The National Agency for Energy Regulation (ANRE) set new price ceilings for gasoline and diesel fuel. The new prices will be applied between October 19 and November 1. The price ceiling for a liter of gasoline coded 95 is 16.84 lei, up from 16.24 lei until now, while for a liter of diesel fuel is…
At an intergovernmental meeting between the Kyrgyz authorities and the Chinese authorities, the Minister of Economy said that the country could increase the volume of exports of agricultural products to other countries of the EEA (market of 170 million persons) and to China. Export of Kyrgyz products to China increased by 88.3% in 2016 and…
Belarus’ OAO Keramin (based in Minsk, sanitary stoneware manufacturer) earned a net profit of Br3.754 million ($1.95 million) in H1 2016, down by 46.4% YoY, according to the Q2 report of the Finance Ministry’s Department for bonds and securities. Keramin’s sales proceeds totaled 69.895 billion rubles ($36.307 million), down by 1% YoY. The statutory capital…
On September 16, the European Commission approved of eleven GM corn varieties created by Syngenta. The permission was granted for corn use as food and fodder for ten years, but did not apply to its cultivation. In July the European Commission allowed imports of three GM soybean lines (two – by Monsanto, and one –…
The European Union intends to allocate EUR 104 million to support Ukraine’s state management reform for 2016-2020, and Ukraine will receive the first tranche totaling EUR 10 million in early 2017. This was stated at a presentation of the renewed structure to support reforms, which was held in the Cabinet of Ministers of Ukraine with…
Ukrainian Energy and Coal Industry Minister Ihor Nasalyk predicts that the nuclear power plants (NPPs) share of total power generation in Ukrainian power grid would grow from current 60% to 65% at the end of October. “We have brought the share of nuclear power generation from 47% in May to 60% today, and in a…
The European Bank for Reconstruction and Development (EBRD) says it has implemented 245 projects in Belarus providing consultancy services for small and medium-sized businesses. More than 200 local and 1,000 international experts were engaged in SME consultancy projects in Belarus, the EBRD said in a press-release. In the framework of its SME consultancy program in…