Ukraine: government approves agreement on cooperation in railway transport area with Serbia

Ukraine’s Cabinet of Ministers has approved an agreement on cooperation in the railway sphere signed by the Cabinet and the government of Serbia in Belgrade in June 2013. According to an explanatory note to the document, its endorsement would create a reliable international legal tool for implementing and stepping up bilateral intergovernmental relations, the conditions…

Latvia to introduce electronic working time tracking in construction

Saeima’s Budget and Finance Commission has expressed unanimous conceptual support for amendments to the Law on Taxes and Duties. These amendments provide for the introduction of electronic working time tracking system in construction, Saeima’s press-service reported. Finance Minister Dana Reizniece-Ozola told members of the Saeima that a solution for electronic working time tracking was achieved…

Belarus: Israel shows appetite for food

Israel is interested in buying Belarusian food, Ambassador Extraordinary and Plenipotentiary of Israel to Belarus Alon Shoham reported. The ambassador noted that Israel grew increasingly interested in buying organic food. “We believe that Belarusian products offer very good quality. We believe that Belarusian foods are organic and up to high standards. We are considering the…

Ukraine: Auchan acquires Caravan supermarket chain

Auchan Retail Ukraine, which operates a chain of 11 hypermarkets in Kyiv, Lviv, Odessa, Zaporizhia, and Kryvy Rih, signed an agreement with the Ukrainian distributor Caravan on the acquisition of its assets, namely nine Ukrainian-based hypermarkets, which employ 3,300 people. “Auchan Retail Ukraine will strengthen its presence in Kyiv, and will also be present in…

Ukraine: trade turnover with Hungary up

Last year, the trade turnover between Ukraine and Hungary grew after the fall in 2015 and amounted to $3 billion, Hungarian Extraordinary and Plenipotentiary Ambassador to Ukraine Erno Keskeny said during a roundtable in Kyiv on the topic “The Hungarian factor in domestic policy of Ukraine”. “We have a high trade turnover. Of course, it…

Ukraine: AVK launches ground coffee line

AVK Confectionary LLC (Kyiv), a large confectionary producer in Ukraine, with the launch of the ground coffee line under the Baristi trademark seeks to reach 5% of the market segment by 2018. The company said in a press release that in May 2016 AVK started producing ground coffee under the Baristi trademark. In 12 month…

Tajikistan: Dushanbe mayor inaugurates largest water park

Dushanbe Mayor Rustam Emomali has inaugurated Tajikistan’s largest water park. The Dushanbe Water Park with an area of 20,000 square meters has been constructed by Tajikistan’s Sokhtmoni Makhsus (Special Construction) Company in cooperation with Preston & Barbieri (Italy), according to the Dushanbe mayor’s office. More than 63.6 million somoni have reportedly been spent for construction…