Estonian manufacturing companies have left behind the crisis year, can see both turnover and profitability growing this year and are planning to hire nearly 3,000 people, the results of a survey carried out by Swedbank in spring show. Of the businesses surveyed by Swedbank in the latest survey of industrial companies, 76% expect profitability to…
At the end of Q1, there were 21.5 thousand job vacancies in Latvia, up by 2.6 thousand vacancies or by 14% YoY. In private sector there were 14.1 thousand and in public sector 7.4 thousand job vacancies. Over the year, the number of job vacancies in private sector increased by 3.2 thousand or by 28.7%,…
Compared to the first quarter of 2020, inflow of foreign direct investment to Kyrgyzstan decreased by almost a quarter, the National Statistical Committee reported. The inflow of investments in January-March compared to the same period in 2020 decreased by 24.4% and amounted to $112.1 million. There was a decrease in the inflow of all components,…
Milk production in Ukraine decreased by 5.3% YoY in January-May, according to the State Statistics Service of Ukraine. In particular, milk output amounted to 3.43 million tons, including 1.4 million tons produced by agricultural enterprises (-0.6%) and 2.29 million tons by private households (-6.5%). The highest volumes of milk production over the reporting period were…
On June 15, First Vice Prime Minister of Ukraine – Minister of Economy of Ukraine Oleksiy Lyubchenko met with Minister of Economy of the Republic of North Macedonia Kreshnik Bekteshi to discuss key issues of trade and economic cooperation. “We are interested in deepening mutually beneficial cooperation with North Macedonia which is a promising trade…
Last year grey economy in Latvia increased by 1.6% YoY, reaching 25.5% of the country’s GDP, as reported by Stockholm School of Economics in Riga business center director Arnis Sauka at a press-conference dedicated to grey economy. He said that the grey economy had increased since 2021 and this was not a good thing. “If…
Estonia’s nation e-Residency program has reported a 2020 revenue of EUR 19.7 million, the highest in its six-year existence, with profits also topping previous records. e-Residency CEO Lauri Haav said: “We welcome the government’s unwavering faith in the program, and I am confident that every euro invested in the program will bring manifold returns, which…