Ukraine’s state-run defense concern UkrOboronProm says a new 152 mm high precision-guided artillery projectile Kvitnyk is ready to undergo scheduled testing. All components of the new ammunition are 100% Ukraine-made, the arms manufacturer boasts. “The state-owned Progres Research and Production Complex, which is a part of UkrOboronProm, has completed the works on total import substitution…
Inflation in Estonia was registered at 3.2% in November, placing it among the three EU member states with the highest inflation last month. The annual inflation rate of the euro area was down by 0.3%, to 1.9% in November, while inflation among EU member states was down by 0.2%, to 2%. The annual rate of…
It is planned to introduce a bus rapid transit system (metrobus) in Bishkek, Information Policy Adviser to the Mayor of Bishkek, Gulya Almambetova, announced. According to her, the main difference of metrobuses is that they move along a dedicated lane. “The lane forms a complete line without breaks, and the entrance and exit take place…
Azerbaijan’s GDP volume reached almost 72.4 billion manats in January-November, up by 1% YoY, the State Statistics Committee reported. The volume of GDP per capita stood at 7,378.5 manats. In January-November, the volume of GDP produced in the Azerbaijani non-oil sector increased by 1.3%, while in the oil and gas sector there was an increase…
Ukrainian state-owned railway operator Ukrzaliznytsia (Ukrainian Railways) plans to borrow UAH 40 billion ($1.31 billion at a reference rate of UAH 30.5 per U.S. dollar – this forex rate is applicable throughout the text) and repay UAH 39.2 billion ($1.29 billion) in 2019. As of the beginning of 2019, the company’s balance on financial obligations…