Category: NEWS
The Ukrainian government aims to bring at least two million people into the labor market by 2030 as a reform measure.
Deputy Minister of Economy Daria Marchak mentioned that the first phase of the reform will focus on removing at least 300,000 workers from the unregistered (‘gray’) sector and attracting an additional 300,000 workers to the labor force. This initiative is expected to generate an economic benefit of roughly ₴43B ($1B) annually. Overall, the goal is […]
Read moreWhat does the ranking of the most profitable SMEs show?
Almost one-fifth of small and medium-sized enterprises in Serbia that are among the top 150 by net profit achieved in 2024 operated without any employees. These businesses are mostly directly or indirectly linked to the real estate market. This points to the continued inflow of capital into this sector, which has been growing significantly faster […]
Read moreKazakhstan Faces Labor Surplus Amid Shifting Job Demands
Healthcare, education, and transport drive hiring as regional imbalances and shifting salary expectations shape Kazakhstan’s complex labor market in 2025. Report 1.328 million job vacancies and 1.454 million job seeker profiles were recorded nationwide in Kazakhstan during 2025, creating a surplus of approximately 125,800 applicants. Highlight education, healthcare, and service sectors as the top three […]
Read moreNumber of high-paid employees in Georgia rises in 2025
Data from the Revenue Service revealed that the number of employees earning at least GEL 100,000 per month in Georgia increased significantly in 2025, reflecting continued wage polarization in the labor market. A total of 35,615 employees reported monthly earnings of GEL 100,000 or more, up by 6,300 compared to 2024. Collectively, this group received […]
Read moreBusinesses in Georgia will get GEL 270 million from ADB through TBC
GEL 270 million have been raised by TBC from the Asian Development Bank (ADB) to expand access to finance for micro, small and medium-sized enterprises (MSMEs) in Georgia and to strengthen green financing across the country.
They will direct the majority of the funds toward supporting MSMEs and allocate 20% of the total amount to empowering women entrepreneurs. Green investments will get 30%.
Georgia has been receiving ADB’s support since 2007. It is one of the country’s largest multilateral development partners. In total, ADB provided Georgia with loans, grants and technical assistance exceeding USD 5 billion. The private sector got nearly USD 1 billion. The aim of ADB’s five-year cooperation strategy with Georgia is helping the country become a green and inclusive regional hub. Other goals are promoting public and private sector investments, advancing reforms and knowledge sharing, building climate-resilient infrastructure, and deepening regional integration.
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Read moreSouth Korea gives Kazakhstanis the possibility of official employment
As Qazinform News Agency reports, a meeting took place between Almaty region governor Marat Sultangaziyev and a Korean delegation about gaining access to legal employment opportunities in South Korea through the country’s Employment Permit System (EPS).
Kazakh Labor and Social Protection Vice Minister Viktoria Shegay and representatives of local executive bodies were also at the meeting.
According to Governor Sultangaziyev, the point at issue is not just about working abroad, but also about creating a clear and protected migration mechanism.
Kazakhstanis will get the possibility to work legally abroad and receive valuable international experience and new professional skills. Building a transparent and secure labor migration system is another goal for Kazakhstan.
The Korean delegation made a short presentation of EPS. They designed it to operate in sectors with labor shortages and to legally attract foreign workers
The director of the mobile employment center of Almaty region Abylai Zuaida said that the sides signed a memorandum at the first stage of the talks, and they are currently at the second stage. It means that the Korean delegation is visiting colleges and training centers to evaluate workforce preparation and to assess Kazakhstan’s readiness to send workers.
The countries will sign a full memorandum as soon as all the requirements are met and negotiations succeed.
Moreover, specialized training centers will appear across the country to prepare workers for employment in South Korea if Kazakhstan joins the EPS.
However, an inter-ministerial commission will make the final decision once all preparatory stages are complete.
As estimated, 109,000 foreign seasonal workers expect to go to South Korea this year.
Further steps towards Kazakhstan’s inclusion in South Korea’s Employment Permit System (EPS) were discussed last August by Kazakhstan’s First Deputy Minister of Labor and Social Protection of Population Askarbek Yertayev and South Korean ambassador Cho Tae-ick.
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Read moreNew Spanish immigration legislation from 2026: what will change for Ukrainians
Spain has updated its immigration legislation, which affects the employment and residence of foreigners. Find out what changes will affect Ukrainians, work, visas, and family reunification from 2026 In January 2026, updated migration legislation, which had been in the works since 2024, came into force in Spain. According to reports by DW, the document was […]
Read moreEgypt, Serbia move to deepen cooperation in labor and employment sectors
Egyptian Minister of Labor Mohamed Gabran held a bilateral meeting with Milica Đurđević Stamenkovski, Minister of Labor, Employment, Veterans Affairs, and Social Affairs of the Republic of Serbia, to strengthen cooperation between the two countries in the fields of labor, employment, and labor mobility. The meeting took place on the sidelines of the International Labor […]
Read moreKazakhstanis may officially obtain employment in South Korea
Almaty region governor Marat Sultangaziyev met with a Korean delegation to debate gaining access to legal employment opportunities in South Korea through the country’s Employment Permit System (EPS), Qazinform News Agency reports. Kazakh Labor and Social Protection Vice Minister Viktoria Shegay and representatives of local executive bodies also attended the meeting. Governor Sultangaziyev emphasized that […]
Read moreTBC Secures GEL 270 Million from ADB to Support Businesses in Georgia
TBC has raised GEL 270 million in financial resources from the Asian Development Bank (ADB) to expand access to finance for micro, small and medium-sized enterprises (MSMEs) in Georgia and to strengthen green financing across the country. The majority of the funds will be directed toward supporting MSMEs. Of the total amount, 20% will be […]
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