Uzbekistan: nuclear power plant to be built

Uzbekistan intends to start construction of its nuclear power plant. Uzbekistan and Rosatom, Russia’s state corporation, reached an agreement to build a two-reactor nuclear power plant (NPP). It is expected to put it into commission in full by 2028. NPP construction will let the country save 3.7 billion cubic meters of natural gas a year.…

Poland: Port of Gdansk and Halcrow Group ink agreement to develop Wisla River Waterway feasibility study

An agreement for the preparation of a feasibility study for the Wisla River Waterway has been concluded in Gdansk. It was signed by the representatives of the Port of Gdansk Authority SA: President Lukasz Greinke and Vice-President Macin Osowski, as well as Artur Mazurek, representing the contractor selected by tender, the British company Halcrow Group…

Belarus: Belarusbank opens branch in Great Stone

A state-of-the-art Belarusbank branch has been opened in the China-Belarus industrial park Great Stone. Belarusbank Deputy Chairwoman of the Board Svetlana Kozhekina stressed: “It is a particularly important branch because it will become the face of the entire bank not only in the industrial park but for all our present and future partners from China.…

Ukraine: pork imports up in H1 2018

Ukraine in the first six months of 2018 imported 8,400 tons of pork, up 8-fold YoY. “In January-June Ukraine received 8,400 tons of fresh, chilled and frozen pork against 924 tons in the past year with an aggregate value of $15.4 million,” the Association of Ukrainian Pig Breeders reported. The major pork suppliers remain the…

Ukraine: gas reserves up

Natural gas reserves in Ukrainian underground storage facilities (USFs) have increased by 55.4%, or by 4.12 billion cubic meters since the gas injection season started on April 9, to 11.554 billion cubic meters. Some 366.55 million cubic meters of gas was injected into the USFs on July 1-7, according to the state-run gas transport system…

Lithuania: President signs laws on tax overhaul

President Dalia Grybauskaite has signed the laws overhauling the country’s tax system, adopted by the Seimas. For the laws to come into effect early next year they must be published six months earlier. The laws are related to the personal income tax, state social insurance, health insurance, tax administration, the profit tax, public procurement, VAT…