Russian companies began to massively record losses amid ongoing sanctions and growing economic problems. From January to November 2025, 18,2 thousand organizations reported losses totaling 7.5 trillion rubles. This is a record for all time observations, writes “Izvestia”, citing data from Rosstat. For the same period in 2024, business losses were estimated at 7 trillion…
“Ural Airlines” announced the launch of a “unique for Russia” project to extend the service life of Airbus A320 family aircraft beyond 96 thousand flight hours. The work will be carried out at the carrier’s own aviation-technical center. In a press release from the company’s press service, which was noted by “Agency”, it is noted…
The US and Europe’s efforts to limit Russia’s ability to sell its oil are forcing it to increasingly increase discounts for those willing to buy it. But even though such discounts have already exceeded $27 per barrel, huge volumes of raw materials still cannot find buyers. According to Vortexa, on February 10, about 143 million…
In January, local budgets received over 40.5 billion hryvnias. This is 14.2%, or 5 billion hryvnias more than in January 2025. This was reported by the Acting Head of the State Tax Service Lesya Karnaukh on her Facebook page. “The military aggression of the Russians, the lack of heat and light have changed the economic…
Moldova and Turkey are strengthening their trade relations by updating the Free Trade Agreement. The parliament on February 12 ratified the decision of the Moldovan-Turkish Joint Committee on the enforcement of the new provisions of the Pan-Euro-Mediterranean (PEM) Regional Convention on preferential rules of origin. The amendments aim to facilitate the bilateral trade, reduce administrative…
Bulgaria continues to stand out in the European labor market for both its low unemployment and the high employment rate among young graduates. The country’s unemployment remains one of the lowest in the European Union, while a record proportion of recent university graduates quickly find work after completing their studies. Eurostat data from December 2025…
AS E-Piim Tootmine filed for bankruptcy on February 11, as the company’s financial position no longer allowed it to meet its obligations in the ordinary course of business. The renewed management board of AS E-Piim Tootmine, led by CEO Anti Orav, has been working since December 2025 to stabilize the company’s situation in order to…