Viada LT, a Lithuanian petrol station chain operator, has said it will terminate its station management contract with Amic Lietuva (formerly known as Lukoil Baltija), if reports about the group’s links with Russia are confirmed. Ukraine’s Economic Security Bureau has recently opened an investigation into Amic Energy amid allegations of possible tax evasion, alleging that…Details
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The National Bank bought $197.8 million and sold $122.43 million on the interbank foreign exchange market throughout last week. As a result of forex interventions, from August 15 to 19, the NBU bought $197.8 million on the interbank currency market. At the same time, the regulator sold $122.43 million. In total, since the beginning of…Details
For the sake of business mobility in the conditions of martial law, on September 1, an eVidriadzhennia (Business trip) will be launched. Today, the Government has endorsed a resolution that allows the introduction of this service in an experimental format. One can go on a business trip abroad for a period of up to 7…Details
The Customs Service has announced that there is an increased traffic of cargo trucks in the customs posts located on the Moldovan-Romanian border, on the way out of the Republic of Moldova. According to the institution, the number of lorries cleared in a 24-hour period is constantly increasing, respectively, in the last days there has…Details
The labour market remains in good condition, the development and technology minister has said commenting on the newest data from Poland’s statistical office. The Central Statistical Office (GUS) announced on August 19 that Poland’s corporate employment increased by 2.3% and the average corporate gross wage rose by 15.8% YoY in July, with both figures at…Details
Viciunu Grupe (Viciunai Group), controlled by Kaunas Mayor Visvaldas Matijosaitis and Liudas Skierius, says it has found five potential buyers for its Russian business. The group, however, refrained to estimate how long it would take to sell and transfer the business. On August 19, the company said that EY (Ernst & Young) experts had drawn…Details
Armenian Prime Minister Nikol Pashinyan said a “noticeable growth” was observed in the Armenian-Georgian trade and economic relations “despite challenges”. “We have a 97% increase in trade turnover”, Pashinyan said at the opening ceremony of the Bridge of Friendship on the border crossing between the two states on the Debeda River. The PM also said…Details