While Estonia was set to receive nearly 1 billion euros in Connecting Europe Facility (CEF) funds as of the end of last year, strong economic growth might see that figure reduced. Finance minister Keit Pentus-Rosimannus says that this should not mean funding for a proposed central hospital in Tallinn, one of the main objects the…
Amid diplomatic tensions between Vilnius and Beijing, Chinese companies are cancelling contracts with Lithuanian businesses. Export advisers suggest expanding trade with Taiwan, but companies fear it would not be an adequate substitute for Chinese markets. Despite the pandemic, the dairy processor Vilkyskiu Pienine has seen its exports and annual turnover increase. “People can be without…
The head of the National Bank of Kyrgyzstan, Tolkunbek Abdygulov, is resigning. It is expected that he will officially announce his decision at a meeting of the Committee on Economic and Fiscal Policy. The press service of the National Bank does not comment on the resignation. The official representative of the National Bank of the…
Uzbekistan’s Energy Ministry and the Uzatom Agency have reached an agreement with the Hungarian delegation on sending Uzbek specialists to the construction sites of the PAKS-2 nuclear power plant NPP. The parties came to a mutual opinion that detailed monitoring of the work at the NPP in Hungary would be very useful for Uzbek specialists.…
Georgia imported 17,400 tons of onions worth $5.3 million from January trough July, the National Statistical Office of Georgia reported. Most of the imports during this period fell on Turkey – 14,500 tons of onions for $4.4 million. Georgia has reduced imports of onions by 14.7% (20,4 00 tons for $6.7 million). (Trend/Business World Magazine)
In the second quarter of 2021, the number of employed people aged 15-70 increased by 2.6% QoQ, to 15.8 million people, according to the press service of the Ministry of Economy. “According to the results of the second quarter of 2021, there is a positive dynamics in the labor market. Thus, according to the State…
The state-owned Antonov Company will build three An-178 aircraft, ordered by the Defense Ministry, without Russian components, Director General of the State Concern Ukroboronprom Yuriy Husev has said. “Complete elimination of dependence on the supply of components from the Russian Federation is among the main priorities. The contract for the construction of three An-178 aircraft,…