Since Russia’s invasion of Ukraine, the number of companies whose owners or ultimate beneficiaries have changed their declared citizenship from Russian or Belarusian has risen sharply. The most common new nationalities are Israeli, Latvian and that of Antigua and Barbuda, according to Latvian Radio. Experts cite two main reasons for the trend: an effort to…
In 2025, Ukraine completed a key stage of public investment management reform and established uniform rules for planning, selecting and financing investment projects at the national, regional and local levels. last year, the Government formed and approved a methodological framework for public investment management, which covered medium-term planning and prioritisation, project preparation and evaluation, the…
Sofia’s Vitosha Boulevard continues to hold its status as Bulgaria’s most expensive shopping street, with average rents reaching 726 euros per square meter per year, according to the latest Main Streets Across the World 2025 report by Cushman & Wakefield. This places Vitosha Boulevard 41st globally in 2025, a slight rise from its 42nd position…
Ukraine will win this war and become one of Europe’s engines of growth, Tarmo Sild, CEO of Iute Group, which is in the process of establishing a bank in Ukraine, has declared. The Estonian financial company Iute Group is acquiring RWS Bank in Ukraine. “We are buying selected assets from them. We’re taking over a…
During 2025, 11,008 individual entrepreneurs expressed a desire to open their own business and officially registered a business in Kharkiv. According to the Main Department of the State Tax Service in the Kharkiv region, 424 individual entrepreneurs chose Kharkiv as a new location for their activities and changed their tax address. As of January 1,…
Property prices in Sofia are expected to continue their upward trend in 2026, even as the number of completed transactions declines, according to real estate expert Dr. Georgi Yankov. Yankov, co-founder of Imvestia and a managing partner at a major real estate agency, noted that rising prices did not indicate a market equilibrium where buyers…
A small German manufacturer that once shifted production to Slovakia as part of its European expansion has exited the country, leaving more than 70 workers in Trencin facing uncertainty. LES Slovakia, the local arm of cable-harness producer LES Langen Electronic Systems, has entered bankruptcy after running into financial difficulties. A Bratislava court began insolvency proceedings…