Consolis Group, a holding of US investment company Bain Capital, announced on August 6 the signing of a purchase agreement with Estonia’s TMB Group, a producer of concrete elements in the Baltic countries and Finland. The transaction will be subject to regulatory approvals. The closing of the transaction is expected by early 2019, TMB and…
Belarus has resumed cement exports, Belarus’ Architecture and Construction Minister Anatoly Cherny said. Belarus faced the lack of cement on the domestic market in May-June due to its volume being almost sold out, the minister said. Importers began to increase the price on the domestic market, and the consumer demand for the Belarusian product, which…
Azerbaijan plans to produce 200,000 tons of persimmons by the end of this year, which will slightly exceed last year’s figure, Chairman of the Association of Persimmon Producers and Exporters Gadir Yusifov reported. According to him, persimmon export brought the state treasury a significant income of $100 million in 2017. “This is a fairly good…
Russia uses the illegally constructed Crimean Bridge and its naval forces in the Sea of Azov to discourage shipowners from entering Ukrainian ports of Mariupol and Berdiansk. “This is being done to destabilize the situation in the Azov region of Ukraine, but I am sure that our joint efforts with the partners in the region,…
Secretary of the National Security and Defense Council (NSDC) of Ukraine Oleksandr Turchynov is convinced that the manufacture of light helicopters can solve the problem of transport communication in Ukraine. The official visited two helicopter plants in Kyiv region, namely PJSC Chezara and Vibston Aero, where he got acquainted with brand-new light helicopters and inspected…
Georgia’s monthly inflation rate amounted to -0.3% in July, while annual inflation from July 2017 to July 2018 amounted to 2.8%, reports the National Statistics Office of Georgia (Geostat). Last month prices of food and non-alcoholic beverages decreased by 1.1%. Prices decreased for: fruit and grapes (-12.6%) and vegetables (-10.7%). In the meantime, the prices…
A total of 1,223,901 passengers traveled aboard Tallink Grupp-owned vessels in July, indicating a 1.3% increase YoY, as well as setting a new all-time record for number of passengers transported in one month. In addition to the increase in the number of passengers in July, the number of cargo units transported by the group and…