Kazakhstan: vice PM inspects construction of republican subordinance road

Deputy Prime Minister Roman Sklyar, as part of a working trip to Atyrau region, got acquainted with the implementation of infrastructure projects of under Nurly Zhol program. Roman Sklyar and Akim of Atyrau region Makhambet Dosmukhambetov have visited the border area “Kurmangazy”. Deputy Prime Minister inspected the operation of the Kurmangazy checkpoint and the construction…

Ukraine: Azerbaijani construction company to build interchanges

Azerbaijan’s EVRASCON (Euro-Asian Construction Corporation) company has won the construction tender in Kyiv’s road transportation sector. As a result of the tender, EVRASCON will oversee the construction of traffic interchanges on the M-05 Kyiv-Odessa and M-06 Kyiv-Chop roads. The interchanges will be built on three sites. The construction of interchanges will ensure the unloading of…

Armenia: economic activity down in March 2020

Economic activity in Armenia shrank by 4.9% YoY in March, data from the National Statistical Service revealed. Economic activity in the country has contracted as a result of a lockdown imposed in mid-March in a bid to curb the Covid-19 outbreak. In the reporting period, construction and trade declined by 26.2% and by 9.9%, respectively,…

Ukraine: budget deficit up in Q1 2020

Ukraine’s national budget in January-March grew by 25% YoY, from UAH 26.2 billion ($966.8 million) to UAH 32.732 billion ($1.21 billion). The country’s consolidated budget consisting of the national and regional budgets saw a UAH 17.324 billion ($639.3 million) deficit in the first three months of 2020, which was 93% higher than the deficit for…

Ukraine: Nova Poshta International renamed

Nova Poshta International (NPI), a member of the Nova Poshta group of companies, has changed its name to Nova Poshta Global (NPG), according to the company. “Such changes have occurred so that the name conveys a deeper meaning of the entire activity and strategy of Nova Poshta Global, the worldview of its employees. We help…