New opportunities for Estonian businesses have emerged during the COVID-19 crisis, as global supply chains get shorter and become more regional, Governor of the Bank of Estonia (Eesti Pank) Madis Muller has said at a conference on economic security. Muller said there was a global trend in shortening the supply chains for the production of…
Because of Covid-19 crisis there are sometimes major price differences for the same goods in different shops in Latvia, says Agricultural Market Promotion Centre (LTVC) manager Inguna Gulbe. “Covid-19 has polarized the population in Latvia even more. The rich and the poor are even more far-apart. The gap has expanded uncontrollably. Previously Latvia’s political stage…
While the authorities of Kyrgyzstan are changing the Constitution and holding elections, the situation in the country is deteriorating. Drop in GDP continues, as well as the rise in prices for almost all products. Experts’ forecasts are disappointing. Improvement can be expected only until the end of the year, but on condition that the epidemiological…
Siemens AG and Stone City (the Netherlands) are planning to modernize four thermal power plants in Tashkent, the German conglomerate has said following a meeting in the Uzbek capital. The meeting discussed cooperation with the company in the field of energy, in particular, the construction of power plants and thermal stations, as well as the…
In January-March, Ukraine’s production of eggs declined by 13.7%, to 3.24 billion eggs, according to the press service of the State Statistics Service. In particular, Ukraine’s egg production amounted to 3.24 billion, including 1.86 billion eggs produced by agricultural enterprises (-20.3% YoY) and 1.38 billion by private households (-2.9%). The highest amount of egg production…
Egg output in Ukraine over the three months of 2021 amounted to 3.241 billion pieces, down by 13.7% YoY, the latest statistical report said. Agricultural companies reduced egg production by 20.3%, while the output of households slid by 2.9%, the State Statistics Service reported. Meat production in Ukraine over the reporting period decreased by 6.2%,…
Farming output in Estonia dropped by 2% in 2020, compared to the year of 2019 and this was in part due to the COVID-19 pandemic, Minister of Rural Affairs Urmas Kruuse said. On April 15, the Rural Affairs Minister stated: “As was the case with other sectors, agriculture did not remain unaffected by the COVID-19…