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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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This February, the turnover of retail trade enterprises stood at EUR 683 million. Compared with February 2021, turnover increased by 4% at constant prices, Statistics Estonia said on March 30. On-year growth in turnover was 8% in January, but slowed down in February, Statistics Estonia analyst Johanna Linda Pihlak said according to a press release.…
DetailsThe Georgian Parliament approved a bill on Consumer Protection in a third reading with a total of 79 votes on March 29. The newly adopted bill establishes rules for consumer protection and prohibits “unfair commercial practices” that violate the values of “trust and good faith”. Nino Iobashvili, the Deputy Chair of the Parliament’s Committee on…
DetailsOn March 29, Latvia’s government approved the gradual increase of the defense budget to 2.5% of GDP in the next three years. The passed amendments to the Law on Financing National Defense provide for increasing the defense budget to no less than 2.25% of GDP in 2023. In 2024, the defense budget is planned to…
DetailsLithuania will ask the European Union for an additional 24 million euros to secure the Russian transit train corridor, Interior Minister Agne Bilotaite said on March 30. “It will include specific technical measures, in particular, the purchase of a helicopter. These are measures that would boost Kaliningrad transit security, and we need around 24 million…
DetailsMore than 13,000 tons of Moldovan apples from the 2021 harvest were exported to markets other than the Russian Federation, such as the European Union, Central Asia, the Persian Gulf and North Africa. More than 2,000 tons have already been exported over long distances in sea containers. For the first time, apples produced in Moldova…
DetailsIn the days following Russia’s invasion of Ukraine, all shops in Lithuania were seemingly out of salt. Why did people in the country panic-buy salt and why did it disappear from the shops in the first place? Most of Lithuania’s salt supplies were imported from Ukraine, according to representatives of Maxima and Lidl, two major…
DetailsThe Ministry of Foreign Affairs of Ukraine has called on western partners to increase sanction pressure on Russia amid the attempts to introduce the ruble in the temporarily occupied parts of Zaporizhzhia and Kherson regions. This was stated on Twitter by Foreign Ministry spokesman Oleg Nikolenko. “Faced with total resistance from the local population, Russia…
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