In the current year Ukrainian fat-and-oil producers managed to reverse the downward trend in the margarine market’s capacity. This product’s output shrank by 41% to the smallest level since 2003. The main reason for that substantial decline in Ukrainian margarine production is declining demand for this commodity, both from the domestic market and foreign consumers.…Details
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None of the coalition partners has any desire to overthrow the government. A solution to the tax reform and healthcare funding problem will be found, said Prime Minister Maris Kucinskis. “I gathered all coalition representatives. The good news is that none has any plans to topple the government and somehow stop the tax reform,” Kucinskis…Details
Freight volume handled in the Port of Liepaja in January-May climbed by 24.7% YoY, to 2,890,500 million tons, the Port Authority says. In the reporting period, transshipment of coal surged 6-fold, to 723,400 tons, wood pellets – 2.2-fold, to 150,700 tons, construction materials – by 7.8%, to 222,600 tons, oil products – by 65.6%, to…Details
The Majlisi Namoyandagon (Tajikistan’s lower chamber of parliament) ratified a grant agreement for $280,000 signed between the government of Tajikistan and the Islamic Development Bank (IsDB) in January. Tajik Minister of Energy and Water Resources Usmonali Usmonzoda says the amount of this grant is allocated for improvement of work conditions for the ministry’s employees, elaboration…Details
The budget expenditures of Kyrgyzstan in May amounted to 10,97.5 billion soms. Such data was presented by the Ministry of Finance. 2,409 billion soms were allocated for state employees, for the payment of social security benefits – 1,452, 522.5 billion. Social assistance to the population was provided at 632,515.3 million soms. Expenditures under the item…Details
Output of passenger cars in May grew by 40% YoY, to 661 vehicles, according to the Ukrautoprom Association’s preliminary data. For the first time since the beginning of the year, cars were produced not only by CrJSC Eurocar, but also by Zaporizhia-based ZAZ plant. In particular, ZAZ produced 94 passenger cars (in May last year…Details
Direct railway passenger traffic between Ukraine and the European Union will be expanded, Ukrainian Infrastructure Minister Volodymyr Omelyan has said. “On December 23, 2016 the Intercity+ Kyiv-Lviv-Przemysl train was launched. This route has become very popular among Ukrainian passengers. Ukrzaliznytsia is looking into the possibility of launching the second pair of Kyiv-Lviv-Przemysl trains by another…Details