The Construction Cost Index (CCI) decreased by 1.6% in the first quarter of 2021 compared to the previous quarter, the National Statistics Office of Georgia (Geostat) reported. The change was mainly due to a 19.7% decrease in average monthly nominal wages of employees in the construction sector, which contributed -6.05% to the total index change.…
The United Nations Industrial Development Organization (UNIDO) will establish an Investment and Technology Promotion Office in Ukraine, the press service of the Ministry for Strategic Industries of Ukraine has reported. “The Ministry for Strategic Industries has been selected as the main central executive body responsible for fulfilling the obligations arising from Ukraine’s membership in the…
Verkhovna Rada Chairman Dmytro Razumkov has signed laws amending the Tax and Customs Codes to stimulate the development of the electric transport industry in Ukraine and has sent them to President Volodymyr Zelensky for signature, according to the parliament’s website. In particular, these are the laws “On the Introduction of Amendments to the Tax Code…
As of July 16, Tajikistan harvested more than 600 thousand tons of grains, informed the Ministry of Agriculture. Farmers harvested grains throughout 195.9 thousand ha. (APK-Inform/Business World Magazine)
Prime Minister Irakli Garibashvili has stated that the government has no plans to reimpose coronavirus restrictions “because the state economy will not withstand them”. He stated at a governmental meeting that the authorities had decided to “manage the epidemiological situation in the country rather than impose lockdown and other restrictions”. Garibashvili has urged the public…
Lithuania’s Kaunas Intermodal Terminal received its first freight train from the Netherlands, capable of carrying containers and semi-trailers. The train arrived on the European standard-gauge railway Rail Baltica, said Lietuvos Gelezinkeliai (Lithuanian Railways, LG), the country’s state-owned railway company. According to the company, the terminal has officially become Europe’s easternmost rail point accessible for freight…
In five months Latvia produced 20.242 million liters of alcoholic beverages, excluding beer. Compared to the five months of 2020, this is 0.4% more, according to data on excise goods compiled by the State Revenue Service. A drop in production volumes is observed for intermediate products containing less than 15% of alcohol – by 39.6%.…