Construction has begun on a four-lane section of Tallinn-Tartu Highway between Kose and Ardu that will shorten the overall length of the highway by 5.3 kilometers. The four-lane section between Kose and Mao will be constructed in two stages. Construction on the 25-kilometer section between Kose and Voobu is already underway, while work on the…
Livestock farms of the Turkmen Ministry of Agriculture and Water Management have been provided with the planned volume of winter fodder. It was planned to collect 90,321 tons of various types of fodder. To date, almost 92,000 tons of fodder have been collected, which is 102% of the plan. In Turkmenistan, the harvest season starts…
South Korean company Evergreen Holdings plans to build a cement plant in Karakalpakstan. A relevant agreement was signed in Seoul between the representatives of “Uzkurilishmaterialary” and the Korean company. The total cost of the project exceeds $300 million. Evergreen Holdings intends to implement it in several stages based on the demand in Uzbekistan and neighboring…
Turkey’s Ziraat Bank plans to open three more branches in Azerbaijan, bank’s Director General Huseyin Aydin declared on November 23. He reminded that at present, two offices of the bank – the head office and one branch – operated in Baku. “We plan to open the remaining three branches in the Azerbaijani districts, where industry…
In January-Octoberwater transport of Ukraine carried 0.5 million passengers, up by 30.2% YoY. According to State Statistics Committee of Ukraine, total passenger turnover in Ukraine climbed by 0.4%, to 3.851.6 million passengers. (PortNews/Business World Magazine)
Debts to the PJSC Kyivenergo for electricity consumed in October grew by UAH 300 million and reached UAH 2.9 billion, the company’s press service reports. Kyivenergo informed that utility enterprises and population remained the main debtors – UAH 1.52 billion and UAH 674 million of debts, respectively. “As of November 1 the arrears of enterprises,…
The recent GDP growth figures point to Belarus’ gradual economic recovery, Director of Alpari Eurasia Alexander Sabodin said during the online conference on November 22. “The transition from the two-year recession to the GDP growth is a sign that the hardest times are behind us,” he said. The expert stated, however, that the country’s economic…