Ukraine: Ukrzaliznytsia to build near 4,200 freight cars at own production facilities in 2018

The public joint-stock company Ukrzaliznytsia in 2018 seeks to build 4,000 gondola cars and around 200 fitting platforms at own production facilities – Paniutyne, Stryi and Darnytsia car repair plants. Head of the car department at Ukrzaliznytsia Oleh Motin gave the information at the international conference “Car Building & Rolling Stock Repair in Ukraine” in…

Belarus: exports to Poland up in January-August 2017

Belarus’ exports to Poland went up by 19% in January-August, Belarus’ Deputy Minister of Foreign Affairs Evgeny Shestakov said at the 5th meeting of the Belarusian-Polish working group on trade and investment on October 25. The working group is part of the Belarus-Polish joint commission on economic cooperation. “According to the Belarusian statistics, the bilateral…

Turkmenistan: Ashgabat and Bucharest mull transport and energy issues

The next round of consultations between the foreign ministries of Turkmenistan and Romania has recently taken place in Bucharest, the Turkmen Foreign Ministry said in a message. At the meeting, the sides noted the development of relations in the political and diplomatic, trade-economic and cultural-humanitarian spheres. “Particular attention was paid to energy and transport issues,”…

Ukraine: TAScombank to merge with VS Bank

Sergiy Tigipko intends after the purchase of VS Bank (Lviv) to merge it with TAScombank (Kyiv), the businessman said during the Ukrainian banking forum CIS Bankers held in Kyiv. “We want to merge VS Bank and TAScombank – we undertook such obligations. This will allow us to significantly increase the capital (by 60%), which we’ve…

Belarus: Russia’s tomato re-export accusations dismissed as groundless

Accusations made by the Federal Service for Veterinary and Phytosanitary Surveillance of Russia (Rosselkhoznadzor), which believes Belarus re-exports tomatoes, are groundless, Belarusian Agriculture and Food Minister Leonid Zayats declared. The official reminded that the Russian agency already inspected gardens, farms, and storage facilities in Belarus at the beginning of the year. “Tensions were relieved and…

Estonia: Elron ticket revenue up in September 2017

The state-owned passenger train operator Elron sold tickets for EUR 1.1 million in September, up by 8% YoY. At 650,000 passengers, the number of people that used Elron’s connections increased by 9% as well, or by some 50,000 people. The company’s busiest routes in September this year were Tallinn-Paldiski with 116,000, Tallinn-Riisipere with 102,000, Tallinn-Aegviidu…

Turkmenistan developing regional railway infrastructure

Turkmen President Gurbanguly Berdimuhamedov congratulated Turkmen railway workers on putting a locomotive depot into operation in Bereket city, Balkan region. A locomotive depot has been built along the Kazakhstan-Turkmenistan-Iran railway commissioned in December 2014. Railway transport is one of the most important segments of the Turkmen national economy. Big international projects have been implemented, railway…

Belarus: GDP to increase by 2020

The Belarusian gross domestic product may go up by 12.1-15% by 2020, Belarus’ Economy Minister Vladimir Zinovsky said. “We have taken up a recovery path. This is not the growth that can be satisfactory for us, but we are gradually moving towards it. Having made a solid foundation in 2017, we are setting more ambitious…

Turkmenistan: cooperation with Singapore to be intensified

President of Singapore Halima Jakob expressed her desire to expand cooperation with Turkmenistan in a letter to the President of Turkmenistan Gurbanguly Berdimuhamedov. Noting that friendly relations were established between two countries, Halima Jakob “expressed confidence that mutually beneficial Turkmen-Singapore cooperation will be activated along the entire spectrum of directions.” Earlier it was reported that…

Ukraine: Kyiv and Warsaw agree on cooperation in building Via Carpatia highway

Ukrainian and Polish Infrastructure Ministers Volodymyr Omelyan and Andrzej Adamczyk have signed a memorandum on cooperation in the implementation of an international infrastructure project – the construction of the Via Carpatia transport corridor. The document was signed in Przemysl on October 22 in the presence of Verkhovna Rada Chairman Andriy Parubiy and Marshal of the…

Turkmenistan: diversification of gas supplies to world markets to be mulled in Ashgabat

The 22th international conference and exhibition Oil and Gas Turkmenistan 2017 (OGT) will be held in Ashgabat on November 2-4, the Turkmen government said in a message. “Special attention will be paid to the diversification of supplies of Turkmen natural gas to world markets. In particular, the progress of construction and prospects of the Turkmenistan-Afghanistan-Pakistan-India…