State Road Administration will be reorganized into the Joint Stock Company National Administration of Roads with full state capital. A draft law was approved by the Parliament on May 25. The reorganization will be carried out in three stages. At the first stage, the evaluation of the patrimony of State Administration of Roads will be…
The Cabinet of Ministers of Ukraine is allocating UAH 588 million for the budgets in the Dnipropetrovsk, Donetsk, Zaporizhzhia, Kyiv, Odesa, Poltava and Kharkiv regions to implement reconstruction projects this year. The relevant statement was made by Ukrainian Prime Minister Denys Shmyhal at a meeting of the Ukrainian government. “Today we have endorsed a decision…
During his working visit to Ukraine, UK Secretary of State for Defence Ben Wallace met with Minister of Defence of Ukraine Oleksii Reznikov. During the meeting, the ministers discussed a number of important security issues. “Naturally, we discussed Ukraine’s NATO perspective in the context of the upcoming NATO Summit in Vilnius. Including Ukraine’s vision of…
Poland’s state-owned fuel company PKN Orlen will announce 13 more locations for BWRX-300 small modular (nuclear) reactors (SMRs), the company’s CEO, Daniel Obajtek, has said. In mid-April, Obajtek announced seven preliminary sites where Orlen Synthos Green Energy (OSGE), a special purpose vehicle created by Orlen and the Polish chemical firm Synthos, could build BWRX-300 reactors…
Archil Mestvirishvili, the Acting President and Vice President of the National Bank of Georgia, on May 24 said evaluations of Georgia’s investment environment by international rating agencies boosted investors’ and foreign organisations’ confidence in the domestic economy. Mestvirishvili said the ratings had a positive impact on the country’s business environment, and added the rankings for…
The state budget could be rectified. The announcement was made today by Prime Minister Dorin Recean at a Cabinet meeting on May 24. Government’s task is to free up more budget space so that money can be allocated to the economy, infrastructure and increasing the population’s income. “The correction we are starting today must bring…
Under the Affordable Loans at 5-7-9 programme, UAH 109 billion in loans have been issued during the full-scale war, including UAH 1.5 billion over the past week, Prime Minister Denys Shmyhal has said. However, under the portfolio guarantee programme, loans worth almost UAH 4 billion were disbursed in April alone. “Grants within the eRobota framework…