The European Bank for Reconstruction and Development will assign a $16-million loan, backed by the European Union and Sweden, to Georgia’s Credo Bank to support local micro, small and medium-sized companies and women-led firms in the country. The financial package involves a credit line of $10 million for MSMEs, with $4 million assigned from EBRD’s…
As much as 67.1% of the exports and 50.1% of the imports made by the companies from the Transnistrian region have European Union member states as destination and origin respectively. According to the Reintegration Policies Bureau, in 2022, the export from the region to EU countries accounted for 67.1%, up by 10.2% YoY. At the…
Irakli Karkashadze, the Director of the United Airports of Georgia (UAG), said the development of the Queen Tamar Airport in the country’s northwestern Svaneti region was “one of the main priorities” in the body’s 2023 plans. The organisation cited Karkashadze as saying “a number of innovations” were planned for the airport, located in the mountainous…
The Stellantis factory in Tychy has begun regular production of the Jeep Avenger, the first Jeep SUV to be produced in Poland, the automotive company has announced. The launch of the production of the Jeep model is the fulfillment of the first stage of the investment programme at the Tychy factory, announced at the end…
On February 6, during a meeting between Minister of Energy of Ukraine German Galushchenko and Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to Ukraine Kim Hyung-tae, the parties discussed cooperation in the nuclear industry, renewable energy and assistance to the energy sector of Ukraine. In particular, German Galushchenko thanked his Korean counterparts for…
Lviv region finished the 2022-2023 sugar-refining season, which began in September 2022. During the season, almost 1.1 million tons of sugar beets were processed, from which 158.5 thousand tons of sugar were produced or 19.5% more than the indicators of the previous season, the department of agri-industrial development of LRMA reported. “Over the past 5…
Moldova continues to make reforms in the energy sector, to diversify natural gas and electricity supply sources, but it still needs the EU support to find affordable alternatives, Prime Minister Natalia Gavriliya has said in Brussels at a meeting with European Commissioner for Energy Kadri Simson, the government’s communication and protocol department has reported. “With…