Poland: Ukraine’s merchant fleet to be rebuilt

Polish shipbuilding industry officials are willing to set up cooperation with counterparts in Ukraine to restore the latter’s merchant fleet. Tadeusz Kopowski, chief of the Crist shipbuilding company, spoke about this in the framework of the Ukrainian-Polish Entrepreneurship Forum in Warsaw. “Poland’s shipbuilding industry proposes to create permanent Polish-Ukrainian working groups, in which we would…

Poland: retail sales up in May 2022

Poland’s retail sales increased in real terms by 8.2% YoY, but fell by 1.7% MoM in May, the Central Statistical Office said on June 22. Economists expected May’s retail sales to grow in real terms by 8.1% YoY and drop by 0.1% MoM. In current prices, retail sales increased by 23.6% YoY in May against…

Estonia: Saku profit up in 2021

Brewery Saku has reported a net profit of EUR 8.1 million for 2021, up by 19% YoY and the strongest result in recent years, driven both by the domestic retail market and by significant export growth. Saku’s sales revenue was EUR 69.35 million in 2021, up by 6.7%. Board member Jaan Harms said: “In terms…