First Deputy Prime Minister of Ukraine and Minister of Economic Development and Trade Stepan Kubiv said the growth of the country’s gross domestic product (GDP) in 2018 was estimated at more than 3%. “The beginning of 2019 is positive: estimates suggest GDP growth in 2018 exceeded 3%, inflation was less than 10%, and the average…
The government has approved the direct contract in accordance with the framework agreement signed between the government, ArmPower CJSC and RENCO S.p.A. (Italy). The contract will allow the constructer to launch the process of building and operating a new 250 MW gas-fueled combined cycle electricity station in Yerevan. The construction of the station is expected…
Power company Eesti Energia is to close part of its operations at the Narva power plants in eastern Estonia, leading to around 150 job losses. Some older electricity generation blocks have to be decommissioned in line with requirements of the EU Industrial Emissions Directive. The move also means the proportion of electricity generated from oil…
A Turkish architect’s project won a competition in Kazakhstan, and would be carried out for a history and culture center in the city of Turkestan. Turkestan Architect Awards – which has five main categories and 15 sub-branches – was launched for the establishment of 15 public buildings in Turkestan. Mehmet Hilmi Sahin joined the competition…
The number of registered unemployed people in Ukraine in the last month of 2018 increased by 40,700 MoM and amounted to 341,700, the State Statistics Service has reported, with reference to the State Employment Service. The registered unemployment rate thus increased to 1.3% from 1.2% in November 2018. According to the service, the greatest increase…