operates cargo drones, will provide medium-distance deliveries to Hellenic Post, the national postal service of Greece. The…