Lithuania reached a deal with a Polish company to purchase the Warmate loitering munition system. The so-called kamikaze drones will be handed over to Ukraine, Lithuania’s Ministry of Defence says. The agreement was concluded between Vice Minister of Defence Vilius Semeska and Poland’s WB Group in Warsaw. The Defence Ministry will broker the drone purchase…Details
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Georgia received $64.78 million from exporting electricity in January-July, up by 337% YoY, data published by the State Electricity System showed. The figures showed that 93% of the exports accounted for Turkiye, with 630,992,000 kWh of electricity exported to the country. In the reported period, 1 billion 41 million kilowatt-hours of electricity was also exported…Details
A large fire broke out on August 25 night at a waste-recycling plant in Kaunas. Firefighters were working overnight to contain the fire and prosecutors launched an investigation into its causes and the extent of the damage. The fire broke out at the site of the waste management company Zalvaris in Palemono Street at around…Details
For this season traders from the United Arab Emirates (UAE) are interested to buy apples, for next year they would also like to purchase cherries and in the future – Moldovan grapes. A representative of a fruit importing company for the UAE and neighboring countries made the statement. He visited Moldova Fruct last week, following…Details
Payments for the transit of sanctioned goods between mainland Russia and its Kaliningrad exclave through Lithuania should continue, Transport Minister Marius Skuodis has said, but admitted that there might be “challenges”. The last Lithuanian bank processing transactions from Russia and Belarus said it would stop doing it as of September, causing concern that this would…Details
Ukrainian banks have issued 14 loans worth UAH 33.2 million as part of a special lending program for exporters, with 12 more loan agreements yet to be signed, Ukraine’s Export Credit Agency reports. “The ECA’s partner banks as part of a special lending program for exporters during the martial law supported the issuance of 8…Details
The Ministry of Culture and Information Policy of Ukraine and WPP, the world’s leading marketing communications group, have launched the “Advantage Ukraine” project to attract investments to the Ukrainian economy, with the first results expected already in September, Ukraine’s Minister of Culture and Information Policy Oleksandr Tkachenko has said in a Telegram post. On Independence…Details