First Deputy Minister of Economic Development, Trade and Agriculture Pavlo Kukhta says the ministry plans to raise about $5 billion for the national budget from the sale of state-owned enterprises. “Now we are selecting the last group of enterprises subject to privatization via the State Property Fund, that is more than 300 companies. Following that,…
The coronavirus Covid-19 may force corrections to Latvia’s economic growth outlook, according to European Commission’s (EC) representatives in Latvia. EC’s report on Latvia published on February 26 mentions that the country’s GDP growth may be 2.3% in 2020 and 2.4% in 2021. Compared to the outlook for Latvia’s GDP growth in 2020 reported by EC…
Bishkek Passenger Motor Transport Enterprise of the City Hall of the capital has announced a tender for the purchase of 100 buses, the state procurement portal says. The enterprise plans to spend 650 million soms on these purposes. The cost should include spare parts, equipment for repair and maintenance at the rate of at least…
A wind-powered plant is being built in Sarysu district of Zhambyl region. The first industrial wind-powered generation plan was launched in Zhambyl region’s mountain pass Muzbel. In Kordai, Talas and Sarysu areas of the region annual average wind speed reaches 6 meters per second and more. Today wind farms are being constructed in Kordai and…
Companies that are part of the Ukroboronprom Group from 2015 to 2019 through foreign intermediaries purchased Russian military products, whose cost was overestimated by two to three times. That’s according to a pre-trial investigation conducted by the Main Investigative Department of the Security Service of Ukraine. The court says special exporters in the interests of…
Expert in the honey market Valeriy Sureiko said Ukraine in 2019 boosted honey exports by 12.7%, to 55,600 tons, with a total production of about 110,000 tons. “Honey exports reached 55,600 tons worth more than $100 million by the end of 2019, up by 12.7% YoY,” he said at a press conference. At the same…
Over the course of two years, Latvia’s list of state-compensated medicines has been expanded with only two modern generation medicines for cancer treatment, which is less when compared to Lithuania and Estonia, as reported by Association of International Innovative Pharmaceuticals Producers (SIFFA) director Valters Bolevics. In Latvia the two latest additions to the list of…