Representatives of Armenia’s fish farming sector staged a protest outside the government building, arguing that current state measures have failed to address the industry’s export difficulties. The chairman of the Armenian Fish Farmers Union, Gor Grigoryan, said producers were expecting practical support rather than what he described as ineffective initiatives. “Two programs have already been…
A cogeneration gas-engine power plant provided by the Finnish company Kuopion Energia Oy has arrived in Lviv region from the Ministry of Energy’s emergency energy assistance hubs. The plant is designed to meet the needs of one of the region’s critical infrastructure facilities. The delivered cogeneration plant has a total cost of 20 thousand euros.…
Over the past week, within the framework of the state program “Affordable Loans at 5-7-9%,” representatives of micro, small, and medium-sized businesses received 506 preferential loans totaling UAH 1.7 billion from 48 authorized banks, of which 385 loans worth UAH 1.1 billion were issued by banks in the state sector of the economy. Since the…
OTP Bank has signed an agreement to acquire Luminor, the third-largest banking group in the Baltic region, as it looks to expand its presence in the region. OTP Group is a leading banking group in Central and Eastern Europe, serving 17.5 million customers across 11 countries. It has continued to operate in Russia after the…
Freight and passenger transportation increased across the Eurasian Economic Union (EAEU) during January-May compared with the same period last year. Freight transport in Armenia rose by 12.6%, while growth reached 3.4% in Kyrgyzstan and 1.1% in Belarus. During the same period, total passenger turnover across the EAEU increased by 0.8%. Passenger transport grew by 7.8%…
The Ministry of Economy and Environment of Ukraine presented the draft Law of Ukraine “On the Taxonomy of Sustainable Economic Activities and Sustainable Investments”. This is an important step towards the formation of a modern system of sustainable financing in Ukraine and the harmonization of national legislation with European approaches. The event took place on…
The implementation of the joint Ukrainian-Danish Strategic Sectoral Cooperation (SSC) project in the field of food and agriculture was discussed during the meeting of Deputy Minister Taras Vysotsky with the delegation of the Kingdom of Denmark. The parties summed up the implementation of the SSC Work Plan, discussed the results of already implemented measures and…