Compared to April, the level of construction costs in Latvia increased by 0.1% in May. Labor remuneration of workers rose by 1.4%, maintenance and operational costs of machinery and equipment – by 0.1%, but prices of building materials – reduced by 0.5%. In May, the average level of construction costs was mostly affected by an…
A total of 175 brand new buses will appear in six Georgian cities in autumn and winter, as Georgia has signed a deal with a Turkish company. Turkey’s leading bus manufacturer Otokar aims to take public transportation in Georgia “to a new level” with its 117 AGILO C 8.5-meter buses and 58 KENT C 10-meter…
Thanks to Europe reopening partially after the restrictions on travel brought about by the coronavirus crisis, Finland and Estonia are now closer than ever: a record number of vessels is shuttling between the two countries, and people can now travel to such destinations, as Tallinn, Muuga and everyone’s favorite Saaremaa, as new departures Turku and…
To alleviate the first needs in the areas of southwest of Ukraine struck by the largest flooding in the last 50 years, with several casualties and damage to hundreds of homes, the Ukrainian authorities activated the EU Civil Protection Mechanism. The European Commission is providing mapping services of the affected areas through the EU Copernicus…
The European Business Association (EBA) says 68% of companies in Ukraine have already fully or partially resumed work in their offices. “Some 68% of surveyed business representatives have already fully or partially returned to the office,” the EBA said on its website. Regarding the staff policy, 60% of the surveyed entrepreneurs plan to keep the…
Armenia’s economic activity index in January-May declined by 3.9% YoY, according to the data released by the National Statistical Committee. Industrial production volume grew by 2.4%. The volume of construction in January-May declined by 23.4%. The decline in trade turnover comprised 10.8% and that in the services field – 4.2%. In January-May, consumer price index…
Following adoption of restrictions during COVID-19 pandemic, passenger transports by train have declined by 40-50% when compared to the same period of 2019, Pasazieru vilciens board chairman Rodzers Janis Grigulis has declared. Trains were half-empty in April, the situation was better in May and the number of passengers carried in June improved considerably. Grigulis says…