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Yearly Archives: 2022

Georgia: PM announces start of medication imports from Turkey to reduce local costs

GeorgiaBy admin2022-01-18Leave a comment

Georgia will import high-quality medicines from Turkey to effect a “significant” reduction of the cost of drugs on the Georgian market, Prime Minister Irakli Garibashvili said in a government session on January 17. The PM made the announcement as an update on a recent initiative of his team to ensure a reduction of the general…

Uzbekistan: frequency of trains on Tashkent-Bukhara route up

UzbekistanBy admin2022-01-18Leave a comment

High-speed train started running three times daily on the route between Tashkent and Bukhara cities of Uzbekistan from January 17, the press service of state Uzbekistan Railways company reported. The train departs for Bukhara from the Tashkent railway station at 8:30 AM (GTM+5) every day. The return train to Bukhara is at 15:27. Previously, the…

Latvia: cooperation with China in railway freight to be established

LatviaBy admin2022-01-18Leave a comment

A situation when Latvia may commence cooperation with China in the field of carrying railway freight seems very close, says state joint-stock company Latvian Railway (LDz) Chairman of the Board Maris Kleinbergs. He said in the last decade there was a lot of talk about the opportunity of carrying Chinese freight through Latvia and there…

Estonia: 2022 rental inflation likely in the 10-15% range in Tallinn and Tartu

EstoniaBy admin2022-01-18Leave a comment

Due to the continued high rate of inflation, rental prices, which have been rising since last spring, are set to continue this upward trend through 2022, particularly in Estonia’s two primary cities, Tallinn and Tartu, some experts say. Rentals in smaller towns will see a more modest rate of rise this year, though could even…

Ukraine: Vinnytsia sugar refineries produce 363.5 thousand tons of sugar

UkraineBy admin2022-01-18Leave a comment

In 2021, 363.5 thousand tons of sugar were produced in Vinnytsia region, compared to 264 thousand tons in the previous season. Last year, 2.4 million tons of sugar beets were harvested in the region, the average yield of which amounted to 494 hundredweights/ha, up by 80.5 hundredweights/ha. Raw materials were processed at five sugar factories:…

Ukraine: banks issue almost UAH 8 billion worth of mortgage loans

UkraineBy admin2022-01-17Leave a comment

Ukrainian banks issued 9,700 mortgage loans worth UAH 7.9 billion in January-November 2021, according to another survey of banks on the volume of mortgage loans granted to the population. “In total, in the first 11 months of 2021, banks issued 9,700 mortgage loans totaling UAH 7.9 billion. Compared to the same period of the previous…

Lithuania: Lithuanian Railways to order new electric trains

LithuaniaBy admin2022-01-17Leave a comment

LTG Link, the passenger transportation arm of Lietuvos Gelezinkeliai (Lithuanian Railways, LTG), is planning to sign in the third quarter of 2022 a contract worth over 200 million euros to purchase new electric trains. The state-owned railway group said train manufacturers had submitted their first offers in the public procurement procedure, but it did not…

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