Swedish and Ukrainian defense companies Saab and Radionix have signed a memorandum of understanding to form a strategic cooperation in the field of sensors and defense electronics to strengthen Ukraine’s defense capabilities.
According to Saab’s website, the cooperation will involve the development and maintenance of sensors and defense electronics, utilizing the strengths of both companies.
Radionix will provide valuable know-how in the field of radar and optical sighting equipment, while Saab will contribute its experience in the defense industry and knowledge in these technological areas.
The residential real estate market in Montenegro in 2024 showed a significant increase in prices for both apartments and houses. The average cost of housing in new buildings increased by 20%, reaching EUR 1,844 per square meter.
Regional differences in prices:
Podgorica: In the capital, the average housing price increased by 11.5% to 1,763 euros per square meter in the second quarter of 2024.
Coastal areas: In the coastal region, prices for apartments and houses increased by almost 30% over the year to 2,028 euros per square meter.
Central region: In the central region, the average price of housing increased by 34.5% compared to the previous year and amounted to 960 euros per square meter in the second quarter of 2024.
Northern region: In the north of the country, the average cost of new housing rose by 7.1% to €1,306 per square meter.
Price growth factors:
Demand from foreign investors: Montenegro continues to attract foreign buyers due to its loyal tax policy and prospects of joining the European Union.
Limited supply: In popular tourist regions such as Budva, Tivat and Bar, there is a shortage of luxury housing, which contributes to the growth of prices.
Economic reforms: Montenegro’s accession to international organizations and expected accession to the European Union make the region more stable for long-term investment.
Forecast for 2025:
Experts predict continued growth in real estate prices in Montenegro in 2025, especially in areas with developed tourist infrastructure. Demand for luxury properties in coastal areas is expected to remain high, leading to further price increases.
Buyers are advised not to postpone their decision to purchase real estate, given the current market trends.
http://relocation.com.ua/analiz-rynku-zhytlovoi-nerukhomosti-cho/
– The first corporation to top the Corporate Knights Global 100 twice
– 14th consecutive year in the Global 100, 7th time in the top ten
– Strong results in key ESG rankings for 2024
Rueil-Malmaison (France), January 22, 2025 – Schneider Electric, a leader in digital transformation in energy management and automation, has been named the World’s Most Sustainable Corporation 2025 by Corporate Knights and is the only company to be ranked first twice in the Global 100. For the first time, Schneider Electric topped this annual list of the most sustainable public companies with annual revenues over $1 billion in 2021. This unique achievement underscores the company’s long-term commitment to sustainability and its integrated approach to achieving the best environmental, social and governance (ESG) results.
“For many years, sustainability has been at the heart of Schneider Electric’s business. For IMPACT, it is not just a corporate goal, but a driving force that drives our business decisions and inspires our employees,” said Olivier Blum, CEO of Schneider Electric. “Being named the second Most Sustainable Corporation in the World by Corporate Knights, along with other key ESG recognitions, is a testament to the meaningful, long-term positive impact we are making.”
This year’s top spot for Schneider Electric reflects its leadership in sustainability, including its gender balance among executives and board members, as well as its innovative solutions for energy efficiency, electrification and decarbonization. Schneider also received high marks for its efforts to decouple energy consumption and carbon emissions from business growth, as well as for its significant investment in sustainable research and development. Corporate Knights also noted the correlation between the executive compensation system and the company’s sustainability goals and ESG ratings.
The annual Global 100 index, compiled by Canadian media and research company Corporate Knights, is based on openly available quantitative data on resource use, employee and supplier policies, sustainable revenues and investments. The Global 100 methodology uses both fixed and variable key performance indicators to compare companies among their competitors. Schneider Electric has been included in the Global 100 for the 14th consecutive year and the 7th time in the top 10, a record for its electrical equipment industry.
The awarding of this title in 2021 and 2025 coincides with the beginning and end of the five-year period of the latest Schneider Sustainability Impact program. This program measures the company’s progress against a number of key ESG goals set for the end of 2025 and helps maintain a sustained focus on achieving both global and local ambitions.
Schneider ‘s leadership in sustainability is also recognized by recent high scores from leading ESG rating providers:
See also:
– Schneider Electric latest sustainability performance reports
– Environment, Social, Governance (ESG) FAQ
About Schneider Electric
Schneider’s purpose is to create impact by empowering everyone to make the most of our energy and resources, ensuring progress and sustainability for all. We call it Life Is On.
Our mission is to be a trusted partner in sustainability and efficiency.
We are a global technology leader, bringing world-class expertise in electrification, automation and digitalization to smart industries, reliable infrastructure, future-proof data centers, smart buildings and intuitive homes. Drawing on our deep industry expertise, we provide integrated end-to-end AI-enabled industrial IoT solutions with connected products, automation, software and services, creating digital twins to drive profitable growth for our customers.
Ourmain resource is our 150,000 employees and more than a million partners operating in more than 100 countries to ensure proximity to our customers and stakeholders. We support diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.
Citi Ukraine has provided a grant to the Unbroken Foundation in the amount of USD 900 thousand. The funds were used to purchase a modern Arveo8 GLOW400 microscope.
