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Thank you for your attention to the Business World Magazine (Ukraine)

Business World Magazine (Ukraine)

Business World Magazine (Ukraine)

Business World Magazine (Ukraine) is the informational portal.

BWM (Ukraine) informs on doing business in various countries, with special attention paid to Ukraine, Russia, Belarus, Azerbaijan and other ex-USSR countries, their business relations, investments and innovations.

The magazine reaches financial, consulting, business development, marketing, executive, sales, public/investor relations, information center/library, competitive intelligence, research and development, information systems/it, strategic planning, technology/engineering, operations/facilities management, legal, manufacturing, human resources. Our information is also available at Dow Jones FactivaLexis-Nexis и EMIS

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Lithuania: President cautions against rushing to change pension system again

Lithuania should carry out an audit of its pension reform launched five years ago and evaluate the results before considering any changes to the system, President Gitanas Nauseda said. The president’s comment comes amid public outrage over the automatic inclusion of people into the additional pension accumulation system. Nauseda noted that the Lithuanian pension system…


Poland: inflation to fall by Q3 2023

Decrease of inflation to 16.6% in December 2022 was mainly due to the effect of lower heating costs, Jakub Rybacki from the Polish Economic Institute (PIE) said. As announced on January 13 by the Central Statistical Office (GUS), inflation in December 2022 amounted to 16.6% YoY. A month earlier, it stood at 17.5%. According to…


Lithuania: INPP signs new contracts

Two international consortia have contracted to develop technologies for dismantling the reactors of Lithuania’s Ignalina Nuclear Power Plant (INPP) for around 11 million euros, not including VAT, in total. The plant was shut down more than a decade ago and was now being decommissioned. On January 11, the INPP signed two contracts for design services…


Georgia: external trade up in 2022

Georgian external trade turnover amounted to $19.04 billion in 2022, up by 32.8% YoY, the Georgian National Statistics Office revealed. The value of exports rose by 31.8% and equaled $5.59 billion, while imports grew by 33.2%, amounting to $13.45 billion in 2022. Trade deficit reached $7.85 billion, and the share of trade turnover hit 41.3%.…


Lithuania: Europe maintains fine for removing Mazeikiai-Renge railway section

The Court of Justice of the European Union reported the decision was made to maintain in force the verdict with which Lithuanian state railway company Lietuvos gelezinkeliai was fined EUR 20.069 million for demolishing Mazeiki-Renge railway section. Complying with the decision of the European Commission (EC), Lithuania did restore the railway section. In February 2020,…