Georgia: prices up in December 2019

In December 2019 prices in Georgia increased by 0.4%, while the annual inflation rate amounted to 7%, showed the latest inflation data from the National Statistics Office of Georgia (Geostat). Prices for food and non-alcoholic beverages in Georgia increased by 1.4% MoM, contributing 0.44% of the overall monthly inflation. In particular monthly prices increased in…

Kazakhstan: food-processing ventures to open in Shymkent

In order to develop agriculture in Kazakhstan’s Shymkent city, project for creation of agriculture and industrial zone is being implemented in the city, a representative of city’s Department of Agriculture and Veterinary reported. According to the representative, in order to implement the task set by Kazakhstan’s First President Nursultan Nazarbayev and the State Development program…

Ukraine: 40 General Electric locomotives to be bought

On December 30, 2019 the Ministry of Infrastructure of Ukraine, Ukrzaliznytsia (Ukrainian Railways) and Wabtec (GE Transportation) signed a memorandum, which provided for conclusion of contracts for the delivery of 40 General Electric TE33AC locomotives in 2020 and the provision of maintenance service for 70 such locomotives. “We plan to purchase 40 General Electric locomotives…