Ornex, a company operated by SCM Group, has bought a 25% stake in DTEK Dniproenergo and DTEK Dniprooblenergo from the State Property Fund of Ukraine. The deal has taken place at PFTS Stock Exchange. The company paid UAH 728.236 million for a 25% stake in DTEK Dniproenergo, and UAH 1,004.676 billion for a 25% stake…Details
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Prime Minister Volodymyr Groysman says that Ukraine and Lithuania may achieve a mutual trader turnover of $1 billion a year. He stated this at a meeting with Viktoras Pranckietis, Speaker of the Seimas of the Lithuanian Republic, in Kyiv on August 31. “The level of bilateral trade is quite high. We’d like to set the…Details
The opening of the “Turkmenistan” trading house has taken place in Mazar-i-Sharif city of the Afghan province of Balkh. The project was implemented by the Union of Industrialists and Entrepreneurs of Turkmenistan together with Afghan private companies with the assistance of state structures of the two countries. The opening ceremony was attended by heads of…Details
The combined power plant in Paide now has a new liquid natural gas (LNG) boiler unit to cover peak-time demand. The plant usually burns wood chips, but so far depended on an old fuel oil boiler for peak-time production. Eesti Energia’s renewable energy subsidiary, Enefit Taastuvenergia, announced that the change would allow them to finally…Details
According to Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 5.7% in the second quarter of 2017 compared to the same period in 2016. In the second quarter GDP at current prices reached EUR 5.8 billion. The seasonally and working-day adjusted GDP grew by 1.3% QoQ and by 5.2% YoY. The biggest…Details
Compared to July 2016, the total retail trade turnover rose by 3.9% in July 2017. Turnover of retail trade in food products increased by 4.6%, and turnover of retail trade in non-food products grew by 3.3%. The most significant turnover growth in non-food product group was recorded in retail sale of information and communication equipment…Details
The number of companies that are indebted to State Revenue Service continues to increase. Since May there has been an increase in the number of people engaged in business activities, as well as the number of debtors to SRS, according to data from the Credit Information Bureau. CIB’s database has information about 44,000 businesses’ and…Details