Ukraine: Ukrzaliznytsia to see over UAH 11 billion of loss from passenger transportation in 2017

The public joint-stock company Ukrzaliznytsia could see over UAH 11 billion of loss from passenger transportation by rail in 2017, Ukrzaliznytsia Chief Financial Officer Andriy Riazantsev said at the presentation of the company’s development strategy. “It is likely that this year we would pass the UAH 11 billion threshold of loss from passenger transportation. These…

Kyrgyzstan: state debt growing

Since the beginning of the year, Kyrgyzstan’s state debt has grown by $221.26 million, the Ministry of Finance reported. As of July 31 the state debt amounted to $4,286 billion, or 294,238 billion soms. At least $3,897.27 billion of the sum is external debt, and $388.80 million – internal debt. Only for a month, the…

Ukraine: honey factory opens in Cherkasy region

First Vice Prime Minister, Economic Development and Trade Minister of Ukraine Stepan Kubiv has attended the official opening of the Ukrainian-Austrian Beehive honey factory in the village of Cherniavka in Cherkasy region. “A new honey production factory Beehive.ukraine opens here. This is a joint Ukrainian-Austrian project with an investment of about EUR 10 million. A…

Belarus: beef export to China launched

Two Belarusian companies, namely OAO Mogilev Meat Packing Plant and OOO Veles-Meat, are launching frozen beef export to China, Aleksei Bogdanov, head of the Foreign Trade Department at the Belarusian Agriculture and Food Ministry, announced. “The first two Belarusian meat producers have started exporting beef to the Chinese market,” Aleksei Bogdanov said. “We are not…