Belarus’ chemical company OAO Grodno Azot plans to finalize the project worth $170 million to build a nitric acid plant. The new facility will produce 1,200 tons of acid a day. Grodno Azot started building the new plant in October 2015. Germany’s ThyssenKrupp Uhde GmbH (Dortmund) won a tender to produce design specifications and estimates…
The government will offset the losses on the export loans issued by the Belarusian banks in 2017-2018, reads Resolution No. 981 of the Council of Ministers of Belarus of November 30. The document was published on the national legal portal on December 2. The Council of Ministers made a decision to offset export loan losses…
Ukraine exported 137.1 KMT of rapeseed in October against 322.7 KMT in September and 167 KMT in October 2015. In total 693.6 KMT of rapeseed was supplied to foreign markets in July-October 2016/2017, i. e. down by 502.1 KMT (42%) YoY (1195.7 KMT). Roughly 80% of 2016/2017 export rapeseed availabilities (880 KMT) were shipped abroad…
Belavia Belarusian Airlines will retire its Tupolev Tu-154 aircraft on December 28. The Minsk-based carrier’s fleet includes three of the type – one Tu-154 is already out of service and two operate charter flights between cities in Belarus and Western Siberia in Russia for oil and gas industry. The carrier’s fleet also comprises two Embraer…
Mainly usual air temperatures were reported in the country on November 21-27. Their weekly average equaled +1.1..+2.9 degrees C, being close to normal in most of Moldova. Maximum air temperature hit +8 C, while its minimum value was at –5 C. Precipitation was chiefly in the northern half of the country, mostly as rain and…
During the first two years of its e-residency project, which provides foreigners with the opportunity to register companies in Estonia and use other e-state services, Estonia already has 15,000 e-residents who have established more than 1,000 businesses. The President of Estonia stressed the importance of the program in introducing Estonia to the world. According to…
The Ministry of Economic Development and Trade of Ukraine has increased its forecast of growth of agricultural production in Ukraine in 2016 to 2.2%, as opposed to 0.7% in the previous forecast. According to the announcement, in 2016 the country witnessed rather high volumes of agricultural crops production, especially spring crops, compared with the expected…