Ukraine: 4,500 bridges in need of immediate repair

Former Deputy Minister of Transport, Adviser to Ukravtodor CEO Oleksandr Kava says there are about 17,000 bridges of various lifetime and size in Ukraine, while 4,500 of them require immediate repair. “We have 17,000 bridges along public roads, two-thirds of which require major repairs, while 4,500 bridges need very urgent repairs,” Kava noted. The official…

Azerbaijan: Iran Khodro to expand car production

Iranian automobile manufacturer “Iran Khodro” intends to launch a second line of production in Azerbaijan, said Mohsun Salehi Iran’s deputy minister of industry, mining and trade. This step will allow the company to expand its production in Azerbaijan. “At present “Iran Khodro” intends to increase the current production capacity to raise the daily vehicle output…

Kazakhstan: Turkish investors to build greenhouses in Turkestan

Turkestan region governor Zhanseiit Tuimebayev met with Dal Holding Investment CO deputy director Cemalettin Ceker, the governor’s press service reports. The parties debated issues concerning attraction of investments to the development of glass-house industry in Turkestan and Kentau. According to the project proposed, up-to-date greeneries will be built in the territory of 200 ha, 80%…

Ukraine: army needs $4 billion in 2019

Ukrainian defense budget in 2019 should amount to at least UAH 119 billion ($4 billion), according to Chief of the General Staff of the Armed Forces of Ukraine, Viktor Muzhenko. “We calculated that this should be about UAH 112 billion, a minimum required for the Army, while we are currently seeing the funding will be…

Ukraine: meat production down in H1 2018

Meat production in Ukraine in January-June totaled 1.78 million tons (live weight), down by 0.3% YoY. Milk production in the country in H1 declined by 2%, to 6 million, while egg production grew by 2.6%, to 9.65 billion eggs, the State Statistics Service of Ukraine said. The data excluded reports from temporarily occupied areas in…

Lithuania: Central Bank to assess information about Latvian VIA SMS Group

Lithuania’s Central Bank has promised to assess information regarding Latvian VIA SMS Group working in the country. This decision is a reaction to the statement made by Seimas National Security and Defense Committee member Arvydas Anusauskas that people associated with former Parex Banka owners worked in that company. “Before issuing the aforementioned association a license…

Georgia: win-win trade with Iran enjoyed

Georgian Ambassador to Tehran Ioseb Chakhvashvili said Tbilisi was willing to increase its economic cooperation with Iran and looked forward to win-win trade with the Islamic Republic. “Given the existing potential between the two countries, we are seeking win-win cooperation with Iran,” Chakhvashvili said during a meeting in Tehran. He added that Iranian investors could…

Ukraine: honey exports up in 2017

Ukraine exported honey worth $133.7 million last year, according to First Deputy Prime Minister – Minister for Economic Development and Trade Stepan Kubiv. In a post on his Facebook page, he wrote: “Currently, Ukrainian honey remains a favorite product both in Ukraine and abroad. In 2017 Ukraine exported honey worth $133.7 million, up by $36.4…

Lithuania: Port of Klaipeda sues former CEO

Port of Klaipeda had filed a 1.9-million euro lawsuit against its Eugenijus Gentvilas, former CEO of Port of Klaipeda, who is now a parliamentarian and chairman of the Liberal Movement party. According to the port authorities, the port suffered damage under his leadership, failing to pay to the builders in time. Gentvilas said he doubted…

Ukraine: exports of apples up in 2017-2018

Exports of apples from Ukraine in the 2017-2018 season soared 3.2-fold YoY. Ukraine exported 49,000 tons of apples over the period under review, the Ukrainian government’s portal has said. In the previous 2016-2017 season Ukraine shipped only 12,800 tons of apples abroad. “The largest batches of Ukrainian apples are exported to Belarus, Moldova, and Austria,”…

Uzbekistan: number of flights to Russia growing

The national air carrier Uzbekistan Airways will start regular flights on the Tashkent-Vladivostok-Tashkent route from September 15, the company announced. According to the information, the regular passenger flights between Tashkent and Vladivostok will be performed once a week. Uzbekistan Airways noted that only charter flights had been previously carried out in this direction. Flights will…

Latvia: Defense Ministry performs final assessment of 4×4 tactical transport procurement

Defense Ministry currently performs the final assessment of procurement offers for 4×4 light and medium-sized tactical transports for the country’s National Armed Forces. Talks regarding procurement of 4×4 light and medium-sized tactical transports were organized in two stages. Twelve contenders submitted applications for the first stage. Defense Ministry’s procurement commission picked six for the second…

Belarus: trade with Sweden up in H1 2018

The trade between Belarus and Sweden reached $83.8 million in H1, up by 28.9% YoY, according to the website of the Belarusian embassy in Sweden. The Belarusian export grew by 73.1%, to $24.4 million. The supplies of Swedish products to Belarus increased by 16.7%, to $59.4 million. Belarus’ main exports to Sweden included potash fertilizers,…