Poland: retail sales up in July 2022

Poland’s retail sales increased in real terms by 2% YoY and by 1.2% MoM in July, the Central Statistical Office said on August 22. Economists polled by PAP expected July’s retail sales to grow in real terms by 2.7% and by 1.5% respectively. In current prices, retail sales increased by 18.4% YoY in July against…

Georgia: Turkish Southwind Airlines begins operation

Turkey-based Southwind Airlines starts operating charter flights from Tbilisi International Airport to Antalya, performing its first flight on August 21, TAV Georgia, the company operating two airports in Georgia, has revealed. The once-a-week flights will be offered on Sundays, by Airbus 321 aircraft, until September 25. Pegasus Airlines, a Turkey-based low-cost airline, is currently operating…

Lithuania: petrol station chain vows to terminate contract with Amic over alleged Russia links

Viada LT, a Lithuanian petrol station chain operator, has said it will terminate its station management contract with Amic Lietuva (formerly known as Lukoil Baltija), if reports about the group’s links with Russia are confirmed. Ukraine’s Economic Security Bureau has recently opened an investigation into Amic Energy amid allegations of possible tax evasion, alleging that…