The Ukrainian Ministry of Energy and Environmental Protection is planning to accelerate the integration of Ukraine with the European power grid ENTSO-E, Acting Energy Minister Olha Buslavets said during an online discussion of the implementation of Annex XXVII to the Association Agreement. “A very important area is technical synchronization with the European ENTSO-E system. There…
Azerbaijan’s EVRASCON (Euro-Asian Construction Corporation) company has won the construction tender in Kyiv’s road transportation sector. As a result of the tender, EVRASCON will oversee the construction of traffic interchanges on the M-05 Kyiv-Odessa and M-06 Kyiv-Chop roads. The interchanges will be built on three sites. The construction of interchanges will ensure the unloading of…
To contribute to economic recovery under conditions of the crisis caused by COVID-19, political parties forming the coalition agreed to allocate EUR 75 million for road infrastructure projects. Prime Minister Krisjanis Karins told journalists after a meeting of the coalition council on April 27 that most of the meeting was spent discussing economic recovery topics…
Economic activity in Armenia shrank by 4.9% YoY in March, data from the National Statistical Service revealed. Economic activity in the country has contracted as a result of a lockdown imposed in mid-March in a bid to curb the Covid-19 outbreak. In the reporting period, construction and trade declined by 26.2% and by 9.9%, respectively,…
It is planned to build 16 world-class multi-field hospitals in Kazakhstan under the 2020-2025 healthcare development state program, the Healthcare Ministry’s press service reports. The hospitals will be equipped with the up-to-date medical equipment, information system. They will be constructed under PPPs and the long-term contracts. It will let build within 5-6 years a network…
Ukraine’s national budget in January-March grew by 25% YoY, from UAH 26.2 billion ($966.8 million) to UAH 32.732 billion ($1.21 billion). The country’s consolidated budget consisting of the national and regional budgets saw a UAH 17.324 billion ($639.3 million) deficit in the first three months of 2020, which was 93% higher than the deficit for…
Nova Poshta International (NPI), a member of the Nova Poshta group of companies, has changed its name to Nova Poshta Global (NPG), according to the company. “Such changes have occurred so that the name conveys a deeper meaning of the entire activity and strategy of Nova Poshta Global, the worldview of its employees. We help…