Ukraine: local budget revenues up in January-May 2018

In January-May Ukraine’s local budget revenues increased to UAH 89.7 billion, up by 24.1% YoY, Vice Prime Minister – Minister for Regional Development, Construction, Housing and Utilities Hennadiy Zubko posted on his Facebook page. “In January-May local budget revenues increased to UAH 89.7 billion. The growth in revenues against the corresponding period last year amounted…

Belarus: localization at BelGee at 50%

Localization at the Belarusian-Chinese car manufacturing joint venture BelGee has reached virtually 50%. Belarusian Industry Minister Vitaly Vovk made the relevant statement. When asked when the joint venture would reach the 50% localization target, the official noted: “We have virtually reached the goal.” Vitaly Vovk said that two enterprises were launched together with the holding…

Lithuania: Lietuvos Gelezinkeliai joins Interrail

Lietuvos Gelezinkeliai (Lithuanian Railways) has joined Interrail, a European train system that allows passengers to buy cheaper tickets for train travel across Europe. Linas Bauzys, director of the Passenger Transportation Directorate at Lietuvos Gelezinkeliai, says that the state railway company aims to improve rail connections with Western Europe. According to him, joining the Interrail system…

Belarus: BelAZ exports up in January-May 2018

In January-May the Belarusian automaker BelAZ increased its exports by almost 58.9% in comparison with the same period a year before, the company reported. In January-May the company exported 96% of the output. The growth of supplies to Russia went up by 46.4%, and to the CIS countries (excluding Russia) – 3.3-fold. The leading consumers…

Ukraine: army to get new armored vehicle

The Armed Forces of Ukraine may receive a new Novator armored car – it is considered as one of the possible options for this type of equipment to be put into service. “I’ve heard the report of those responsible regarding the testing process on the possibility of this vehicle’s further supply to the Ukrainian troops.…

Ukraine: Infrastructure Ministry signs memorandum with Hyperloop Transportation Technologies

The Infrastructure Ministry of Ukraine has signed a memorandum with Hyperloop Transportation Technologies, the largest company developing the Hyperloop high-speed transport systems, Infrastructure Minister Volodymyr Omelian said following the public discussion “Hyperloop in Ukraine” within the HypeUa project, with the participation of Hyperloop Transportation Technologies CEO Dirk Ahlborn. “We have signed a memorandum with the…

Kazakhstan: exports up in April 2018

The prices for exported goods in Kazakhstan in April increased by 0.6% compared to December 2017, and for imported goods – by 1.1%, according to the Statistics Committee of the Kazakh National Economy Ministry. In the reporting period the increase in prices of export supplies was registered for copper – by 7.9%, non-ferrous and ferrous…

Ukraine: ATGMs no worse than Javelins

Valentyn Badrak, military expert and writer, the director of the Center for Army, Conversion and Disarmament Studies, says Ukrainian Skif and Korsar anti-tank guided missiles (ATGM) have recently proved to be no worse than the U.S. Javelin systems. “To date, there is a whole line of ATGMs, among which the most famous are Skif and…

Kyrgyzstan: contractor for construction of Madaniyat – Jalal-Abad road found

The Ministry of Transport and Roads decided on contractor for the project to improve the CAREC Transport Corridor No. 3 (Bishkek-Osh road), Phase 4, Madaniyat-Jalal-Abad section, the press service of the ministry reported. Tender proposals were submitted by four companies – Xinjiang Beixin Road & Bridge Group Co. (China), Gezhouba Group Company (China), Corporation Eurotrakt…