Athens has offered Prometheus Gas, a joint venture of Russian gas giant Gazprom and Greece’s Copelouzos, to invest 700-800 million euros in the development of a coal field in the country’s north and expansion of a local power plant. The deposit’s resources are estimated at around 140 million tons of coal. Energy Minister Alexander Novak…
Finland has invested 100 million euros in Ukraine’s economy over the past twenty years, Finnish Foreign Trade and Development Minister Kai Mykkanen has stated at a briefing in Kherson Regional State Administration. “It is worth noting that Finland invested 100 million euros in Ukraine over the past twenty years”, Mykkanen said, adding that many Finnish…
Ukraine did not receive any notification from Egypt on the refusal of the Ukrainian wheat imports, the Ministry of Agrarian Policy and Food of Ukraine reported. According to the announcement, the ministry discussed the issue with the State Service of Ukraine on Food Safety and Consumer Protection. But they haven’t received any formal notification from…
As of September 5, all regions of Belarus started sowing winter grains. According to Belarusian AgMin, 93.3 thousand ha or 6.93% of the plan have been seeded. Sowing progress is considerably faster than last year. As of the same date in 2015 60.6 thousand ha had been sown (4.9%) This year farmers plan to increase…
Antonov state enterprise (Kyiv) intends in 2017 to provide 100% import substitution of Russian materials and components in the new generation Antonov airplanes promoted to the market, the press service of the company said, with reference to Antonov President Oleksandr Kotsiuba. “We plan next year to complete the program of import substitution of Russian components,…
The management of “Ukrainian Railways” intends to discuss with colleagues from Georgia and Azerbaijan cargo tariffs through the territory of countries in the framework of the project “Silk Road”, Ukraine’s Infrastructure Minister Vladimir Omelyan said. Ukraine launched the first experimental train from Ilyichivsk on January 15, to China, which was to run through Georgia, Azerbaijan…
Azerbaijan’s state oil company SOCAR will issue US dollar bonds for Azerbaijani citizens from September 20, said the company’s website. The bonds will be on sale till October 10. The nominal value of each bond is $1,000. The annual bond yield is 5%. Interest income is not taxable and will be paid quarterly. The bonds…