During the first five months of 2019, the turnover of Azerbaijan’s non-oil sector increased by 8% YoY, the Ministry of Taxes reported. The increase in VAT turnover was 9.6%, according to the report. The trade and public catering sector showed the highest growth rates. The wholesale trade turnover grew by 18.4%, including 24.6% in terms…
ERG Company is set to fund construction of the gas-turbine station in the country’s south. “The company is expected to invest $500 million in installing the gas-turbine station to provide the south of Kazakhstan with electricity and heat energy in the winter,” Shymkent mayor Gabidulla Abdrakhimov said. The government has approved the 2023 Shymkent complex…
In January-June revenues of Ukraine’s consolidated budget made up UAH 528.8 billion, up by 14.2% YoY, according to the State Fiscal Service of Ukraine. Thus, UAH 401.3 billion was transferred to the state budget, up by UAH 44.4 billion, or by 12.5%. Local budgets received UAH 127.6 billion, up by UAH 21.4 billion, or by…
Ukraine’s Infrastructure Minister Volodymyr Omelyan says the Cabinet of Ministers of Ukraine will propose that UAH 10 billion, or $389 million, be allocated in the draft national budget for 2020 for repairing local roads. “The government envisages that the next year’s budget should have a Road Fund, which will include 100% of fuel excise revenue,…
AS Tallink Grupp’s subsidiary Tallink Superfast Ltd. and KfW IPEX-Bank GmbH have signed a loan agreement in the amount of EUR 197.6 million to finance the new EUR 247-million LNG powered fast ferry currently under construction in Rauma Marine Constructions Oy, Tallink Grupp says in a press release. The loan is arranged and long term…
Volume of industrial production has grown in Kyrgyzstan ,the Deputy Head of the State Committee for Industry, Energy and Subsoil Use Zhyrgalbek Sagynbaev declared. According to him, the figures increased due to Kumtor and Taldy-Bulak Levoberezhny fields. In addition, in January-May volume of production amounted to 104,029.1 billion soms. According to the ministry, 88 permits…
Ganja Automobile Plant has signed a contract with Russia’s KAMAZ automobile plant for the supply of a major cargo of spare parts for vehicles. The contract was signed for the supply of spare parts worth 400 million rubles (about 10.68 million manats). The KAMAZ carmaker has 11 major automotive factories and auxiliary cycle divisions. KAMAZ…