Moldova: over 200 companies to benefit from grants through new World Bank program

Over 200 companies of Moldova will benefit from non-refundable financing offered under the Micro, Small and Medium Enterprise Competitiveness Project, supported by the World Bank. It has a budget of $50 million and will be implemented in 2023-2027. From the total budget of the project, through the co-financing mechanism for improving export competitiveness, implemented by…

Ukraine: French state bank to insure business in Chernihiv region

The State Investment Bank of France is ready to provide insurance guarantees to its businesses operating in Ukraine’s Chernihiv region, Pierre Heilbronn, French President’s Special Envoy for Aid and Reconstruction in Ukraine, has said at a meeting with acting Chernihiv Mayor Oleksandr Lomako, Chernihiv City Council reports. French President’s Special Envoy for Aid and Reconstruction…

Ukraine: over 1,400 applicants receive financial assistance under eVidnovlennia programme

Ukrainians have submitted nearly 25,000 applications to repair damaged homes under the eVidnovlennia (eRecovery) programme. This was announced by Prime Minister Denys Shmyhal. “I am grateful to the communities that promptly set up commissions and verify the damage quickly. This allows Ukrainians to repair their homes before the winter,” the Head of Government noted. According…

Poland: Acron’s shares in Azoty Group seized

Poland has introduced mandatory administration over a 20% stake in local chemical company Azoty Group that Russian fertilizer producer Acron owns with the aim of their further withdrawal, Economic Development and Technology Minister Waldemar Buda told reporters July 11. “A decision to introduce mandatory management of the shares of the companies, whose owner, participant and…

Ukraine: quota of permits for international freight transportation for 2024 approved with Azerbaijan

Ukraine and Azerbaijan agreed on the quota of permits for international freight transportation for 2024. According to the Ministry for Communities, Territories and Infrastructure Development, the decision was approved at a meeting of the Ukrainian-Azerbaijani Joint Commission on International Road Transport. Ukraine and Azerbaijan have agreed to increase universal permits by 88% for each country…