Ukraine’s honey exports hit an all-time high in the first nine months of 2017 on the back of the increased demand in the United States and Europe, according to an official from the United Nations Food and Agriculture Organization (FAO). According to Anna Burka, the FAO consultant, Ukraine supplied abroad a record of 46,200 tons…
Northeastern Estonia-based shale oil producer Viru Keemia Grupp (VKG) lost in court in an oil shale dispute against state-owned energy group Eesti Energia and the Estonian Competition Authority. Tallinn Administrative Court decided not to satisfy a claim filed by VKG AS and VKG Oil AS regarding the termination of a supervision proceeding. The Estonian Competition…
Annual consumption of alcohol in Estonia declined to 9.9 liters of absolute alcohol per adult resident in 2016, it appears from an annual review presented at a conference of the National Institute for Health Development (NIHD). According to the same data, published in the yearbook titled “Alcohol Market, Consumption and Harms in Estonia 2017,” 11.1…
Latvian national airline, airBaltic, plans to launch Riga-Almaty flights next year. “I can now say that starting next year airBaltic will fly through Almaty. I think it will be a direct flight between Riga and Almaty. This year, we have obtained new Bombardier CS 300 aircrafts. Besides, nearly 60 direct flights connect Latvia with other…
The Central Bank of Azerbaijan (CBA) will hold a deposit auction on November 6 to raise funds, the CBA said on November 2. CBA is ready to receive 100 million Azerbaijani manats from banks, with interest rate on deposits varying from 10.01% to 14.99%. The auction will be held on the Bloomberg trading platform. The…
PJSC Severodonetsk Azot (Luhansk region) has resumed production of ammonium nitrate, the company’s website reports. “We have renewed work on the entire technological chain – from accepting ammonia to obtaining mineral fertilizers. And we’ve renewed the work of power units and two technological departments: production of nitric acid and production of ammonium nitrate. The mineral…