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Author Archives: admin

Ukraine: PM promises to put an end to shadow privatization

UkraineBy admin2018-05-11Leave a comment

Prime Minister of Ukraine Volodymyr Groysman says that the introduction of new rules for the privatization of state-owned enterprises will put an end to the shadow component of this process. “The state-owned enterprises of strategic importance will not be sold. Small enterprises will be sold through an electronic auction like ProZorro absolutely openly and transparently,…

Georgia: $93-million aircraft-part factory opens in Tbilisi

GeorgiaBy admin2018-05-11Leave a comment

A new Georgian factory that will produce civil aircraft parts for Boeing, Airbus and Bombardier passenger planes opened in the capital city of Tbilisi on May 10. The construction of the high-tech and modern aviation plant began in September 2016. Production is expected to start by 2020. “The first high-tech factory in the South Caucasus…

Estonia: McDonald’s begins delivering in Tallinn

EstoniaBy admin2018-05-11Leave a comment

McDonald’s partnered up with Estonian food delivery service Mychef.ee to begin offering delivery from four of its Tallinn locations last week. Since May 4 customers of the service can order delivery from the four most popular McDonald’s locations in the Estonian capital, and the service pledges delivery in 25 minutes or less within a two-kilometer…

Latvia: proportion of envelope wages in construction sector down in 2017

LatviaBy admin2018-05-11Leave a comment

The proportion of grey economy in Latvia’s construction sector dropped in almost all field last year. For example, while the proportion of envelope waged in 2016 was 34.6%, last year it dropped to 32.1%, says manager of the Partnership of Latvian Construction Entrepreneurs Baiba Fromane. The proportion of companies that do not declare income has…

Ukraine: sales of electric cars up in January-April 2018

UkraineBy admin2018-05-11Leave a comment

Sales of electric cars in Ukraine in January-April grew 1.5-fold YoY, to 1,044 units. The rise was due to imports of used cars accounting for 85% of the total sales in Ukraine, according to the Ukrautoprom Association’s press service. The Nissan Leaf model was the most popular electric car in Ukraine over the period under…

Ukraine: Finance Ministry borrows UAH 998 million on domestic market

UkraineBy admin2018-05-10Leave a comment

The Ministry of Finance of Ukraine has attracted to the state budget some UAH 997.897 million at a weekly auction to place domestic bonds. As reported on the ministry’s website, the funds were raised as a result of selling bonds with maturity of 90, 181, 272, 335 and 986 days with an average yield of…

Estonia: Simson to leave public transport regulation unchanged

EstoniaBy admin2018-05-10Leave a comment

Responding to a call by regional public transport centers to postpone the implementation of the new public transport regulation by three months, Minister of Economic Affairs and Communications Kadri Simson (Center) said that the appeal included demands, which had already been met and that the centers were given enough time to implement changes. Representatives of…

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