Uzbekistan’s chemical structure Uzkimyosanoat said it was implementing 21 projects worth over $1.3 billion. President Shavkat Mirziyoyev was presented with information on the projects on March 29. Eight projects worth about $60 million are to be completed until the end of this year. New facilities are set to replace $15 million imports and export $30…
In February, the average nominal salary in Ukraine amounted to UAH 12,549, up by 15.7% YoY, according to the State Statistics Service. The average nominal salary of Ukrainians in February was 2.1 times higher than the minimum wage (UAH 6,000). Compared to January, the average nominal wage rose by 1.7%. The highest average nominal salaries…
Since the beginning of 2021, UAH 112.4 million has been transferred to the accounts of insolvent banks, including UAH 91.3 million in February, according to the press service of the Deposit Guarantee Fund of Ukraine. The largest funds came from redemption of securities – UAH 48.7 million (JSC Misto Bank), from the sale of assets…
The UK is concerned over activity of “Scottish” companies operating in Uzbekistan, according to an article published by The Times. The World Bank in 2020 blacklisted an anonymously owned Scottish company NovoLine Resources after exposing “fraudulent practices” in an emergency medical aid program. NovoLine Resources won the tender of the Uzbek Health Ministry for the…
In accordance with multiple sections of EU regulations, Latvia’s Food and Veterinary Service (PVD) has decided to pull from trade eggs imported from Ukraine. The reason for this is that those eggs are improperly labeled, misleading consumers about the method laying hens were treated. The eggs in question were imported from Ukraine. However, the packaging…
“If the issue of private investments in the mining sector of Kyrgyzstan has reached the level of heads of state and is being discussed at the highest level, I have bad news for Bishkek. You ended up in a bad way. Comfortable investors who comply with laws and environmental standards will no longer come to…
Global tech giants Google and Facebook are swallowing an ever-greater part of the Estonian advertising market. Their share of the market grows by an estimated 10% a year, while the turnovers of local companies stagnate. Raido Raamat, executive manager of agency Media House, said that it was difficult to gauge digital companies’ market share, as…