Beginning in January, Elron will begin offering express rail service from Tallinn to Narva that will shave 25 minutes off the current travel time of about 2 hours and 40 minutes. Andrus Ossip, who met with Southern Estonian municipal leaders, said that the recently announced increase in ticket prices would be due to the addition…
Ukraine’s large and medium-sized plants produced 10.1 KMT of mayonnaise in September, up by 2% MoM (9.9 KMT) and by 4.1% YoY. The reason was the seasonal factor. Overall, this year’s mayonnaise production volumes have been varying around the 2016 level. Thus, the Ukrainian fat-and-oil industry made 88.2 KMT of this product in January-September, or…
As of the end of October, the number of registered unemployed in Estonia stood at 29,626, accounting for 4.6% of the total workforce between the ages of 16 and retirement age. The rate of registered unemployment remained the highest in Ida-Viru County at 9.3% and Valga County at 8.5%. Unemployment was the lowest in Harju…
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…