A major Russian developer, the Samolot group of companies, applied to the government for state support. The company’s shareholders are ready to provide the state with blocking and more shares with participation in management and the right to repurchase at a new price. This is stated in a letter from Samolot’s CEO, Anna Akinyshina, addressed…
The risks to the financial stability of metallurgical companies are increasing, the Center for Strategic Research noted in a review titled “How Steel Was Cooled”. Domestic demand and prices for most types of ferrous metallurgy products are falling, which is rapidly worsening the financial performance of companies, the Center for Strategic Research notes and warns:…
Since the start of Russia’s full-scale invasion, Japan has provided Ukraine with more than $15 billion in assistance across various sectors. Ihor Zhovkva, Deputy Head of the Office of the President of Ukraine, said this in his remarks at the 6th Ukraine-Japan Forum “Restoring the Rules-Based Order: Ukraine and Japan’s Roles in Global Security”. “This…
Moldova will provide humanitarian aid to Ukraine, in the context of constant attacks on critical infrastructure, unfriendly weather conditions, and as a sign of solidarity and gratitude for defending the entire European continent against the aggression of the Russian Federation for almost four years. The batches of humanitarian assistance include various material goods in the…
Bulgaria is facing rising living costs, with service prices still climbing, according to economists. Authorities have already flagged the most frequent violations of the Law on the Euro since the start of the year, largely in the form of unjustified increases in the services sector. Analysts predict that overall prices in the country will grow…
The cost of living in Slovakia ranks among the highest in Eastern Europe. Data from the Numbeo portal, which analyses prices in thousands of cities worldwide, show that Bratislava has become the second most expensive city in the region. In the cost of living index excluding rent, only Prague scores higher. The latest ranking challenges…
International food producer Paulig plans to expand in Estonia, though this hinges on reaching an agreement with Swedish trade unions. Relocating production to Estonia, where Paulig already operates a production plant in Saue, near Tallinn, would mean closing a factory in Molndal, Sweden, which Paulig currently leases. To close down the Molndal plant, near Gothenburg,…