According to information released by Statistics Estonia, in November 2018, the exports of goods increased by 18% and imports by 15% YoY. The trade deficit was EUR 56 million, dropping under EUR 60 million for the first time since January 2015. In November 2018, the top destination countries of Estonia’s exports were Finland (15% of…
Freight volume handled in the Port of Liepaja in 2018 climbed by 24.4% YoY, to 7,537,600 tons, the Port Authority says. In the reporting period, transshipment of grain grew by 20.9%, to 3,034,400 tons, anthracite – by 22.6%, to 1.47 million tons, and construction materials – by 21.9%, to 762,400 tons, while transshipment of oil…
Ukraine’s international reserves in 2018 grew by 10.6% YoY, to $20.820 billion, updating a five-year record, according to the National Bank. The last time such figures were reported was in October 2013. The regulator said the reserves were successfully accumulated due to Ukraine securing external financing and the NBU buying up the excessive currency on…
Enterprises of the State Concern Ukroboronprom announced more than 43,000 commercial electronic tenders in 2018, the press service of the concern reports. “In 2018, more than 43,000 commercial electronic tenders were created by the enterprises subordinated to the State Concern Ukroboronprom. In general, since the launch of electronic trading platforms, the number of announced tenders…
The Law on Prevention of Harmful Effects of Alcohol, signed by Turkmen President Gurbanguly Berdimuhamedov, came into force in Turkmenistan. The law defines a legal, organizational and economic framework for the government policy in this area. Trade entities are prohibited from selling alcohol on non-working holidays (except for the provision of catering services) and memorable…
The Vilnius-Kaunas motorway will be turned into a highway over the next two years and will see the maximum speed increased from 110 to 130 km/h during summertime. The project is valued at around 65.6 million euros. Road safety measures as well as speed control and warning systems will be installed along the whole road…
Uzbekkhimmash, a subsidiary of Uzbekneftegaz, will direct more than $23 million to a foundry modernization project with construction of a new foundry. The government of Uzbekistan has recently approved main parameters of a feasibility study on this investment project. The new foundry’s annual capacity will be 4,000 tons of casting, of which about 500 tons…