The role of Armenia as an energy corridor between Iran and Georgia will grow, tripling the potential of exporting electricity, minister of energy infrastructures and natural resources Ashot Manukyan said. According to the minister, three solar stations have been put to operation in Armenia in 2017, and a total of 128 solar photovoltaic stations have…
Tallink Grupp says it uses proceeds from the sale of Superfast VII and Superfast VIII for early repayment of loans. Loan taken to finance the purchase of vessel Baltic Princess in 2008 was prepaid on December 22. Loan taken to finance the purchase of vessel Isabelle in 2013 will be prepaid this week. Total amount…
Total trade turnover of Uzbekistan with foreign countries rose by 16.6% and amounted to more than $22 billion in ten months of 2017. The positive dynamics is also observed in trade with Central Asian countries, according to the data of the Uzbek Foreign Ministry. It was noted that great work had been done in the…
The nationalized Ukrainian-based PrivatBank has hired a leading Ukrainian company that is Rothschild’s partner in Ukraine to find buyers of PrivatBank’s 46.5% stake in AS PrivatBank Latvia, the Ukrainian bank said in a statement. PrivatBank’s supervisory council has given the green light to hiring, the bank said. The partner will also have to prepare and…
Ukrzaliznytsia seeks to send UAH 18 billion for top priority investment projects, acting Board Chairman of Ukrzaliznytsia Yevhen Kravtsov has said. “We plan to use mainly these funds in 2018 and early 2019,” he said, presenting a plan of priority investment projects in the Cabinet of Ministers of Ukraine. Kravtsov said that the funds would…
The port of Riga handled 31.1 million tons of various types of cargo during the first 11 months of this year. This November was especially successful for the port of Riga, as it was able to handle more than 3 million tons of various types of cargo, displaying one of the highest monthly results this…
Belarus hopes to supply electricity to the common electricity market of the Eurasian Economic Union (EAEU), Belarus’ Energy Minister Vladimir Potupchik declared. “We hope to export electricity to the common electricity market of the Eurasian Economic Union after the common gas market is established and equal rights for all the countries are created. Our electricity…