The Warsaw Stock Exchange (WSE) has closed the purchase of a 65.03% stake in the Armenia Securities Exchange (AMX). On December 27, WSE paid PLN 5.5 million (EUR 1.17 million) in the first tranche of the total purchase valued at PLN 9.6 million (EUR 2.05 million). The second tranche of PLN 4.1 million (EUR 0.87…
Georgian Deputy Economy Minister Mariam Kvrivishvili on December 27 said one of the Chinese “leading airlines”, China Southern Airlines, would resume its regular direct flights to Georgia, highlighting China as “one of the priority” destinations for the Georgian tourism sector. Kvrivishvili said the flights would increase the number of tourists from China to Georgia and…
Since the beginning of Russia’s full-scale invasion of Ukraine, Poland and the Poles have provided Ukraine and the Ukrainians with PLN 35-40 billion ($8-9 billion) in aid, Deputy Chairman of the Polish Development Fund (PFR) Bartosz Marczuk has said on Twitter. He said that approximately PLN 10 billion (about $2.3 billion) had been provided in…
Ukraine will take into account all military risks while rebuilding its energy industry, Energy Minister German Galushchenko has said. “Undoubtedly, now the key point in any reconstruction of our energy system will be the question of military risks for the system. There are already developments. They are already being implemented. We will create an energy…
Ukrainian business has shown so much adaptability that the GDP drop until the end of the year will make 32%, and not 50%, as predicted after the beginning of the full-scale invasion, the First Deputy Prime Minister – Minister of Economy of Ukraine Yuliia Svyrydenko has declared. “By the results of 2022, we have much…
The State Roads Administration (ASD) has announced the launch of the public tender for the execution of works to rehabilitate some road sectors in the northern region of the country up to the border with Ukraine. The deadline is February 13, 2023. It covers the repair of the road R14, R6 – Codrul Nou –…
Georgian Prime Minister Irakli Garibashvili on December 27 said all military bases across the country had been renovated “according to international standards” throughout the past year, in his comments summarising the Government’s work in 2022. The PM also highlighted the ongoing GEL 70-million ($25.93 million) project on the NATO-standard Mukhrovani base in eastern Georgia’s Kakheti…