The plant for the production of asphalt and bitumen DesFumeks LLP will be launched in the South Kazakhstan region by the end of the year. The cost of the project in the industrial zone “Ontustik” is 120 million tenge. The plant is expected to produce annually 10 tons of bitumen, 8,000 tons of coarse-grained and…
In the current week the Ukrainian export market of soybean oil demonstrated some increasing of selling prices, due to rather high demand for the product. As of September 13 selling prices for hydrated soybean oil usually varied within the range of $770-775/ton FCA, crude soybean oil – $730-750/ton FCA, up nearly by $10-20/ton compared with…
Industrial production in Estonia in July fell by 3.1% compared to June, but rose by 4.7% compared to July of last year, according to data published by Eurostat. Industrial production in the Eurozone rose by 0.1% MoM in July, but fell by 0.3% in the EU. Meanwhile, July production increased by 3.2% YoY in the…
The construction of an important part of the trans-Caspian trade road Baku – Tbilisi – Kars railway is nearing completion. Countries of the region and beyond are highly interested in prospects for the launch of a trade cooperation that will be stimulated by this project. One of these countries is Uzbekistan, which is expected to…
The Estonian government has decided to make exceptions in the tax system for the shipping sector and seafarers as well as establish digital information systems, including an e-register for ships accessible to e-residents as well. At the end of August, the government reached an agreement that an exception could be made in Estonia’s previously uniform…
Minister Janis Duklavs met with NGOs at Agriculture Ministry’s Fishing Advisory Council meeting and discussed with them European Commission’s proposal for fishing opportunities in the Baltic Sea in 2018. EC’s proposal for fishing opportunities would affect Latvia the most negatively in relation to eastern cod (project suggests a 28% reduction) and herring (7%). There is…