Local and Russian enterprises and businessmen demonstrate continuous interest in cooperation due to similar business structures, preferential tax and customs regimes and availability of different transport routes which ease logistics issues. Business people from Tyumen, Russia, who will be in Baku on August 11-16, plan to establish ties with potential partners from Azerbaijan. The visit,…
Armenia’s economic activity index grew by 6.5% YoY in January-June, according to official data published by the National Statistical Committee. In particular, the service sector grew by 15.3%, trade turnover by 8.9% and the industrial output by 6.9%. In January-June construction volumes increased by 4.7%. Consumer price index grew by 2% and the agricultural output…
According to the information released by Statistics Estonia on August 7, the consumer price index (CPI) in July fell by 0.1% MoM, but increased by 2.1% YoY. Goods were 2% and services 2.2% more expensive in July. Regulated prices of goods and services fell by 1.1%, while non-regulated prices increased by 3%. Compared to July…
The team of Ukrainian President Volodymyr Zelensky, together with the Government and the National Commission for State Regulation of Energy and Public Utilities, is developing a draft resolution to reduce electricity prices for water utilities by 10%, Presidential representative in the Cabinet of Ministers of Ukraine Andriy Herus said. “The introduction of the electricity market…
Some 86.2% of Ukrainian agricultural enterprises were profitable in 2018, including all 22 large agricultural enterprises, Director of the Institute of Agrarian Economics Yuriy Lupenko has said. “Last year 86.2% of agricultural enterprises posted profits. At the same time, all 22 large agricultural enterprises were profitable, and they secured 11.9% of the industry’s profit,” the…
Azerenergy, the largest electrical power producer of the country, plans to complete the reconstruction of the Azerbaijan thermal power plant in Mingachevir in the first half of 2020, the company said in a message. “Work on the reconstruction of the power plant is being carried out at a fast pace. To date, repair work at…
Riga municipality’s public transport company Rigas satiksme (RS) has announced a personnel selection process to pick the fifth company council member, according to information published in Latvian Herald. The offered wage is EUR 1,650 before taxes. The council member is required to have higher education in law, at least Master’s degree or 2nd level vocational…