Estonia: budget to reach balance by 2020

At a meeting with representatives of the International Monetary Fund (IMF), Prime Minister Juri Ratas (Center) said that Estonia met the objective of medium-term budget balance and according to current plans should reach a balance by the year 2020. At the meeting Ratas introduced the Estonian government’s budget policy as well as activities to support…

Ukraine: airports passenger flow up in January-February 2018

In January-February the number of passengers carried by Ukrainian airlines rose by 8.8% YoY, and the passenger traffic flow through Ukrainian airports increased by 19.3%, according to the State Aviation Service of Ukraine. “In January-February the volume of passenger-carrying operations of Ukrainian airlines increased by 8.8% and totaled 1,344.4 thousand people. The volume of international…

Ukraine: vehicle production up in February 2018

In February Ukrainian plants manufactured 721 motor vehicles, up almost 2-fold YoY, the Ukrainian Motor Vehicle Manufacturers Association, UkrAutoProm reported. The largest share of motor vehicle production was made up by cars, which totaled 606 unit (all manufactured by ZAO Eurocar: up by 134% YoY and by 26.5% MoM). Also, in February 35 trucks were…

Estonia: Tallinn announces public procurement for construction of Reidi Road

The Utilities Department of the City of Tallinn announced a public procurement for the primary builder in the construction of the Reidi Road project. The necessary work includes road construction extending the existing waterfront fortification, the establishment of utility networks, construction of water supply and sewage, a pumping station, street lighting, landscape architecture, electricity supply,…

Ukraine: financing of solar power plants construction in Vinnytsia region by EBRD another step to country’s energy independence

Ukrainian President Petro Poroshenko has expressed gratitude to the European Bank for Reconstruction and Development (EBRD) for organizing the financing of EUR 25.9 million for construction of solar power plants with a capacity of almost 34 MW in Vinnytsia region. “The EBRD has allocated EUR 25.9 million for construction of three solar power plants in…

Belarus: Construction Ministry to expand cooperation with Russia and Ukraine

Belarus’ Construction and Architecture Ministry will expand cooperation with Russia and Ukraine, Belarus’ Construction and Architecture Minister Anatoly Chernyi declared. “There are plans to hold meetings with the governors of Bryansk region and Smolensk region. The meeting with the Kaliningrad region governor is scheduled for next week. Plans are in place to build the Belarusian…