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Latvia: Augstsprieguma tikls to reduce transmission tariffs and raise transmission capacity maintenance fee

LatviaBy admin 2020-08-11 Leave a comment

Latvian electricity transmission network maintenance company AS Augstsprieguma tikls (AT) plans to reduce transmission tariffs and increase the transmission capacity maintenance fee, according to the tariff project published in Latvian Herald. The tariff project has been submitted to the Public Utilities Commission (SPRK) for approval. Representatives of AT say transmission tariff changes directly affect only…

Estonia: exports recover in June 2020 after pandemic lull

EstoniaBy admin 2020-08-11 Leave a comment

Exports of goods recovered from the spring coronavirus pandemic and remained at approximately the same level in June as in June 2019, according to the state agency Statistics Estonia, though imports fell by 8%. Wood and metal industries were the main driver for the recovery, the agency said. When taken as a whole for the…

Kazakhstan: agricultural machinery production doubles since Jan 2020

KazakhstanBy admin 2020-08-11 Leave a comment

In the first half-year, total tractor and combine harvester production doubled compared to the same period last year. When many factories are struggling to operate at a high capacity due to coronavirus, factories producing tractors and combine harvesters are bucking the trend. In January-June, factories operating within the Association of Kazakhstan Automobile Business produced a…

Ukraine: share of cashless payments up in H1 2020

UkraineBy admin 2020-08-11 Leave a comment

The share of cashless payments in Ukraine in January-June increased by 5.7% YoY, to 55.1%, and the total number of cashless transactions rose by 4.1%, to 86.1% (3.36 billion), according to the website of the National Bank Ukraine (NBU). According to the NBU, the total number of transactions (non-cash and cash withdrawals) using payment cards…

Ukraine: SkyUp Airlines to launch Kyiv-Istanbul flights

UkraineBy admin 2020-08-10 Leave a comment

Ukraine’s airline SkyUp Airlines will launch flights from Kyiv to Istanbul (Turkey) from September 25. “We will start on September 25. Departures on Monday, Wednesday and Friday. We arrive at the brand new Istanbul International Airport. It takes 30 minutes by car from the airport to the city center,” the airline wrote on its Facebook…

Kazakhstan: 13 investment projects underway in Turkestan region

KazakhstanBy admin 2020-08-10 Leave a comment

In the space of 6 months, 22 meetings with investors, of these 17 foreign ones, have taken place in Turkestan region. Investment in 55 projects worth KZT 234 billion, including 13 projects to the tune of 94.65 billion tenge, will allow for creation of 2,162 jobs. One of such projects includes the creation of an…

Estonia: price deflation minor in July 2020

EstoniaBy admin 2020-08-10 Leave a comment

The Consumer Price Index (CPI) in Estonia saw a slight negative change YoY in July, state agency Statistics Estonia reported, driven by decreasing electricity and fuel prices, as well as falling rent prices. CPI fell by 0.9% YoY, but remained unchanged on the previous month. Cheaper electricity and fuel was in particular a factor over…

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