Two programs aimed at helping farmers in construction of elevators will work in 2019. One program provides for a 30% compensation to agricultural producers from the amount spent on the construction. Around UAH 859 million are provided for these purposes. The second program provides for a 25% compensation of domestically produced elevator equipment cost. (UkrAgroConsult/Business…
Vice Minister of Energy Magzum Mirzagaliyev informed about preliminary results of the country’s gasification and plans for the future. “As for gasification, in 2014 we adopted the country’s general gasification scheme that reflected priority areas and domestic demand in gas. The general gasification scheme is financed from the national budget, national operators’ revenues and other…
In February the production output of industrial enterprises increased by 4% YoY. While production increased in the manufacturing and mining sectors, it decreased in the energy sector, Statistics Estonia reported. The total manufacturing production in February was 7% higher than in the corresponding month of 2018. Over a half of the branches of industry exceeded…
At least 25 private companies sell electricity in Kyrgyzstan, the State Agency for Regulation of Fuel and Energy Complex and Subsoil Use reported. An average set tariff is 181.6 tyiyns per kilowatt-hour. On average, private companies buy electricity from Electric Stations OJSC at 101.43 tyiyns per kilowatt-hour. The tariff for non-domestic consumers is 223.54 tyiyns,…
The Deposit Guarantee Fund of Ukraine has extended the terms of liquidation of two banks – PJSC Profin Bank and JSB Ukoopspilka, the Fund’s press service reports. “The Executive Directorate of the Deposit Guarantee Fund approved a decision dated March 25, No. 660, to extend the term of liquidation of JSB Ukoopspilka for one year,…
Kyiv-based Bogdan Corporation, one of Ukraine’s major motor vehicles manufacturers, has manufactured the first 18-meter bus body for electric buses of Bluebus, a French manufacturer of environment-friendly public transport vehicles, as part of a new contract signed earlier this year. “Partnership with European companies is an important vector of the corporation’s development, which seeks to…
Nine commercial banks of Uzbekistan have been suspended from participation in currency trading “due to systematic violations related to transactions on the currency exchange”, the Central Bank of Uzbekistan reported. Hamkorbank, Turkiston Bank, HayTek Bank, Universal Bank, Invest Finance Bank, Ipak Yuli Bank, Savdogarbank, Trust Bank and Asia Alliance Bank were among those removed. “Measures…