Kyrgyzstan: road construction difficult

It is difficult to build roads in Kyrgyzstan, so aviation is needed, the Minister of Transport and Roads Zhamshitbek Kalilov said. According to him, the ICAO leadership for the first time pays an official visit to Kyrgyzstan. “We understand that it is extremely important for a mountainous country to pay attention to air traffic. This…

Ukraine: Ukrzaliznytsia’s development until 2021 foresees UAH 130-150 billion investment in modernization

The strategy of development of PJSC Ukrzaliznytsia for 2017-2021 provides for a comprehensive modernization of rolling stock and infrastructure, company chairman Wojciech Balczun has said. “In the next five years we plan to invest UAH 130-150 billion,” he said at a press conference in Kharkiv. According to him, in particular, it is planned to upgrade…

Ukraine: agricultural commodities production down in January-April 2017

In January-April the production volumes of agricultural commodities in Ukraine decreased by 0.3% YoY, the State Statistics Service of Ukraine reported.

In particular, agricultural enterprises lowered the production indices by 0.6%, while households of the population increased them by 0.1%.

In 2016 the growth of agricultural production totaled more than 6%. (APK-Inform/Business World Magazine)

Belarus: GDP up in January-April 2017

According to initial estimates, in January-March Belarus’ gross domestic product totaled Br30.6 billion, up by 0.5% in comparable prices as against the same period a year earlier, the National Statistics Committee of Belarus reported.

In January-April the GDP deflator index amounted to 106.9% as against the same period of last year. (BelTA/Business World Magazine)

Ukraine: rail freight traffic down in five years

Railway freight traffic in Ukraine from 2011 to 2016 decreased by 27%, Deputy Director General of state enterprise Ukrpromzovnishekspertyza Serhiy Povazhniuk has said. According to him, the volume of rail freight traffic began declining in 2012 due to the stagnation of industry. The rate of decline accelerated in 2014-2015 after the annexation of Crimea and…