The information technology and communications sector was the least hit by the first wave of the coronavirus in spring, while accommodation providers, caterers and travel agents found themselves in the most difficult situation. This means Estonia is entering the second wave in a vulnerable position, a report by the Riigikogu Foresight Center concludes. The center’s…
In January-October, the Freeport of Riga handled 19,816,300 tons of cargo, down by 27.5% YoY. According to the port’s statistics, handing of grain increased by 25.9%, to 2.13 million tons, coal handling fell by 70.7%, to 2.5 million tons, chemicals – by 16.7%, to 1.2 million tons, ore increased by 5.8%, to 507,700 tons, wood…
Regular flights between Ukraine and Montenegro on the Kyiv-Podgorica route will be launched on December 1. This was officially confirmed during a meeting of Ukraine’s Charge d’Affaires in Montenegro Nataliia Fiialka and Ukrainian Consul in Montenegro Mykhailo Shmatov with CEO at JSC Airports of Montenegro Danilo Orlandic. Flights will be operated by Windrose Airlines. Tickets…
The Ukrainian IT industry lost $199 million in revenue in the second and third quarters of 2020 as it had been hit by the COVID-19 pandemic and quarantine-related curbs. This is seen from findings of a study conducted by the Better Regulation Delivery Office (BRDO). The main factors include: reduced demand for services due to…
According to the Committee on Statistics of Ministry of National Economy of Kazakhstan, as of November 1, the stocks of grains and pulses increased to 16.511 million tons compared to 15.452 million tons in the previous month, including 3.753 million tons in agricultural organizations. In particular, as of the beginning of November the total stocks…
State Real Estate (VNI) will soon commence restoration of the facade of the Corruption Prevention and Combating Bureau (KNAB) in Riga, 1 Citadeles Street. A contract for EUR 452,630.48 (no VAT) has been signed. Work will be performed by SIA Laba maja Latvija and it is planned to be completed in spring 2021, as reported…
In the third quarter, there were 54,300 unemployed persons in Estonia, up by 4,900 QoQ, data from Statistics Estonia showed. The labor force participation rate was 71.8%, the employment rate was 66.3% and the unemployment rate was 7.7%. Leading analyst at Statistics Estonia Eveli Voolens said the unemployment rate was 3.8% higher than in the…