High-level officials from Estonia, Latvia and Lithuania on August 11, met in Riga to discuss the Intergovernmental Agreement between the states on Rail Baltica railway project implementation. According to Lithuania’s Ministry of Transport and Communications, it was the second round of consultations, after the first on held at the beginning of June. Representatives covered a…
Germany’s antimonopoly authority Bundeskartellamt has approved of establishment of a joint venture between Russian oil major Rosneft and British BP called Yermak Neftegaz. Rosneft and BP signed legally binding documents to establish Yermak Neftegaz for geological exploration of fields in West Siberia and the Yenisei-Khatanga Basin in June. Under the agreement, Rosneft will own a…
Anthony Tether, former head of the Defense Advanced Research Projects Agency (2001-2009), has become a consultant to Ukraine’s state-owned defense conglomerate Ukroboronprom. A memorandum on cooperation between Ukroboronprom and the director of the American company Tony Tether & Associates was signed in the presence in Kyiv. Tether, the first foreign consultant of Ukroboronprom, will give…
Eurowings will terminate its Russian services at the end of the current summer season. A source said that its daily Berlin Tegel-Moscow Domodedovo route, launched in October 2015, had not lived up to expectations in terms of demand and revenue. The budget brand of the Lufthansa Group, Eurowings offers regular flights across Europe, as well…
Head of Luhansk civil and military administration Yuriy Harbuz said Chinese investors were interested in launching photovoltaic (PV) panel production in the region. “Recently I had met with investors from China under the industry development program. We are looking for an option to organize PV panel production here”, he said. He said that the region…
Public joint-stock company Azovobschemash (Mariupol, Donetsk region), the flagship company of the leader of Ukrainian heavy engineering Azovmash Group, will ship 3,000 wagons to Iran, the Ukrainian Embassy in Iran has reported. The cost of the agreement signed with the help of the embassy exceeded 100 million euro. “This is only the first agreement to…
As part of the Technical Upgrading and Revamping Program, Transneft – Kozmino Port got down to two 100,000 square meter tank construction at the tank farm. A floating roof will be used in high tech structures of the new tanks, just as in other tanks with a similar volume, being operated in the tank farm…