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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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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…
DetailsGeorgian 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%.…
DetailsThe 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,…
DetailsOn January 13, 11 vessels with 313,500 tons of agricultural products left the ports of Greater Odesa. Three bulk carriers are heading to African countries at once. Bulk carrier Lady Litel with 31,000 tons of wheat – for Libya, bulk carrier East Wind 1 with 25,000 tons – for Tunisia and bulk carrier Lady Hatice…
DetailsIn times of war, the agricultural sector has become the basis of Ukrainian exports and, accordingly, the guarantor of foreign exchange earnings from trade. Four of the top 5 positions of goods that Ukraine sold last year were food and agricultural products. The agrarian part last year amounted to 53% of total exports. The total…
DetailsThe largest number of foreigners working in Poland are Ukrainians, the family and social policy minister has said. Marlena Malag cited data from ZUS, Poland’s main insurer, which showed that 1,063,300 foreigners were legally employed in Poland in December 2022, a rise by 191,700 from January 2022. Malag noted the majority were Ukrainian refugees who…
DetailsIn 2022, consumer prices in 2022 increased on average by 28.7% YoY. The National Statistics Bureau (BNS) unveiled the data. At the same time, in December 2022, compared to the same month in 2021, average consumer prices increased by 30.2%. The increase was influenced in particular by the increase in the prices of food products…
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