In 2017 the managing company of the holding company Belarusian Cement Company exported 1,412,000 tons of cement worth $68.2 million, up by 42.6% YoY, representatives of the holding company reported. The positive dynamics was secured by the commissioning of new enterprises with state-of-the-art technologies and constant cost-reduction efforts. “Over the last two years we’ve managed…
Seven cargo bridges are planned to be built on the territory of the Baku International Sea Trade Port (the Port of Baku) in January-March, Azerbaijani Economy Minister Shahin Mustafayev said. “Warehouses, additional buildings and other infrastructure facilities are also planned to be built till March,” he said. “Moreover, the operational building of the Port of…
Inflation in Kazakhstan in 2018 is projected in the corridor of 5-7%, said the chairman of the National Bank of Kazakhstan Daniyar Akishev during a press conference on January 25. He added that in 2017 annual inflation amounted to 7.1%, which corresponded to the initial target corridor (6-8% for 2017). “Slowing of the inflation took…
Ukrainian farmers since the beginning of the 2017-2018 marketing year (MY, July 2017 – June 2018) as of January 24 exported 23 million tons of grains, the press service of the Ministry of Agrarian Policy and Food reported. In particular, Ukraine has exported 11.9 million tons of wheat, 3.9 million tons of barley, 13,200 tons…
Antonov Airlines has opened its office in Houston, Texas, the United States, the company has reported in its official blog. “Antonov Airlines, which has recently established a USA base in Houston, Texas, as part of ongoing global expansion, has transported an outsized communications satellite for Orbital ATK,” reads the report. It notes that one of…
Estonia hasn’t fallen behind in its preparations for the Rail Baltica project’s next phase, CEO of Rail Baltic Estonia, Riia Sillave, declared. This year the marking-out of the railway’s route as well as first negotiations with land owners are on the agenda. Rail Baltica’s next phase started on January 23 with the chief executives of…
Commercial banks of Uzbekistan in 2017 provided investment loans worth 16.1 trillion soums, up 1.3-fold YoY, the Central Bank of Uzbekistan said in a message. The Central Bank notes that when issuing investment loans, banks focused on ensuring timely and full financing of projects included in the State Investment Program for 2017, as well as…