Lithuania: tender to rebuild Renge section announced

Lithuania’s state-run railway company Lietuvos Gelezinkeliai (Lithuanian Railways) has called a tender to rebuild the Mazeikiai-Renge railway section dismantled a decade ago. The section was used by the Mazeikiai-based oil processing company Orlen Lietuva, owned by Poland’s Orlen, to transport its oil products to Latvia. According to information on Lithuania’s central public procurement website, the…

Estonia: Uber prices up in Tallinn

Whilst ride-sharing service Uber has hiked its prices at least in Tallinn, taxi-hailing app Taxify has announced that it is not planning to follow suit and that its pricing policy will remain as it is for the foreseeable future. “Taxify is not planning any changes in pricing in the near future,” Marek Unt, head of…

Belarus: external debt down in January-July 2018

As of August 1 Belarus’ external debt totaled $16.5 billion, down by $179 million or by 1.1% from the beginning of the year (taking into account differences in currency exchange rates), the Finance Ministry reported. In January-July external state borrowings totaled $1,506 billion, including $600 million in eurobonds, $515.1 million borrowed from the Russian government…