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Author Archives: admin

Ukraine: State Property Fund attracts over UAH 181 million at privatization auctions last week

UkraineBy admin2024-07-09Leave a comment

Ukraine’s State Property Fund held eight auctions last week, selling UAH 181.6 million worth of objects. The agency’s press service said this in a post on Facebook. According to the fund, the value of objects grew on average 7.4-fold. In total, 54 bidders took part in the auction, with an average of seven investors competing…

Ukraine: 18 cogeneration plants from USAID ESP already connected

UkraineBy admin2024-07-08Leave a comment

Eighteen out of 91 cogeneration plants, transferred to Ukrainian communities by the USAID Energy Security Project (ESP), have already been connected. The relevant statement was made by the USAID ESP on Facebook. “USAID has delivered 91 cogeneration plants to Ukraine. The total capacity is 56.5 megawatts. Eighteen plants have been connected, and the rest are…

Poland: first rocket reaches space on new eco-friendly fuel

PolandBy admin2024-07-08Leave a comment

A Polish rocket that uses a pioneering type of environmentally friendly fuel has reached space for the first time. Taking off from the Andoya base in Norway on July 3 and travelling at a speed of up to 1.4 km per second, the ILR-33 Ambert 2K rocket passed an altitude of 100 km, which marked…

Bulgaria: young Bulgarians and retired Europeans return to buy properties

BulgariaBy admin2024-07-08Leave a comment

The holiday property market along Bulgaria’s Black Sea coast is experiencing a shift away from its previous dominance by Russian buyers, now attracting a blend of younger Bulgarian professionals and retired Europeans. According to a comprehensive report by BTA, half of the buyers for seaside apartments are Bulgarians under 30, primarily from the IT sector,…

Ukraine: procurement procedure for domestic unmanned systems improves

UkraineBy admin2024-07-08Leave a comment

On July 2, the Cabinet of Ministers of Ukraine adopted amendments to the Resolution No. 256 dated March 24, 2023 providing for improvements to the procurement procedure for unmanned systems. The State Special Communications Service will be able to procure domestically produced UAVs through the Prozoro e-procurement system. Sensitive information about the contractors of state…

Ukraine: general fund of local budgets receives UAH 208.7 billion in H1 2024

UkraineBy admin2024-07-05Leave a comment

In the first half of 2024, the general fund of local budgets received UAH 208.7 billion, up by UAH 40.4 billion YoY. The main revenues of the general fund of local budgets (excluding intergovernmental transfers) in the first quarter were as follows: UAH 115.4 billion – personal income tax (PIT), UAH 33.5 billion – single…

Poland: government denies report of 25% defence spending cut

PolandBy admin2024-07-05Leave a comment

Poland’s Defence Ministry threatened legal action against an opposition-aligned media outlet that reported alleged plans to cut the defence budget by a quarter. The ministry says the story is false and suggests that Russia could be behind it. But opposition MPs claim to have confirmed it is genuine. On July 4 morning, TV Republika, a…

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