Ukraine and Bulgaria have discussed a range of joint initiatives in key sectors, including energy, defense, and transport, with a focus on developing alternative energy routes for Europe. Ukrainian Prime Minister Yuliia Svyrydenko and Bulgaria’s Acting Prime Minister Andrey Gyurov held talks and agreed to prepare a joint roadmap outlining practical steps for cooperation between…
In the first two months of this year, GDP decreased by about 1.2%, but the government expected economic activity to recover soon. This was stated by Minister of Economy, Environment, and Agriculture Oleksii Sobolev during question time with the government. According to him, Ukraine ended last year with an economic growth of 1.8% and inflation…
Polish firm Vigo Photonics, which specialises in producing advanced infrared sensors, photon detectors and semiconductor materials, has acquired US rival InfraRed Associates for $8.4 million (31.2 million zloty). The Polish firm hailed the deal as a “major step in the company’s global expansion strategy” that would “significantly strengthen Vigo’s footprint in the United States and…
Electric scooter rental provider Tuul Mobility OU has filed for bankruptcy after being unable to pay bond interest. Tuul had been a competitor to Bolt in the e-scooter rentals market for several years. The company on March 27 filed for bankruptcy with the Harju County Court. “I sincerely regret and apologize to investors that, despite…
Since the launch of the Ray of Hope project, solar power plants have been installed and are generating electricity at 56 healthcare facilities, 14 of which are located in frontline regions. The total capacity of the installed equipment is 5,219 kW. Work is currently underway at 83 additional facilities, with three of them entering the…
Ukraine’s Minister of Finance Sergii Marchenko met with Vice President for Policy and Partnerships of the European Bank for Reconstruction and Development (EBRD) Mark Bowman. The meeting was also attended by Ukraine’s Deputy Ministers of Finance Olga Zykova and Yuriy Draganchuk. From the EBRD side, participants included Managing Director for Ukraine and Moldova Arvid Turkner,…
According to data from Eurostat, food prices in the European Union were the highest in Luxembourg in 2024, while Estonia ranked ninth in price levels among the bloc’s 27 countries. Eurostat noted that in Luxembourg, food prices stood at 126% of the EU average, followed by Denmark, Ireland, France, Malta and Austria. Finland ranked seventh…