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Author Archives: admin

Kyrgyzstan: Bishkek City Administration to buy nine more Chinese buses without tender

KyrgyzstanBy admin2019-01-02Leave a comment

Bishkek Passenger Transport Municipal Enterprise posted an advertisement on the purchase of nine buses on the state procurement portal. They will be bought from Zhengzhou Yutong Bus Co. Ltd., which has won the tender for the supply of 60 buses. The purchase will be carried out by direct contract method, since its cost does not…

Azerbaijan: express trains to be launched in two more directions

AzerbaijanBy admin2019-01-02Leave a comment

Next express trains in Azerbaijan may run in the directions of Gabala and Yalama, Chairman of Azerbaijan Railways CJSC Javid Gurbanov said. “If construction work goes according to schedule, then the railway services to Gabala will have been launched by the end of 2019. Technical capabilities allow this to be realized. The next destination will…

Ukraine: Kherson and EBRD sign agreement on purchasing new trolleybuses

UkraineBy admin2019-01-02Leave a comment

Kherson City Council and the European Bank for Reconstruction and Development (EBRD) have signed an agreement on the preparation of loan financing for the purchase of new trolleybuses. “On December 27, 2018 Kherson Mayor Volodymyr Mykolayenko and First Deputy Mayor Ihor Kozakov held a meeting with Deputy Head of the European Bank of Reconstruction and…

Ukraine: sales of top three largest candy makers remain at 2017 level

UkraineBy admin2018-12-29Leave a comment

Roshen Confectionary Corporation has lost one position in the rating of Global Top 100 Candy Companies 2018 and was the 25th, retaining sales at the level of 2017 with $800 million. According to the rating posted on the website of the Candy Industry publication, Roshen Corporation has eight factories and over 10,000 employees. Konti Group…

Uzbekistan: investments in economy to reach $17 billion in 2019

UzbekistanBy admin2018-12-29Leave a comment

Investments in the economy of Uzbekistan should grow by 16%, to $17 billion in 2019, said President Shavkat Mirziyoyev during the annual address to the Houses of Parliament on December 28 It is planned to absorb 138 trillion soums of investments ($16.6 billion). At the same time, the authorities plan to increase the size of…

Latvia: revenue from excise tax exceeds EUR 1 billion

LatviaBy admin2018-12-29Leave a comment

According to information from the State Revenue Service, revenue from excise tax exceeds EUR 1 billion. The rise of excise tax revenue is not just tied to increased excise tax rates but also the expansion of the legal market of excise goods, which, in turn, points to optimal excise tax policy in the country. 52%…

Azerbaijan: CBA inflation forecast for 2019 revealed

AzerbaijanBy admin2018-12-29Leave a comment

The Central Bank of Azerbaijan (CBA) expects to keep inflation rate at 4% (+/-2%) in 2019, according to a CBA statement on monetary policy for 2019 and medium term. Inflation rate was falling rapidly in 2018 than expected and stabilized at a single digit. Inflation rate was 2.3% in January-November. The average annual inflation rate…

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