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Wednesday, September 23, 2026
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Economy Page 25

Turkey will provide Ukraine with floating power plants

Turkey will provide Ukraine with floating power plants

The Ukrainian national company JSC ‘Energy Company of Ukraine’ (EKU) signed a memorandum with the Turkish manufacturer Karpowership on the supply of floating power plants for the needs of our country. They will be able to provide electricity to 1 million households. This is reported by Anadolu with reference to the statements of Karpowership. Floating […]

Lithuania will create its own chip production – Taiwan will help it in this

Lithuania will create its own chip production – Taiwan will help it in this

The Teltonika technology company intends to build a semiconductor manufacturing plant in Lithuania. It is expected that it will be created with the support of Taiwanese colleagues and will use Taiwanese technology, and will be operational as early as 2027. The Lithuanian authorities have announced the country’s intention to become a major player in the […]

The price of Russian oil fell to $40 per barrel

The price of Russian oil fell to $40 per barrel

On the Russian oil market, which has been under the European embargo since December, prices have fallen at the first New Year’s auctions. Bloomberg writes about this with reference to data from the Argus price agency. The price of Urals, the main brand of the Russian oil industry, which accounts for almost two-thirds of exports, […]

The year 2022 became ‘worse than the pandemic’ for Russian companies – study

The year 2022 became ‘worse than the pandemic’ for Russian companies – study

Last year 2022 in Russia turned out to be more unsuccessful for large companies, according to the HeadHunter research. Three quarters (76%) of the heads of the largest enterprises noted the negative consequences of sanctions, the war against Ukraine, mobilization and other events of 2022 for their business. At the same time, the majority of […]

Estonia stops rail transportation of Russian goods

Estonia stops rail transportation of Russian goods

The Estonian authorities have banned the state railway company Operail from transporting Russian and Belarusian goods from January 1, 2023. The order was signed by the Minister of Economy and Infrastructure Riina Sikut. The management of Operail was instructed to ‘assess the ethicality of commercial relations’ with Russia and Belarus and to gradually abandon them, […]

Power units of all nuclear power plants controlled by Ukraine are connected to the network again – ‘Energoatom’

Power units of all nuclear power plants controlled by Ukraine are connected to the network again – ‘Energoatom’

Energoatom reported that all 9 power units of the three operating NPPs controlled by Ukraine (South Ukrainian, Rivne, and Khmelnytsky) are connected to the country’s power system. This is stated in the company’s message. ‘Today, December 13, 2022, at 01:09, the last ‘thousandth’ power unit of ‘Energoatom’ (with a capacity of 1,000 MW) was connected […]

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