This high-precision equipment will allow doctors to perform complex operations to remove dangerous shrapnel in the brain and spinal cord, as well as to treat brain tumors. Over the course of a year, the microscope will help to perform 250 neurosurgical operations. Patients will be able to receive the necessary assistance at the UNBROKEN Center at St. Luke’s Hospital of the First Medical Association in Lviv.
Alexander McWhorter, Chairman of the Management Board of Citibank JSC, said: “Supporting healthcare is one of Citi’s key objectives in Ukraine. Investments in healthcare save lives and create the future. We believe that providing a grant for the purchase of a microscope will be a useful contribution to the development of neurosurgery in time of war and will create opportunities for successful treatment of patients at the UNBROKEN Center.”
The Arveo8 GLOW400 microscope will enable the surgeons at the UNBROKEN Center to remove tiny fragments of shrapnel with maximum precision. Thanks to its high technology, even the smallest damaging fragments can be visualized and separated without additional damage to the brain and spinal cord tissue.
Oleksandr Kobzarev, Executive Director of the UNBROKEN Charitable Foundation, emphasized: “We are very grateful for the generous financial support from Citi Ukraine and co-financing from the Meest Foundation. This is a clear manifestation of social responsibility and involvement in solving complex humanitarian issues. Together we prove that cooperation between charitable foundations and business multiplied by the skill of doctors can work real miracles. This equipment will save lives and help restore health to our defenders with the most severe brain injuries. Thank you for being a part of our mission!”
In addition to shrapnel wounds, the microscope will be useful for surgical intervention in the treatment of brain tumors. The surgeons will be able to remove even the most complex tumors, clearly delineating the boundaries of the tumor and healthy tissue.
UNBROKEN doctors say: “This microscope is essential for performing complex surgeries to remove small but extremely dangerous shrapnel in the brain and spinal cord of our defenders.”
Since February 2022, Citi and the Citi Foundation have donated more than $6.5 million to support humanitarian initiatives, including rebuilding schools, providing legal and psychological counseling to women, and helping Ukrainian refugees find safe havens in other countries.
About Citi Ukraine
Citi Ukraine is a member of Citigroup, one of the four largest U.S. banks by assets. We have been in Ukraine for over 25 years. Our offerings cover all aspects of cash and liquidity management, trade services and finance, treasury, corporate finance and lending, securities services and issuer services. We are honored to help unlock the country’s economic potential by serving nearly 500 clients, including the public sector, multinationals, leading Ukrainian companies and foreign investors looking to invest in the Ukrainian market.
About the UNBROKEN Charitable Foundation
The UNBROKEN Charitable Foundation (the “Foundation”) is a charitable organization that specializes in raising funds to help war victims. The Foundation actively cooperates with the National Rehabilitation Center “UNBROKEN”, providing financial support for the provision of comprehensive medical care. In times of war, we are focused on creating opportunities for treatment of Ukrainians in their own country, providing medical facilities with the most modern equipment.
In February 2025, Ukraine increased electricity imports by 33% to 244.2 thousand MWh compared to January and reduced exports by 61% to 33.1 thousand MWh, Ukrainian energy and climate think tank DiXi Group reported citing Energy map.
According to its post on Facebook on Wednesday, the total volume of imports exceeded exports by more than 7 times over the month.
Out of 33.1 thousand MWh of exports, the largest share went to Moldova – 15.5 thousand MWh (47%). Another 10 thousand MWh (30%) went to Hungary, 3.7 thousand MWh (11%) to Romania, 2.9 thousand MWh (9%) to Slovakia, and 1 thousand MWh (3%) to Poland.
DiXi Group experts note that during the last two decades of February, exports were almost non-existent due to a deficit in the power system as a result of massive Russian missile and drone strikes (February 1, 11 and 20), as well as a drop in air temperature.
On the contrary, imports in February, according to their data, increased, reaching 244.2 thousand MWh against 183.1 thousand MWh in January. Of this amount, 85.2 thousand MWh (35%) came from Hungary, 73.3 thousand MWh (30%) – from Slovakia, 46.3 thousand MWh (19%) – from Poland, 37.1 thousand MWh (15%) – from Romania, 2.3 thousand MWh (1%) – from Moldova.
The increase in imports was recorded in all available directions (from 34% to 80%), except for Poland, from which it decreased by 23%.
DiXi Group notes that compared to February 2024, when 84.1 thousand MWh were imported, imports have almost tripled.
ArcelorMittal Kryvyi Rih (Kryvyi Rih Iron and Steel Works, Dnipro region) plans to install electric generators at industrial site No. 1 of the Underground Mining Department of the Mining Department of Kryvyi Rih, according to materials obtained by Interfax-Ukraine.
According to them, it is planned to obtain a permit for emissions of pollutants into the atmosphere by stationary sources of this industrial site.
It is noted that new sources of emissions from the operation of generators that are planned to be used to provide electricity to consumers in the event of a power outage are not subject to environmental impact assessment.
“ArcelorMittal Kryvyi Rih is the largest producer of rolled steel in Ukraine. It specializes in long products, including rebar and wire rod. The company has a full production cycle and its production capacities are designed to produce over 6 million tons of steel, over 5 million tons of rolled products and over 5.5 million tons of pig iron annually.
ArcelorMittal owns the largest mining and metallurgical plant in Ukraine, ArcelorMittal Kryvyi Rih, and a number of small companies, including ArcelorMittal Berislav.
