Armenia: Russian gas supply down in 2016

Russian gas supply to Armenia decreased from 1.92 billion cubic meters in 2015 to 1.87 billion cubic meters in 2016, materials prepared for the meeting of Armenian Prime Minister Karen Karapetyan with his Russian counterpart Dmitry Medvedev revealed. 2.6% less gas has thus been shipped from Russia to Armenia. According to the Cabinet materials, the…

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Moldova: exports to EU on the rise

Moldovan producers export more and more goods to EU states. According to the Minister of Economy Octavian Calmac, the amount of goods exported to European markets has increased since the implementation of the Association Agreement with EU. In 2016 Moldova reached 65% in exports to the European market. The exports to CIS market reduced from…

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Ukraine: road map on cooperation in energy efficiency and renewable energy with Belarus to be signed

The Ukrainian State Agency on Energy Efficiency and Energy Saving and the Republic of Belarus are expected to sign a road map related to cooperation in energy efficiency and renewable energy in 2017-2020. The agency’s press service has reported this after a meeting between Ukrainian State Agency on Energy Efficiency and Energy Saving Chairman Sergiy…

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Ukraine: Independent Association of Banks opposes political pressure on NBU

The Independent Association of Banks of Ukraine (NABU) opposes political pressure on the National Bank of Ukraine (NBU) and blocking of collection of debts from former owners of bankrupt banks against whom lawsuits were filed. “The association addresses Ukrainian President Petro Poroshenko, Prime Minister Volodymyr Groysman and Parliament Speaker Andriy Parubiy asking to guarantee independence…

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Ukraine: Economic Ministry registers Novodnistrovsk and FastIndustry industrial parks

Ukraine’s Ministry of Economic Development and Trade registered two industrial parks: Novodnistrovsk (Novodnistrovsk, Chernivtsi region) and FastIndustry (Fastiv, Kyiv region), the ministry’s press service has said. The industrial parks became the 16th and 17th in the register of industrial parks. According to the report, the functional purpose of Novodnistrovsk Park with an area of 15.36…

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Ukraine: local roads to be reconstructed

At present 120 thousand kilometers of local roads in Ukraine need to be reconstructed, Minister of Regional Development, Construction, Housing and Utility Services Hennadiy Zubko has said. “At present 120 thousand kilometers of roads – the local infrastructure that we must renew. UAH 400 thousand is the cost of a central road which runs through…

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