Germany’s armaments company Rheinmetall and its Lithuanian partners on November 4 held a groundbreaking ceremony for a new ammunition factory worth several hundred million euros near the northern town of Baisogala. The facility will be built on a 340-hectare site in Kemerai, a village about six kilometres from Baisogala in Radviliskis district. It is expected…
Starting today, Ukraine has begun accepting applications from electronic document management operators to test the electronic consignment note (ECN) system in the field of domestic freight transportation. This was announced on Facebook by Deputy Minister of Community and Territorial Development Serhiy Derkach. “Today marks the start of accepting applications from electronic document management operators to…
Minister of Defence of Ukraine Denys Shmyhal stated that over the past three months, the Ministry of Defence concluded 20 contracts under the “Danish model.” The total value of these contracts with partner countries’ defence entities and manufacturing companies amounted to EUR 1.4 billion. “In total, EUR 427.8 million has been disbursed to Ukrainian manufacturers…
The new government has a well-developed plan of actions for the country’s economic development, and the first measures that can be implemented in a 100-day period could lead to achieving an economic growth of up to 1-2%. The designated Minister of Economic Development and Digitalization Eugen Osmochescu has made statements to this effect. “We already…
Prices in Estonia have eased for the second month in a row, and analysts expect the slowdown to continue next year even as the country still leads the euro area in inflation. According to preliminary data from Statistics Estonia, prices in October stayed level with September. On year, the consumer price index (CPI) rose by…
Following a trip to Rivne region and at the request of businesses, the Government has taken a decision to temporarily ban the export of unprocessed timber. “This is a necessary step to look after people during the winter, preserve the operations of our enterprises, and reduce the burden on the environment,” stressed the Prime Minister.…
Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Taras Kachka met with a delegation from the United Nations Industrial Development Organization (UNIDO). The delegation was led by Yuko Yasunaga, Deputy to the Director General and the Managing Director of the Directorate of Corporate Services and Operations. It also included Stephan Sicars, UNIDO Senior…