Bulgaria’s dairy sector faces a concerning revelation, as Eurostat data expose the country’s stark reality: recording the lowest annual average milk production across the European Union in 2022. According to the statistics published on November 20, Bulgarian dairy farms yielded an average of approximately 3,621 kg per cow, the lowest in the EU. This distressing…
15 companies will access non-refundable financing worth between 200,000 lei and 600,000 lei (30,000 euros), in order to invest in the development, ecologization, digitalization and internationalization of businesses. The managers of the beneficiary companies participated in an information session, in order to be familiarized with the contractual provisions. Subsequently, the economic agents will sign the…
Since the beginning of the year, women in Ukraine have opened 154,000 new individual proprietorships, which is 56% of all businesses started this year. According to Opendatabot, as of mid-November, the number of new women entrepreneurs amounted to 154,388, with a total of 274,859 businesses opened. Since February, every second new business has been started…
Ukraine’s State Property Fund plans to sell UAH 4 billion worth of assets at privatization auctions in 2024. “The fund has already created auction commissions to determine the starting prices and terms of sale for 15 objects of large privatization. In the future, the terms of sale and starting prices will be approved by the…
Poland’s listed energy concern Orlen has taken over a 100% stake in Kufpec Norway, a unit of the international oil company Kuwait Foreign Petroleum, which is engaged in exploration in Norway. The deal has a transaction value of $445 million as estimated for January 1, 2024, Orlen has said in a press statement. Thanks to…
The Center Regional Development Agency (ADR) has announced the start of the expropriation procedure, based on the law on the declaration of public utility of national interest for the construction works of Chisinau-Straseni-Calarasi aqueduct. After the publication of the expropriation act in the Official Journal of the Republic of Moldova (November 16), the expropriator (the…
Bulgaria’s Minister of Finance, Asen Vassilev, provided reassurance that the forthcoming abolition of the derogation for Russian oil, scheduled for March 1, 2024, would not disrupt the Bulgarian market or prompt price hikes. Speaking to journalists in Blagoevgrad, Vassilev addressed the recent agreement between political parties – GERB-SDS, We Continue the Change – Democratic Bulgaria…