President of Turkmenistan Gurbanguly Berdimuhamedov inspected the construction of a new international sea port in Turkmenbashi on the Caspian shore. The project is being implemented by Turkey’s Gap Insaat. The project is an important part of Turkmenistan’s complex industrialization, said Berdimuhamedov, adding that its implementation would create more than 2,500 jobs. It was noted that…
In the third quarter Tallink Grupp AS and its subsidiaries carried 2.9 million passengers, up by 2% YoY. The group unaudited third-quarter revenue grew by 3.3%, to EUR 282.7 million (EUR 273.6 million in Q3 2016). Unaudited EBITDA improved by 12.3%, to EUR 75.4 million (EUR 67.1 million) and unaudited net profit increased by 11.7%,…
The National Nuclear Generating Company Energoatom and Holtec (the United States) have started building a centralized spent nuclear fuel storage facility in the Chornobyl zone. “The project to build the centralized spent nuclear fuel storage facility in combination with the diversification of supplies of fresh nuclear fuel is an outpost of Ukraine against the hybrid…
The National Bank of Ukraine (NBU) has allowed Ukrainian businessman Sergiy Tigipko to buy a 99.9% stake in Russian Sberbank’s Ukrainian subsidiary VS Bank, based in Lviv, according to the regulator’s website. “The National Bank of Ukraine has allowed Ukrainian citizen Sergiy Leonidovych Tigipko to buy 99.9% of VS Bank’s charter capital through indirect major…
The first 2+1 lane passing zone on Tallinn-Tartu Highway, built at the 131-135.1 kilometers between Annikvere and Neanurme, has been completed and partially opened to traffic. Two consecutive passing zones, respectively 1.5 and 1.3 kilometers in length, were constructed on the 4.1-kilometer length of the highway between the villages of Annikvere and Neanurme, the Estonian…
There are approximately 4,000 km of roads in Latvia that are practically unused for transport, said Latvian Transport Minister Uldis Augulis on November 9. He says most of those roads are local and municipal roads. With that, maintenance intensity will be reduced for those roads. “It would be nice if we could maintain roads leading…
Armenia has produced more brandy in the first nine months of 2017 than any other alcoholic drink. According to the National Statistical Service, brandy production grew by 56.5% YoY in January-September. The production of wine, meanwhile, has increased by 36%, that of beer and champagne by 10% and 11%, respectively. The production of vodka and…