The combined power plant in Paide now has a new liquid natural gas (LNG) boiler unit to cover peak-time demand. The plant usually burns wood chips, but so far depended on an old fuel oil boiler for peak-time production. Eesti Energia’s renewable energy subsidiary, Enefit Taastuvenergia, announced that the change would allow them to finally…
According to Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 5.7% in the second quarter of 2017 compared to the same period in 2016. In the second quarter GDP at current prices reached EUR 5.8 billion. The seasonally and working-day adjusted GDP grew by 1.3% QoQ and by 5.2% YoY. The biggest…
Compared to July 2016, the total retail trade turnover rose by 3.9% in July 2017. Turnover of retail trade in food products increased by 4.6%, and turnover of retail trade in non-food products grew by 3.3%. The most significant turnover growth in non-food product group was recorded in retail sale of information and communication equipment…
The number of companies that are indebted to State Revenue Service continues to increase. Since May there has been an increase in the number of people engaged in business activities, as well as the number of debtors to SRS, according to data from the Credit Information Bureau. CIB’s database has information about 44,000 businesses’ and…
Cotton harvesting campaign started in Turkmenistan’s Akhal, Lebap and Mary provinces on August 30, this is while in Dashoguz province, the cotton harvesting will start on September 6, the Turkmen Ministry of Agriculture and Water Resources reported. It is planned to harvest 1.05 million tons of raw cotton in Turkmenistan. Raw materials and derivatives are…
Kyrgyzstan exported to Uzbekistan 1.2 billion kilowatt-hours of electricity. This was said at the meeting of the republican headquarters for the preparation for the autumn-winter period-2017/2018 by the chairman of the National Energy Holding Company Aibek Kaliev. According to him, exports to a neighboring country began on June 16, and as of today amounted to…
PJSC Farmak pharmaceutical company will invest UAH 230 million in the development of projects in 2017, Farmak CEO Augustin Dubnicka has said. According to Dubnicka, at present the company uses and plans to use mainly own funds for the development of projects, although in the past the company used a certain amount of attracted resources.…