International tourism revenues rose 11% in the first quarter compared to the same period last year, to $1.7 trillion, the UN World Tourism Organization (UN Tourism) reported on Tuesday.
“We are seeing significant growth in tourism revenues across many destinations in early 2025. The average expenditure per international trip in 2024 was $1,170, which is almost 20% higher than the pre-pandemic average of $1,000,” the report said.
According to the organization, Spain, the world’s second-largest tourist destination, reported a 9% increase in tourism revenues in the first two months of 2025 (compared to the same period in 2024). In the Southern Mediterranean region of Europe, Turkey (+7%), Greece, Italy, and Portugal (all three countries saw 4% growth) showed good results in the first quarter. France recorded a 6% increase in international tourism revenues, Norway 20%, and Denmark 11%.
According to UN Tourism, the growth in tourism revenues in Asia was even more noticeable. In Japan, it amounted to 34% in the first quarter, in Nepal – 18%, in South Korea and Mongolia – 14% each.
The United States, which has the highest tourism revenues in the world, reported a 3% increase in January-March 2025.
“Revised data show that total international tourism export revenues (revenues and passenger transport) grew by 11% (in real terms) and reached a record US$2 trillion in 2024, which is about 15% higher than the pre-pandemic level. This is about 6% of total global exports of goods and services and 23% of global trade in services,” the report says.
According to UN Tourism, the growth in international tourism revenues in 2024 is linked to increased spending on overseas travel in the United Kingdom (+16% compared to 2023), Canada (+13%), the United States (+12%), Australia (+8%), and France (+7%). Travelers from China, the world’s largest spender on foreign tourism, spent 30% more abroad in 2024 than a year earlier and 3% more than before the pandemic.
Saudi Arabia (+17%), Spain (+14%), Belgium (+14%), the Netherlands (+13%) and Austria (+11%) also reported growth in travel spending.
The Embassy of the Republic of Uzbekistan in Ukraine invites Ukrainian companies and interested organizations to PARTICIPATE in the largest international exhibition in Central Asia dedicated to ecology and sustainable development — ECO EXPO CENTRAL ASIA 2025, which will be held in Tashkent from June 19 to 21, 2025.
The exhibition will bring together global companies working in the field of eco-technologies, innovative start-ups, state and international organizations, and experts in sustainable development.
The industrial zones of the exhibition will cover 16 thematic areas, each reflecting key aspects of sustainable development.
These include greening, green finance and economy, ecotourism, Aral ecology, renewable energy, green construction, water and energy saving technologies, digital education and knowledge, sustainable agriculture, recycling and clean technologies, protected natural areas, green transport, green cities, ecological culture, artificial intelligence and ecology, as well as sustainable initiatives in the FMCG and retail sectors.
Each section will feature cutting-edge technologies, stands of leading companies and start-ups, and interactive simulations.
To register and receive additional information, please follow the link.
Industrial-scale production of long-range weapons can take place in both Ukraine and Germany, according to Chancellor Friedrich Merz.
“Today we have taken the first step in the right direction. I am referring to the production of long-range weapons between Ukraine and Germany. And this will be a cooperation. We are talking about industrial volumes. And this will happen, and can happen here and in Germany, that is, in Ukraine and Germany,” Merz said during a press conference with Ukrainian President Volodymyr Zelensky in Berlin on Wednesday.
The chancellor noted that Russia’s vacillation on the issue of negotiations would have consequences. “And we will implement these consequences every day,” he stressed.
JSC Scientific and Technical Complex (STC) Elektronprylad (Kyiv), almost 91.77% of whose shares are owned by the state, will pay dividends in the amount of UAH 21.152 million, or UAH 0.77 per share, based on the results of 2024.
According to the company’s report in the NSSMC’s information disclosure system, this decision was made by the company’s shareholders’ meeting on April 30.
The dividend payment period is from July 1 to October 30 of this year.
As stated in the draft minutes of the general meeting, 75% of the net profit received in 2024 will be allocated to the payment of dividends. Another 25% of net profit will be allocated to expenses provided for in the company’s financial plan.
The company does not disclose its net profit for 2024, but according to Clarity Project, it amounted to UAH 28.203 million (in 2023 – UAH 6.36 million). Net income doubled to UAH 345 million.
NTK Elektronprylad specializes in the creation of onboard aviation equipment for aircraft. The company was established in 1962 on the basis of the automated control systems of Antonov Design Bureau.
The authorized capital of NTK Elektronprylad is UAH 6.785 million, and the par value of a share is UAH 0.25.
In January-March 2025, PJSC Khimpharmzavod Chervona Zirka (Kharkiv) increased its net profit by 66% compared to the same period in 2024, to UAH 6.144 million.
According to the company’s disclosure to the National Securities and Stock Market Commission, its net sales revenue for the period increased by 27% to UAH 100.558 million.
Chervona Zirka is a Ukrainian manufacturer of medicines, therapeutic cosmetics, and dietary supplements.
According to the OpenDataBot system, the company’s net profit for 2024 amounted to UAH 24.063 million, which is 64% more than in 2023.
The ultimate beneficiary of the company is Elena Galkina.
During a conference call on May 22, the Board of Directors of agricultural holding IMC approved the payment of interim dividends based on the financial statements as of the end of March this year in the total amount of EUR 22.37 million (EUR 0.63 per share).
The agricultural group published information about the relevant decisions on its website.
IMK noted that when determining the dividends, it was taken into account that net profit for the first quarter of 2025 amounted to EUR 16.74 million, undistributed profit at the end of March was EUR 7.08 million, and issue proceeds were EUR 17.84 million.
Dividends will be paid on June 5 to shareholders as of May 29. Following the announcement of dividends, IMK shares rose by approximately 15%, or PLN4, to PLN31.9 per share (about EUR7.5).
IMK is an integrated group of companies operating in the Sumy, Poltava, and Chernihiv regions (northern and central Ukraine) in the crop production, elevators, and warehousing segments. The land bank is 116,000 hectares, storage capacity is 554,000 tons, and the 2024 harvest is expected to be 864,000 tons.
IMK ended 2024 with a net profit of $54.54 million, compared to a net loss of $21.03 million in 2023. Revenue increased by 52% to $211.29 million, gross profit quadrupled to $109.10 million, and normalized EBITDA increased 25-fold to $86.11 million.
