Almost half of Ukrainians entrepreneurs (48%) of micro-, small- and medium-sized businesses surveyed by the Union of Ukrainian Entrepreneurs (UUE) consider it necessary to ease restrictive measures after the end of the coronavirus quarantine set in Ukraine until April 24. At the same time, 33% of respondents believe that it will be better to find…
The economy of Georgia will recover from the impact of COVID-19 in 2021 with a 4.5% growth after experiencing a substantial slowdown in 2020 due to the pandemic and lower oil prices, reads the Asian Development outlook, a financial publication of the Asian Development Bank (ADB). The ADB projects gross domestic product (GDP) growth to…
In September-January of 2019-2020 MY, Kazakhstan imported almost 19 thousand tons of soybeans, up 9-fold YoY, declared the Statistics Committee at the Ministry of National Economy (KazStat). The imports increased, even despite the growth of the harvest of soybeans in Kazakhstan in 2019. The situation developed in terms of the growing interest in the oilseed…
Electricity grid distributor Elering has reported 2019 net profits of EUR 32.8 million, up from EUR 18.6 million in 2018, in part aided by lower financial expenses. The company’s main focus last year was the Balticconnector gas pipeline between Estonia and Finland. The company’s profits from ordinary activities, according to the audited report for 2019…
The Cabinet of Ministers at its extraordinary meeting approved a resolution prohibiting buckwheat exports until July 1. “The regulation introduces a temporary regime – until July 1 – the regime of licensing and quotas for the export of buckwheat and hulled buckwheat grain (without bran covering). In particular, a zero quota has been set for…
Ukraine’s imports of natural gas rose to 2.7 billion cubic meters in the first quarter of 2020, up by 76% YoY, according the LLC Operator of the Gas Transmission System of Ukraine (OGTSU). In particular, Ukraine’s imports from Slovakia amounted to 1.9 billion cubic meters (+99%), Hungary – 0.5 billion cubic meters (+58%) and Poland…
LLC Rigas mikroautobusu satiksme (RMS) has decided to shut down shuttle bus services on all routes in Riga until the state of emergency in Latvia is over, as confirmed by RMS. To halt the spread of COVID-19 in Latvia, including through public transport, Latvia has established a number of restrictions and security measures. Since March…