Wage debts in Ukraine in April increased by 2.1% MoM, to UAH 2.474 billion, or $94.7 million, as of May 1. Delayed wages have grown by 4.4% since the beginning of the year, the State Statistics Service of Ukraine has said. Debts owed to employees of operating enterprises as of May 1, amounted to UAH…
Tbilisi City Hall is launching a project of a gradual replacement of Soviet time residential flats, the so-called “khrushchovkas” in Tbilisi. Khrushchovka flats were built in the Soviet Union, in the early 1960s during the time of the leadership of their namesake Nikita Khrushchev. There are about 700 khrushchovka buildings in Tbilisi whose lifespan expired…
Kazakhstan launched the construction of the Big Almaty Ring Road (BARR). The project envisages construction of a 66-km long bypass road around Almaty with six lanes. Intensity of traffic on the BARR is estimated at more than 38,000 cars per day. Along with the construction of the highway, the project provides for the construction of…
The Belarusian engine manufacturer MMZ is expanding cooperation with Cuba. Prospects of cooperation and development of long-term relations were discussed as a Cuban delegation visited the Minsk-based company, the press service of the holding company Minsk Motor Plant (MMZ) reported. Working with Cuba is not something new for the Belarusian company. The first batch of…
Amobi Capital and Helios Royal Energy will be constructing solar power farms capable of producing 500 MW of solar power in Ukraine over the next three years and an additional 1 GW in 10 years. The construction will begin on the first 35 MW solar park in the Boguslav area this year. The first 4…