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Ukraine: FEST to double beer production in Lviv

!FEST Holding (Lviv), developing a network of creative restaurants and projects, will double the capacity for beer production to almost 1 million liters per year, head and co-owner of the company Andriy Khudo has said. "The capacity of our brewery Theater of Beer Pravda in the Market Square (Rynok Square) in Lviv is 500-600 liters per year. We will double...

Ukraine: Ukrzaliznytsia launches sale of tickets for trains to EU states

PJSC Ukrzaliznytsia has started the sale of tickets for international trains running to the countries of the European Union. Ukrzaliznytsia wrote on its Facebook page, in pursuance of the resolution of the Cabinet of Ministers of Ukraine, the company took measures to establish discounts for the current ceiling tariffs for international traffic and developed the schedule of trains for 2017/2018...

Latvia: cargo and passenger traffic up in January-September 2017

Compared to the nine months of 2016, the volume of freights carried by land and pipelines had increased by 2.3 million tons or by 2.7% and freight turnover by 3% in the nine months of 2017. The volume of freights carried by rail went up by 1 million tons or by 2.8%, whereas the freight turnover went up by 1.1%....

Armenia: energy production up in January-October 2017

Armenia has produced 5.4% more electricity in January-October against the same period last year, the National Statistical Service said. 6,313 billion kWh of electricity were produced in the country in the reporting period, up from last year's 5,991 billion kWh. Meanwhile, 640 solar panels were manufactured in the first ten months of 2017, including 300 units in October alone. 7.3 billion kWh...

Uzbekistan: serious changes expected in construction industry

Uzbek President Shavkat Mirziyoyev at a meeting on the issues of construction progress noted that the majority of the normative acts, town planning regulations and construction norms applied in the country needed renewal, the press service of the Uzbek president reported. Mirziyoyev said that during the fulfillment of the instructions on bringing these norms and rules into line with modern...

Ukraine: government forecasts 18.6% rise in consolidated budget revenues in 2018

The Cabinet of Ministers of Ukraine forecasts an 18.6% rise in revenues of the consolidated budget of the country in 2018 (by UAH 181 billion), to UAH 1.155 trillion, Prime Minister Volodymyr Groysman said at a government meeting. "We forecast the increase in the revenues of the national consolidated budget from the work of the national economy to UAH 1.155...

Ukraine to increase trade turnover with Georgia to $1 billion

Ukraine sets a task to increase the trade turnover with Georgia up to $1 billion a year and speed up the formation of joint transport bodies for more convenient logistics, Prime Minister of Ukraine Volodymyr Groysman posted on his Facebook page. "During the official visit to Georgia, we once again affirmed mutual commitment to the pro-European ideals of democracy and...

Belarus: Priorbank wins prestigious Bank of the Year award

Belarus' Priorbank was named by The Banker magazine (UK) among the winners of the Bank of the Year financial award, the Priorbank press service reported. The world's best banks were announced at an official ceremony in London. The experts evaluated financial organizations of some 150 countries. Priorbank was named the best bank in Belarus for its performance during 2017 in...

Turkmenistan: UAE in top-5 trade partners

The UAE is one of the top five trade partners of Turkmenistan, and the volume of trade turnover between the two countries continues to grow, the UAE ambassador Hassan Abdullah Al Adab said. The diplomat noted that in 2015 the trade turnover amounted to $1.33 billion and reached $1.432 billion in 2016. Meanwhile, the share of exports from the UAE...

Azerbaijan: bank issues US dollar bonds

Azerbaijan's Unibank OJSC issues bonds worth $10 million, said the Baku Stock Exchange (BSE) in a message. The message says that this step is the second stage of consulting program for the listing of the BSE, which Unibank joined on October 26. The bank plans to place 1,000 bonds with a par value of $10,000 each. The yield on the bonds...