Another batch of mutton has been shipped to Iran, the press service of the Kazakh Ministry of Agriculture reported. The work, done by Kazakhstan’s agricultural ministry together with the Iranian side, resulted in the harmonization of the veterinary requirements for supplying live sheep and chilled mutton from Kazakhstan to Iran. In addition, the requirements for…
DTEK Energo has increased investments in the development and upgrade of its thermal power plants and mines. Over eight months of 2017, the company invested UAH 3.6 billion in its enterprises, up by 80% YoY. Investments in DTEK Pavlogradvuhillia and DTEK Dobropilliavuhillia made UAH 2.9 billion in the past eight months, up by 80%. This…
Ukraine’s GDP growth this year is projected at 1.8%, while by 2020 this figure could reach 4%, President Petro Poroshenko stated in the Verkhovna Rada in his annual address on the internal and external situation of the country. “According to the results of this year, GDP growth is projected at 1.8%. We expect economic growth…
Turkmenistan’s President Gurbanguly Berdimuhamedov has met with the President of Council of the International Civil Aviation Organization (ICAO) Olumuyiwa Benard Aliu. During the meeting, the sides exchanged views on the prospects of cooperation as part of Turkmenistan’s national civil aviation development program for 2012-2030, being implemented in the country. Under this program, new air harbors…
According to information released by Statistics Estonia on September 7, the consumer price index in August increased by 0.4% compared to July and by 3.9% compared to August 2016. Compared to August of last year, goods were 3.8% and services 4.1% more expensive. Regulated prices of goods and services also rose by 7.2% and non-regulated…
The railway electrification project in development by LDz is potentially lethal for Latvia’s national economy, says former head of Corruption Prevention and Combating Bureau’s Operative Investigations Office Juris Jurass, adding that it may be one of the biggest crimes currently being planned in the country. Jurass asked Aivars Lembergs if talks similar to those that…
Procurement prices of pork in live weight grew by 3% on a weekly basis, according to the Association of Ukrainian Pig Breeders. Since the beginning of current month, they have grown by UAH 1-2 per kg, to UAH 48.5-51 per kg, it said. Amid the growth, some meat-processing plants were forced to reduce purchases or…
The international ratings agency Fitch Agency has downgraded Azerbaijani AccessBank’s Long-Term Issuer Default Rating (IDR) to “BB-” from “BB+”, says the agency’s report. At the same time, the agency has affirmed the bank’s Viability Rating (VR) at “f”. According to Fitch experts, the bank’s shareholders provided $20 million of equity in March and were committed…
Ukraine’s state-owned Ukroboronprom concern is presenting the defense military complex products at the 25th international arms exhibition MSPO 2017, taking place in Kielce, Poland, from September 5 through September 8. According to Ukroboronprom, Ukraine at the expo showcases high-precision weapons, including anti-tank missile systems supplied to Ukraine’s army and available for exports. In addition, the…
Since the beginning of 2017-2018 MY, and as of September 1, Ukraine exported over 7.07 million tons of grains, the State Service of Ukraine for Food Safety and Consumer Protection (SSUFSCP) declared. In particular, the export volumes of Ukrainian wheat totaled 3.7 million tons, barley – over 2 million tons, and corn – 1.1 million…
President of Uzbekistan Shavkat Mirziyoyev spoke about economic opportunities in the relations between the two countries at a meeting with the Prime Minister of Kyrgyzstan Sapar Isakov. He said that Uzbekistan was ready to assemble cars in the Kyrgyz Republic and import its fabrics. Shavkat Mirziyoyev recalled that in the near future the parties planned…
Ovostar Union, a leading shell egg producer in Ukraine, has received a permission to export the shell eggs of class A (table eggs) to the European Union effective from September 12. According to a report on the company’s website, the company is planning to start first deliveries in October. According to the EU materials, the…
Bearish price trends persisted on the Ukrainian milling wheat market last week. Average export prices for 12.5%- protein milling wheat closed the week down by another $1-2/MT FOB for September-October delivery. Prices for wheat with 11.5% protein content remained within the last week’s range for September-October delivery. Export prices for feed wheat closed the week…
A bill has exited the Ministry of Defense that would grant Estonian defense industry businesses the right to handle military weapons and munitions. The plan is to grant businesses the right to transport, store, repair, alter and manufacture military weapons, ammunition, ordnance and other goods associated with military weapons, the Ministry of Defense said in…
