Tallinn is commissioning articles from BBC StoryWorks to market the city as a sustainable capital. The city sees this as an opportunity to attract companies interested in innovation, as well as investments and skilled workers to Tallinn. According to Krista Kampus, head of the EU and foreign cooperation department at Tallinn’s Strategy Center, the opportunity…
Turkish businesses opened the most companies in Ukraine last year. Despite the negative consequences of the war, difficult conditions and challenges, Turkey and Turkish businesses continue to demonstrate a strong interest in doing business in Ukraine, Burak Pehlivan, head of the Turkish-Ukrainian Business Association (TUID), has said. “Despite the ongoing war, Turkish-Ukrainian economic and trade…
The Ministry of Finance expects wage growth to reach 9.1% in 2025, largely driven by the recent increase in the minimum wage and wage hikes in certain public sector roles. However, wage growth is anticipated to slow significantly in the coming years, with projections indicating a drop to 5% in 2026, accompanied by an expected…
Since the beginning of 2025, businesses have received 4,817 soft loans under the Affordable Loans at 5-7-9% programme totalling UAH 21.9 billion. Since the launch of the programme in February 2020, businesses have taken 108,500 loans worth UAH 381.9 billion. Last week, Ukrainian entrepreneurs received 1,090 soft loans worth UAH 10.2 billion. “In spring, preferential…
In 2023, women held 3.7 million management positions across the European Union, marking an increase from 3.1 million in 2014, as reported by Eurostat based on the EU’s labor force survey. Although women make up nearly half of the EU’s workforce (46.4%), their representation in management positions stands at 34.8%. This reflects progress from 2014,…
The impending change of ownership of supermarket Rimi is unlikely to have a major impact in Estonia, as competition among retail chains is tight, the board chair of competitor Coop said. Swedish retail group ICA Gruppen this week announced that it was selling its Rimi stores in Estonia, Latvia and Lithuania to Danish retail giant…
A nationwide information campaign on Bulgaria’s adoption of the euro is set to launch this month, Finance Minister Temenuzhka Petkova has announced during a parliamentary session. She stated that the delays in the preparation and awarding of public procurement for communication activities had largely been resolved, paving the way for the campaign’s official rollout. Petkova…