On December 19, the Ukrainian State Property Fund sold the nationalized enterprise, Aeroc LLC, through privatization auction for UAH 1.89 billion. The relevant statement was made by the Ukrainian State Property Fund on Facebook. “Today, an online large privatization auction for the sale of the state-owned share in the amount of 100% in the authorized…
An illegal tobacco factory has been uncovered in Latvia after a large shipment of smuggled cigarettes was intercepted in Lithuania in October, the Customs Criminal Service said on December 20. On October 18, the service’s officers in Klaipeda seized nearly half a million packs of illicit cigarettes. Valued at around 3 million euros, the cigarettes…
The Borovets ski area opened for the winter season on December 21, according to Vasilia Konstantinova, executive director of Borosport AD, the company managing the resort. The ski area is operational daily from 8:30 am to 4:30 pm. Until December 27, lift passes will be available at last year’s prices. After the holiday period, however,…
In January-November, Ukraine exported 72.7 million tons of agricultural products. Until the end of the year, Ukraine’s agricultural exports are expected to hit about 77 million tons. The relevant statement was made by Ukrainian Agrarian Policy and Food Minister Vitalii Koval during the All-Ukrainian Agrarian Conference “Victory’s Harvest”. “Last year we exported 67.3 million tons…
Minister of Finance of Ukraine Sergii Marchenko gave a speech online at a meeting of finance ministers, central bank governors of the G7 member states, the IMF and World Bank, the European Commission and the OECD. The parties discussed the state of Ukraine’s financial system, financial priorities for 2025 and the implementation of the G7…
New car sales across the European Union dropped by 1.9% in November, reflecting the ongoing challenges in the automotive sector, as weak demand continues to impact the region’s largest car manufacturers. Despite this overall decline, Bulgaria experienced a notable uptick in new car registrations, with a 14% increase in November, reaching 3,956 units. This downturn…
Foreign investment in Bulgaria has drastically fallen by 65% in 2024, according to the latest data from the Bulgarian National Bank reported at the end of October. This decline is attributed to several factors, including weakening demand from traditional markets in Europe and around the world, as well as ongoing political uncertainty within the country.…