In 2017 the Belarusian automobile engineering company BelAZ exported about 96% of its output, according to the BelAZ website. In 2017 Belarus’ export rose by 84.8% from 2016. Russia remained the main market, with the sales growth rate at 173.2%. The top three buyers in physical terms also included Uzbekistan and Kazakhstan. The growth rate…
According to preliminary data of the Central Treasury, the republican budget received 140.4.2 billion soms in 2017, the Ministry of Finance of Kyrgyzstan reported. The main part of the revenues is tax revenues – 91,462.8 billion soms. This is 9,977.1 billion soms more than in 2016. At the same time, the taxes and fees replenished…
The launching of Baku-Sofia direct flight will contribute to the development of tourism and business relations between Azerbaijan and Bulgaria, Bulgarian Prime Minister Boyko Borissov said. Borisov made the remarks at an expanded meeting with Azerbaijani President Ilham Aliyev in Baku on January 15. “An encouraging fact is that up till now we have resolved…
Gas reserves in Ukraine at a current rate of production, which is about 20.5 billion cubic meters per year, will be enough for 22 years, according to the Chairman of the NJSC Nadra Ukrayny Board Yaroslav Klymovych. “There are 402 hydrocarbon deposits in Ukraine, including 269 deposits being in commercial development. Ukraine’s state balance of…
Lviv plans a UAH440 million bond issue (to be issued in two tranches in 2018), Fitch Ratings said in a press release on January 15. “For 2018 Lviv’s direct debt may increase to UAH 440 million, or a still 4.7% below current revenue (from less than 0.1% in 2014-2017), if the city is successful in…
The number of green energy contracts concluded by customers with the state-owned Estonian energy group Eesti Energia tripled during 2017, hitting 10,045 by year-end. Households with a green energy contract consume energy generated 100% from renewable sources, Eesti Energia says. “By buying green energy, our clients are influencing the development of electricity production, with a…
The National Company KazMunayGas JSC and China National Petroleum Corporation held bilateral negotiations in the furtherance of the agreement signed earlier by the heads of the two states, the press service of the national company reported. During the meeting, the sides agreed on the future increase in the Kazakh gas exports to China, up to…