According to data from Eurostat, only 3.6% of Bulgarian businesses with 10 or more employees utilized artificial intelligence (AI) technologies to manage their operations in 2023. This places Bulgaria among the lowest-ranking countries in the European Union in terms of AI adoption. Eurostat defines artificial intelligence as encompassing various technologies, including text analysis, computer vision,…
Ukraine and Turkey have outlined the areas of cooperation between the two countries to overcome the consequences of Russian attacks on Ukraine’s energy system, notably in the Kharkiv and Odesa regions. This issue was discussed at a meeting between Ukrainian Energy Minister German Galushchenko and Turkish Ambassador to Ukraine Mustafa Levent Bilgen. “The parties discussed…
At night in Rivne region, an enemy attack on one of the substations resulted in equipment being switched on and household consumers being cut off. Everyone has been supplied with power. In Odesa region, due to a technological disruption at a substation, household consumers connected to it suffered a short-term power outage. All consumers have…
The implementation of an alternative fuel type in Unit 5 of the Kozloduy Nuclear Power Plant (NPP) has commenced, marking a significant step forward in diversifying energy sources at the facility. As part of the plant’s diversification program, an agreement was reached with Westinghouse Electric Sweden for the supply of nuclear fuel. Last month, the…
The Lithuanian government on May 29 approved 13.5 million euros for the purchase of air surveillance radars to contribute to the Germany-led air defence coalition for Ukraine, Defence Minister Laurynas Kasciunas said. “Today, the government allocated 13.5 million euros for the acquisition of radars that will strengthen the warning system in Ukraine. By doing so,…
Since the start of the year, Bulgaria has secured an additional BGN 700 million in debt from the domestic market, according to announcements from the Ministry of Finance and data published by the Bulgarian National Bank. Of this sum, BGN 300 million was raised through the issuance of government securities, achieving a weighted average return…
The first Catalogue of Ukrainian machinery manufacturers for communities was presented in Kyiv with the participation of Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine. The catalogue is intended to provide customers with information about Ukrainian manufacturers of machinery for communities and to help increase demand for goods produced in Ukraine.…