The average price of Russian Urals oil in December 2025 fell to $39.18 per barrel, the Ministry of Economic Development of Russia reported on Tuesday. Compared to November ($44.87), the main export brand of Russian oil companies became 13% cheaper, and compared to the beginning of the year ($67.66 in January) – by 41%. Due…
Developers in 2025 put 41 million square meters of housing on the market, and the launch of new projects decreased by 12%, according to the “Dome. RF” summary of the year. According to the state company, in 2024, the construction of 48 million square meters was started. Last year’s decline was much greater than in…
The sharp increase in the recycling fee didn’t help AvtoVAZ: by the end of 2025, it reduced both sales and market share. However, new Russian manufacturers – companies engaged in assembling Chinese cars – are strengthening their positions. According to data from the analytical agency “AUTOSTAT”, 1.326 million new passenger cars were sold in Russia…
Inflation in Ukraine has been declining since June 2025, in line with forecasts. National Bank of Ukraine (NBU) Governor Andriy Pyshnyy said this reflected the central bank’s targeted monetary policy. “To curb inflation, we raised the key policy rate in March 2025 and kept it at 15.5%. As a result, savings in hryvnia remained attractive,…
The annual inflation rate continues its downward trend, recording in December 2025 the lowest value of that year, at 6.8%. The National Statistics Bureau (BNS) unveiled data to this effect. According to the cited source, in last December, compared to November 2025, average consumer prices increased by about 0.9%. This was triggered by higher prices…
Hotels in Bulgaria are transitioning to the euro without major issues, according to Georgi Duchev, executive director of the Bulgarian Association of Hotel Management Professionals. He said that most bookings were prepaid and modern hotel software allowed for straightforward currency conversion, easing the adjustment for both management and guests. Duchev noted that the hotel sector,…
Poland’s largest manufacturer of trains and trams, Pesa, has announced the acquisition of German rival HeiterBlick, as it seeks to expand its operations across Europe. In a statement on January 9, the state-owned Pesa announced that in late December 2025 it signed an agreement to acquire 100% of the shares of HeiterBlick, with the transaction…