To finance the reconstruction of Krasta Street and Brasas Bridge, Riga City Council plans to take a EUR 14.23-million loan from Latvia’s State Treasury, according to documents added to the working agenda of Riga City Councils Finance and Administrative Affairs Committee. To finance the restoration of Krasta Street surface, it is planned to take a…
Almost UAH 440 million in budget funds will be used for the construction, reconstruction, repairs and maintenance of roads in Lugansk region in 2019, according to the Luhansk Regional State Administration. “According to the budget program “State budget subvention to the local budgets for the financial support of the construction, reconstruction, repairs and maintenance of…
The leading Ukrainian producers of food and agricultural products plan to expand business cooperation with the UAE. This was stated during the Gulfood Briefing held at the Kyiv Chamber of Commerce and Industry. During the event, the results of participation of Ukrainian companies in the Gulfood-2019, the world’s largest annual food, beverage and equipment exhibition…
Georgian Prime Minister Mamuka Bakhtadze has summed up his visit to Japan, saying it has been very successful. Bakhtadze said that it was important to receive more foreign direct investments from Japan in high technology. “We have all opportunities to increase our exports to Japan 10-fold over the next five years”, he said. He said…
The launch of Air Astana’s low-cost division, FlyArystan was announced in November 2018, Air Astana’s press service reported. The new airline has already appointed 90 new staff and is well on the way to the 150 people needed by the time operations commence in a few months time. The new airline will provide a real…
Looking at the amount of taxes companies pay, 55.6% of businessmen and CEOs said they were too high, 36.5% said taxes were a bit too high, whereas 7.2% said taxes were as high as they needed to be, according to data from Turiba University’s Business Index. Compared to answers provided in 2018, it can be…
Retail trade turnover in the city of Kyiv in 2018 grew by 3.4% YoY, according to the Kyiv City State Administration. “Commodity exports increased by 5.2%, the volume of direct foreign investments into the economy of Kyiv city grew by 3.5%, and capital investments – by 30.6%,” Natalia Melnyk, the director of the Administration’s Economic…