Prime Minister Denys Shmyhal chaired a meeting with the participation of Minister of Finance Serhii Marchenko and representatives of the Ministry of Finance regarding the main directions of the draft state budget of wartime. The Head of Government emphasized that the priorities of the state budget for 2023 included maintaining of macro-financial stability, financing of…
SmartFlower innovative solar energy system was installed in Ternopil city, western Ukraine. “SmartFlower system uses advanced robotics and automation to intelligently track the sun making up to 40% more energy than traditional stationary solar panels. The flower panel starts with the first rays of the sun. Dust and debris are removed from the panel with…
Poland’s currency is one of the sources of its economic success and giving it up would be a grave mistake, the governor of Poland’s central bank has said in an interview for the Dziennik Gazeta Prawna newspaper. Commenting voices saying Poland should switch to the euro, Adam Glapinski said the fact that Poland had kept…
Lithuania’s Deputy Transport Minister Agne Vaiciukeviciute, accompanied by a delegation of local businesspeople, is visiting Taiwan this week to discuss potential cooperation, the Transport Ministry said on August 8. In Taipei, Vaiciukeviciute is scheduled to meet with Taiwanese deputy ministers of transportation and communications, economy and foreign affairs. “Opportunities for cooperation between Lithuania and Taiwan…
Georgian Railway made over GEL 191 million ($70.4) in income from freight in the first six months of 2022, the highest figure over the last seven years, the company announced on August 8. The company transported a total of 6.8 million tons of cargo in the first two quarters of the year, up by 13.3%.…
Lithuania’s Kedainiai-based phosphate fertiliser producer Lifosa is resuming operations after a nearly four-month break. The company is facing various challenges ahead but hopes to overcome them all, acting CEO Regvita Ivanoviene has said. “We face many challenges, both related to the sale of our products and with the purchase of raw materials. We had to…
On August 1-7, the Customs Service collected over 695.1 million lei (about 34.7 million euros) from the state budget, 17% more than the budgetary burden established for this period. According to the Customs Service, natural persons brought goods with the value in customs exceeding the non-taxable limit, and payments amounting to over 19 million lei…