Latvia: Riga Black Balsam enters US market

Riga Black Balsam brand has begun exploring the market in the United States of America. Exploration of the market commenced with New York, to be followed up by a presentation of Riga Black Balsam in Texas, Florida, San Francisco and Illinois in 2018, as reported by the company’s representatives. “The brand’s start in USA kicked…

Ukraine: Ukrenergo draws up feasibility study for construction of infrastructure for solar power plants in Chornobyl zone

The national energy company Ukrenergo has drawn up a feasibility study for construction of infrastructure to transmit electricity from solar power plants with a capacity of up to 1.2 gigawatts in the Chornobyl exclusion zone. Ukrenergo presented the document at a government meeting on December 1. “The project envisages construction of a new330/110 kV substation…

Ukraine: GDP growth to be 1.8% in 2017

The Economic Development and Trade Ministry expects that Ukraine’s GDP would grow by 1.8% at the end of 2017, First Deputy Prime Minister, Minister of Economic Development and Trade Stepan Kubiv has said. “By the end of 2017 we expect growth of 1.8%,” he said at a conference organized by Fitch Ratings in Kyiv on…

Estonia: economy up in Q3 2017

Estonia’s GDP increased by 4.2% YoY in the third quarter of 2017, Statistics Estonia reported on November 30. In the third quarter, the GDP at current prices was EUR 5.8 billion. The seasonally and working-day adjusted GDP remained at the same level compared to the second quarter of 2017 (with growth of 0.3%), but grew…