In 2016 gross consumption of renewable energy resources in Latvia constituted 68.7 petajoules (PJ). Compared to 2015, the consumption of renewables has risen by 5.7%, whereas over the past ten years – by 14.1%. As the gross consumption of renewable resources (mainly formed by domestic energy resources) increased, Latvian dependence upon imported energy resources reduced…
This year more than 600,000 railway containers from China will go to Europe via Minsk, Chengdu International Railway Port, a major hub of the Belt and Road project, reported. The railway port is able to secure an uninterrupted supply of Chinese goods to Europe. Both big and small Chinese companies ship their products. The journey…
Fitch Ratings, the international ratings agency, said that it had withdrawn International Bank of Azerbaijan’s (IBA) $500 million senior unsecured notes following the completion of the bank’s debt restructuring and the settling of the issue on September 1. The agency has not yet rated the new $1 billion senior notes due 2024 issued in part…
The total state (direct) and government-guaranteed debt of Ukraine in July increased by 1.4% or by $1.05 billion, to $76.06 billion, the Ministry of Finance said on its website. The state debt in the national currency rose by 0.69% or by UAH 13.45 billion, to UAH 1.971 trillion. Since the beginning of the year the…
As of September 4, Ukraine harvested 37.537 million tons of grains (including corn) throughout the areas of 9.794 million ha (67% of the plan). The average yield totaled 3.83 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine declared. In particular, agrarians harvested buckwheat throughout 59 thousand ha (32%), and produced 67 thousand tons…
Latvian State Border Guard currently evaluates offers for procurement of new helicopters. The country’s National Armed Forces, one the other hand, has no plans to procure new helicopters in the near future. Until then, old helicopters will be kept repaired and in battle-ready condition, according to available information. It should be noted that Latvia currently…
The capital assets of the Azerbaijani Armed Forces Relief Fund amounted to 84,650,521.36 manats ($49.8 million) as of September 1. Azerbaijan’s Defense Ministry reported that the Fund’s dollar account has accumulated $212,873.88, the euro account reached 8,336 euros, while the ruble account made up 5,000 rubles. The Armed Forces Relief Fund, established in 2002, targets…
“This year we signed a contract for the delivery of various types of clothing to Kyrgyzstan for $2 million,” Anna Dobrykh, representative of the company “Iftkhorki Sanoat”, reported. According to her, they have been cooperating with Kyrgyz companies for two years. “At the business forum, we expect to sign more contracts. Agreements and intentions have…
The Ministry of Economic Affairs and Communications has submitted a proposal to the government to support the state-owned railway infrastructure company Estonian Railways with EUR 8 million from the Rail Baltic railway project and road management in order to maintain the budgetary balance of infrastructure companies. Estonian Railways must be supported as, according to the…
The industrial group Belorusneft is eager to become the national company in charge of operating the network of electric car charging stations in Belarus, the company’s representatives reported. At present Belorusneft operates eight charging stations as part of its refueling stations chain. Three charging stations were commissioned last month – two in Gomel region and…
Electric Stations OJSC decided on the supplier of Kara-Keche coal for the capital heating plant. As a result of a tender conducted between Electric Stations JSC and the Partnership of Coal-mining Enterprises, headed by Kyrgyzkomur SE, a contract was signed for the delivery of 450,000 tons of coal from the Kara-Keche field to Bishkek’s thermal…
Municipal enterprise Kyivpastrans has announced a tender for the purchase of electronic equipment, namely technical means of automated payment systems (APS) with software and its installation. According to the announcement on the ProZorro electronic trading platform, the deadline for submitting documents for the tender is September 18, the auction will be held at 11:30 on…
Ernest Airlines intends to start flying from Kyiv to Naples and Bergamo from Kyiv and to Naples, Venice and Bergamo from Lviv in 2017. The airline said on its website that Kyiv-Naples flights would be serviced from December 9, Kyiv-Bergamo from December 4, Lviv-Bergamo from October 20, and Lviv-Venice and Lviv-Naples from December 8. The…