Belarus: Slovakia business forum to make part of Slavonic Bazaar

The Belarusian-Slovak business forum titled as Innovations is a Way to Successful Integration will take place as part of the international art festival Slavonic Bazaar in Vitebsk on July 12-14, the Vitebsk Oblast marketing center informed. The forum provides platform for meetings of Belarusian authorities and businessmen with foreign partners: international organizations, businessmen and financial…

Kyrgyzstan: 680 million soms allocated for financing construction of Balykchy – Korumdu road

At least 680 million soms have been allocated for financing construction of Balykchy – Korumdu road, the Ministry of finance reported. These funds are provided from the republican budget under the article “Capital expenditures”. According to the list of construction projects, in 2015 the reconstruction of Balykchy – Korumdu road received additional 180 million soms.…

Ukraine: universities begin preparing subject matter specialists for defense industry

Vinnytsia National Technical University has received a license for opening “Arms and military equipment” specialty. The decision was adopted due to the support of the state concern UkrOboronProm, that officially initiated and supported the new specialty creation. “UkrOboronProm brings back prestige to defense industry employment. We contribute to education process improvement and introduction of required…

Ukraine: IT-experts among the most qualified profession representatives on the world market

This was announced by deputy managing director at Luxoft Ukraine Oleksandra Alkhimovich during the Kyiv International Economic Forum “Technology 4.0 VS Ukrainian industry. How to reduce the gap?”. “We are listed among top 30. Sometimes, our specialists redo the task after highly thought of experts”, she said. The deputy managing director at Luxoft Ukraine noted…

Ukraine: crude sunflower oil exports up

According to the official statistics data, in September-May period of 2015/2016 MY Ukraine exported nearly 3.2 million tons of crude sunflower oil, an increase of 14% YoY (2.8 million tons). The share of exports in the general production volume of the commodity rose to 84%, against 77% in the previous season. During two recent seasons…

Ukraine: gas production up in January-May 2016

Ukraine increased gas production by 2% YoY in January-May 2016 to 8.391 billion cubic meters (bcm), the Ukrainian Energy and Coal Industry Ministry said. Naftogaz enterprises reduced gas production by 1.1%, to 6.67 bcm, including production of 6.12 bcm by Ukrgazvydobuvannia and a 0.550 bcm by Ukrnafta. Other oil and gas companies operating in Ukraine…

Russia: vodka production up in May 2016

The production of vodka in Russia has increased year on year by 30% in April and 29% in May. The increase has been informally linked to raids carried out by the Federal Security Service (FSB) and Federal Tax Service in February. The groups raided a number of illegal vodka factories in the Northern Caucasus, closing…

Russia: decision to ban imports of vegetative products from Macedonia to be reconsidered

Russian Federal Service for Veterinary and Phyto-Sanitary Control has reconsidered its decision to ban imports of vegetative products from Macedonia, the watchdog’s deputy head Alexey Alekseyenko said after negotiations with the republic’s representatives in Moscow. “Previously, we were concerned over attempts by criminal groups to use fake certificates of Macedonia’s Quarantine and Plant Protection Service”,…