At a Government meeting the Minister of Industry and Infrastructure Development Beibut Atamkulov spoke about expanding production in engineering. According to him, domestic manufacturers plan to expand production, export as well as master the production of spare parts and components. In May last year, Agromashhoding KZ JSC together with the largest Chinese corporation launched the…
Odesa Seaport handled 10.45 million tons of cargo in January-May, up by 3.2% YoY. According to the data of the Ukrainian Sea Ports Authority, the port increased the transshipment of exported cargo by 0.3%, to 7.693 million tons, and imported cargo by 22.9%, to 2.241 million tons. Coastal cargo handling decreased by 33.1%, to 41,730…
Social Policy Minster Maryna Lazebna states that the average pension in Ukraine has increased to UAH 3,400. “According to the results of all these programs, the average pension income in the country has already increased to UAH 3,400,” she said at a briefing. In particular, 10.6 million pensioners and recipients of social benefits, who received…
When compared to May 2019, consumer prices in Latvia declined by 0.9%, putting the country among 14 European Union member states where deflation was found in this period of time, according to information published by Eurostat. Identical deflation to Latvia’s was observed in Spain. Deflation was higher in Estonia (-1.8%), Luxembourg (-1.6%), as well as…
The Estonian state needs an estimated EUR 3.87 billion for 2020 and a further EUR 1.2 billion for 2021, the treasury (Riigikassa) has announced, following an outline of changes on how the state’s cash-flow will be managed going forward and in the wake of the coronavirus pandemic and its economic fallout. The debt requirements of…
In January-April, mutual trade between Kazakhstan and the EAEU countries amounted to $5685.9 million. This amount is 9.3% below that in January-April 2019, including export – $1,606.6 million (-16.5%) and import – $4,079.3 million (-6.1%). According to the agency, 92.6% accounts for the Russian Federation, 3.9% – the Kyrgyz Republic, 3.4%, – the Republic of…
The Ecolines international bus service, which includes the Ukrainian Autolux service, resume trips from Kyiv to Warsaw and Szczecin (Poland). As the company’s press service has reported, the company will gradually resume trips on other international routes. Moreover, the company said that Autolux had already resumed regular bus service from Kyiv to Odesa, Zaporizhia, Kharkiv,…