The Federal Tax Service (FTS) has demanded that dozens of companies involved in road construction pay a total of 9.5 billion rubles into the budget. This follows from the results of arbitration courts for 2024–2025, which were reviewed by “Izvestia”. This includes major contractors who participated in the construction of the M-12, M-4 “Don”, R-22…
Russian authorities are planning to postpone the start of construction of the Northern Latitudinal Railway (NLR), a railway corridor in the Arctic, for three years, the cost of which is estimated at more than 800 billion rubles, a source told Kommersant. According to him, for this, the government will suspend the implementation of the concession…
The Cabinet of Ministers has earmarked UAH 8.8 billion from the State Budget reserve fund to finance compensation to citizens for destroyed housing. The funds will be directed to the Ministry for Communities and Territories Development to finance housing certificates under the eVidnovlennia programme. The Cabinet of Ministers adopted the relevant decision at its meeting…
To ensure grid stability, Baltic system operators will cap the Estonia-Latvia transmission capacity below 1,000 megawatts next year, limiting power producers. The electricity system operators of the three Baltic States have conducted new stability calculations, resulting in a decision to adjust transmission capacities. For the Estonia-Latvia connection, this means that starting from January 1, 2026…
There are suspicions of violations of the investment contract provisions by Lukoil Company, and authorities are set to clarify responsibilities through legal procedures, says Prime Minister Alexandru Munteanu. The Prime Minister provided clarifications on the situation of Lukoil’s investments in the petroleum infrastructure at Chisinau International Airport, noting that since the imposition of international sanctions…
Ahead of Bulgaria’s entry into the eurozone on January 1, 2026, and due to heightened demand for euro coin starter kits featuring the national side, the Bulgarian National Bank (BNB) will extend its working hours for customer service on December 27. At the BNB central building, located at 1 Knyaz Alexander I Square in Sofia,…
Estonian media group Ekspress Grupp said on December 23 it had agreed to sell Lithuanian news portal lrytas.lt to a company owned by television producer Rolandas Skaisgirys, following an order by Lithuania’s Competition Council to divest the outlet. The buyer is Admisa, a company owned by Skaisgirys, who is also chairman of the board of…