On May 20, JSC Virsi-A (Virsi) signed a contract with JSC Skulte LNG Terminal on the acquisition of 20% of the company’s shares. Plans were announced to jointly develop the liquefied natural gas (LNG) terminal at Skulte seaport, as reported by Virsi. The company notes that Skulte LNG terminal project has a unique geographical, economic…
Poland’s industrial output rose by 13% YoY in April, the Central Statistical Office (GUS) reported. Month on month, industrial output fell by 11.3%. Economists polled by PAP expected April’s manufacturing to grow by 15.5% YoY and to decrease by 11.1% MoM. Seasonally adjusted industrial production went up by 15.6% YoY, but declined by 0.4% MoM…
Georgia has exported locally produced goods worth $1.58 billion in January-April, up by 32.8% YoY, preliminary data from the National Statistics Office of Georgia showed. Geostat said local exports in the country had accounted for 76.1% of total exports in the reporting period, amounting to $1.27 billion, up by 37.1%. Georgia’s top trading partners were…
The industrial producer price index rose by 31.8% YoY in April, state agency Statistics Estonia sais. Leading analyst at Statistics Estonia Eveli Sokman said: “Prices rose by 22.5% in manufacturing as a whole, and the price increase in the manufacture of food products was 18.5%.” Compared with April last year, the index was primarily influenced…
Ukraine received another part of the grant funding in the amount of EUR 504 million. Funds were provided from the World Bank’s Donor Trust Fund under the Second Economic Recovery Development Policy Loan for Ukraine. Under this tranche, the State Budget received grant funds from the United States ($500 million) and the United Kingdom (GBP…
In Ukraine, the balance of payments situation deteriorated somewhat in April, Deputy Governor of the NBU Serhiy Nikolaychuk said. “While in March our balance of forex interventions stood at $1.7 billion, in April the figure increased to $2.2 billion. Yes, we have reduced forex earnings in favor of the government. In March, the amount was…
The European Union will provide over 420,000 euros for backing competitive businesses on both banks of the Dniester, within the European Union’s Confidence Building Programme, implemented by the United Nations Development Programme (UNDP). A ceremony on providing the certificates on grant for two contests held within the programme took place on May 19. According to…