The Parliament has supported key draft laws on Defence City, a special legal regime to support domestic enterprises in the defence-industrial complex. The aim of the special regime is to increase the production of modern Ukrainian weapons and military equipment, develop cutting-edge technologies, attract investment to the sector and enhance the capabilities of the Defence…
In 2024, the total profit of state-owned enterprises in Ukraine almost doubled compared to the previous year, reaching over 16 billion hryvnias against 8.8 billion in 2023. At the same time, the amount of losses of state-owned companies decreased by almost 3 billion hryvnias. The main profits were provided by enterprises in the processing industry…
BORICA has officially become the first and only Bulgarian provider registered in the public register of the European Payments Council (EPC), following the completion of registration and technical compliance procedures. This milestone positions Bulgaria alongside technologically advanced European markets where online transfers are secured by verifying that the IBAN and the recipient’s name match. The…
Constructive collaboration and maintaining a balance between the economy, the agricultural sector and environmental protection are key priorities for the restructured Ministry. This was emphasised by Oleksii Sobolev, Minister of Economy, Environment and Agriculture of Ukraine, during a working meeting with the Verkhovna Rada Committee on Environmental Policy and Nature Management, chaired by Committee Head…
Bulgarian business is riding a wave of momentum in the second quarter of 2025, with newly established companies growing by 7.3% – a pace faster than the EU average of 4.6%. According to Eurostat’s latest figures, Bulgaria is emerging as an increasingly dynamic player on the European entrepreneurial map. Yet, alongside this boom, the country…
With the diversified mechanism for fuel supply and competition, which was developed in 2022, Ukraine’s fuel market operation remains stable. The relevant statement was made by A95 Consulting Group Director Serhii Kuiun. As noted by the expert, Russians continue attacks on oil depots and oil processing facilities. Recently, the enemy has destroyed two oil depots…
In the second quarter of 2025, there was an increase in the income and expenses of Bulgarian households. The average total income per person was 3,620 leva (1,850 euros), up by 12.6% YoY. The largest share of income comes from wages (58.3%), according to data from the National Statistical Institute (NIS). Total expenses increased by…