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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.
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The Bulgarian government has approved a decision allowing Kozloduy Nuclear Power Plant (NPP) to engage in public procurement and secure contracts for the supply of goods and services from Russia. This exception, recorded in a Council of Ministers decision, aligns with European Union regulations. Under this decision, Kozloduy NPP is permitted to import iron and…
DetailsAs Latvia is moving to ban Russian instructions in ATMs, Lithuania is not considering similar measures. Banks say the Russian-language option is used by about 8% of their clients. The Latvian parliament is one vote away from banning instructions in Russian in the country’s ATMs. If the motion comes through, users will only be able…
DetailsAccording to the latest Eurostat figures, Bulgaria has emerged as one of the top five EU countries in terms of growth in tourist overnight stays in the second quarter of 2024. This period shows a marked increase compared to the same timeframe in 2023, underscoring Bulgaria’s appeal to both domestic and international visitors. During this…
DetailsThe first large privatization auction has been completed in the Prozorro.Sale system, selling Kyiv-based Ukraine Hotel for UAH 2.5 billion. The auction results were published on the website of Prozorro.Sale JSC. On September 18, the first auction was held as part of large privatization. Four-star Ukraine Hotel, situated in downtown Kyiv, was offered for sale.…
DetailsAs of September 10, late grains, legumes and corn were harvested on an area of 470,100 hectares, or 62% of the forecast, and 2 million tons of grain were harvested in Kirovohrad region, Valeria Furmanova, Director of the Department of Agricultural Development of the Kirovohrad Regional State Administration, reported. “Farms in the region started harvesting…
DetailsThe Bulgarian tourism industry faces significant challenges due to delays in processing both work and tourist visas for individuals from third countries. The situation has particularly impacted the tourism and construction sectors, with other industries also struggling to manage visa applications. The issue intensified following the COVID-19 pandemic, which saw a shift in the workforce,…
DetailsLithuania is planning to provide another 40-50 million euros in military aid to Ukraine this year, Defence Minister Laurynas Kasciunas has said. According to the minister, Lithuania has already provided 153 million euros in aid to Ukraine this year. Lithuania also plans to contribute 10 million euros to the production of the Palanytsia rocket drone…
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