IN RUSSIA, AN INCREASE IN NON-PAYMENTS BY STATE-OWNED COMPANIES OF ALMOST 200% HAS BEEN RECORDED SINCE THE BEGINNING OF THE YEAR

The volume of non-payments by state-owned companies to Russian businesses in 2025 has soared by approximately 2.7 times in annual terms, writes “Vedomosti” with reference to the SME Corporation. We are talking about contracts concluded within the framework of public procurement (223-FZ). “If in 2024 there were 200 appeals for a total amount of 1.5…

Bulgaria: gold sales increase

2025 marked a historic year for investment gold, both globally and in Bulgaria, with record prices and growing investor interest. Over the past 12 months, gold surged nearly 60% year-on-year, setting more than 50 new price peaks, confirming its position as one of the best-performing assets. Despite a brief correction in October, the market has…

Estonia: Chinese e-commerce platform Temu’s arrival may threaten local economy

The share of consignments from China and e-commerce volumes are growing rapidly. One of the most aggressive online shops is Temu, which uses psychology to influence consumers. Experts recommend that consumers consciously consider the impact of their purchases and, where possible, prefer local producers. Omniva Estonia’s head of sorting, Eduard Resetov, said that goods of…

Ukraine: Government earmarks UAH 99.3 million to complete restoration work on three apartment buildings in Zaporizhzhia

Yulia Svyrydenko inspected the progress of restoration work on residential infrastructure in Zaporizhzhia that had been damaged by russian shelling. In particular, the Head of Government examined a restored apartment building in Zaporizhzhia. It was destroyed by russian missiles on March 22, 2023. Unfortunately, one person was killed, and 17 were injured. As part of…