The City Council of Vilnius has adopted the Lithuanian capital’s budget for 2019, with expenditure exceeding revenue by 5 million euros. The city’s revenue is expected to grow by 3.5% this year compared with 2018, to 611.717 million euros. Total revenue, including EU support and funds carried over from last year, is projected at 679.4…
An Azerbaijani winemaking company Aspi Agro LLC, operating in the country’s Gabala district, plans to expand its export geography. The company plans to export its products to neighboring Turkey. “We plan to export “Savalan” wines to the new market. This brand is very popular in Azerbaijan, and is in great demand. Today we export alcoholic…
As of late January, the growth of the gross domestic product (GDP) of Turkmenistan was 6.2%, the Turkmen government said in a statement. In general, the volume of production and the retail trade turnover grew by 4.9% and 19% YoY, respectively. The plan for the production of various types of food products has been fulfilled…
The international foreign exchange reserves of Ukraine amount to more than $21 billion, President of Ukraine Petro Poroshenko said at the All-Ukrainian Public Forum “Open Dialogue” in Kyiv. “In 2014-2015, the level of foreign exchange reserves amounted to $5 billion, and payments amounted to $7 billion. The threat of Ukraine’s bankruptcy seemed inevitable. Today, the…
Last year, Ukraine produced 159.35 billion kWh of electricity, up by 2.5% YoY. As the Energy and Coal Industry Ministry of Ukraine reports, the electricity production in 2018 amounted to 159.35 billion kWh, up by 2.5% YoY. The share of nuclear power plants in overall Ukrainian electricity production was 53%, of thermal power stations and…
The number of passengers carried by Nordic Aviation Group AS, Estonia’s national airline operating under the Nordica brand, increased by 22% YoY, to 760,000 in 2018. Nordica route network manager Mart Sibrik said that 680,000 passengers, representing the lion’s share thereof, flew on the Tallinn route network, while the remaining passengers were served on domestic…
Although most forecasts indicate that Kazakhstan’s pig industry is heading for extinction, the Kazakh Union of Pig Farmers has recently adopted a development program targeting a significant increase in production capacities with export opportunities. In the plan, Russia and China would be the main targets of the exports. By 2025, the Kazakh Union of Pig…