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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 Republic of Moldova will receive about 25.5 million euros from Romania to start the implementation of projects in strategic areas, such as education and the improvement of public utility services. The decision was taken based on the requests of the authorities in Chisinau and the proposals set by the ministries at the meeting of…
DetailsThe cruise season in Klaipeda reached pre-pandemic levels this year, with the number of ship calls surpassing the five-year average. “We practically reached the 2019 level,” Algis Latakas, the port’s CEO, told a news conference. “It was a good year and a great season – 61 ships visited Klaipeda, which was not a record number…
DetailsThe Ukrainian energy system has already stabilized, but Ukrainians should reduce electricity consumption during peak hours. Prime Minister Denys Shmyhal said this at a government meeting on October 14. “On October 13, we managed to stabilize electricity supply throughout the country after attacks by Russian terrorists on our energy infrastructure on October 10-12,” Shmyhal said.…
DetailsThe Ukrainian Finance Ministry and the International Monetary Fund (IMF) have discussed the possibility of launching a new loan program to ensure the priority expenditures of Ukraine’s state budget for 2023. The relevant statement was made by the Ukrainian Finance Ministry, following a meeting between the Finance Minister Sergii Marchenko and the IMF’s representatives. “In…
DetailsGeorgian Railway on October 13 dismissed reports by opposition-minded TV channels on an alleged presence of railway freight subject to international sanctions on Russia in Georgia’s western city of Batumi as “fake”. In rejecting the information, the company said the freight carriages in question carried fuel oil belonging to a Kazakh company. It also explained…
DetailsLithuania’s budget for 2023 was planned with 3% of GDP allocated to defence spending. However, the plans had to be adjusted due to the energy crisis, Defence Minister Arvydas Anusauskas said on October 13. “We had plans for 3%. That plan has not disappeared anywhere, but after that plan was drawn up, the energy crisis…
DetailsMoldova will be able to buy electric energy from Romania at a price of 450 Romanian lei/MWh (about 90 euros/MWh), due to amendments to the legislation made by the Romanian government on October 13, following discussions with the Moldovan Cabinet. According to Deputy Prime Minister, Infrastructure and Regional Development Minister Andrei Spinu, Romania helps Moldova…
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