Armenia’s nuclear energy production will grow by 10% under the service life extension and modernization program of the second power unit of the nuclear plant, minister of energy infrastructure and natural resources Ashot Manukyan declared on March 21. According to him, the capacity factors of electricity production are currently equally distributed in Armenia. “Nuclear energy,…
Belarus and Georgia are opening a facility to assemble lifts in Tbilisi, Ambassador of Belarus to Georgia Mikhail Myatlikov said. “The project to set up the assembly production of lifts in Georgia is getting off the ground. About 25,000 lifts need to be modernized in Georgia. Of them at least 50% are of Belarusian make…
The National Bank of Ukraine (NBU) has left the list of systemically important banks unchanged. It includes three banks – PJSC CB PrivatBank, JSC Ukreximbank and JSC Oshchadbank, the central bank’s press service reports. “PJSC CB PrivatBank, JSC Ukreximbank and JSC Oshchadbank have been designated as systemically important for 2018. This is stipulated in the…
The Deposit Guarantee Fund has extended the term of liquidation of three banks – JSC Commercial Bank Union, JSC Commercial Bank Expobank, and JSC Commercial Bank TK Credit, the Fund’s press service reports. “The Executive Directorate of the Deposit Guarantee Fund approved a decision dated March 15, No. 741, to extend the term of liquidation…
Armenia’s government debt decreased by 0.6% in February, official data reveals. According to information provided by the finance ministry, the country’s debt totaled $6.898 billion in January and dropped to $6.851 billion the next month. The foreign debt is down by 0.2% in the reporting period, decreasing from $4.963 billion in January to $4.950 in…
The management of the BelGee factory is intent on enabling conditions for the future development of the enterprise, Belarusian First Deputy Industry Minister Gennady Svidersky said, who is the acting director general of the enterprise now. The executive said: “Making cars, which can compete on the global market, is the key task for us. If…
According to a study about the viability of a boat service between Estonia’s largest island and Latvia, commissioned by the NGO Saarte Koostookogu from OU Arenguruum, opening a ferry service would be socio-economically profitable but would rather be unprofitable when carried out only on a commercial basis. The study included analyzing the possibilities of opening…