Ukraine’s Cabinet of Ministers at a meeting on April 12, extended the state of emergency in the electricity market for one more month. Emergency measures in the energy sector, stipulated in government resolution No. 103-r dated February 15, came into effect on February 17, because of the blockade by activists with the support of a…Details
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Ukraine: government approves attraction of external advisor to upgrade state-owned banks reform strategy
Ukraine’s Cabinet of Ministers, under a proposal of the Finance Ministry, has approved the attraction of an external advisor who will advise the ministry in upgrade of the strategy for reforming state-owned banks. The decision was made by the government on April 12. “Implementing clause 13 of the memorandum (signed by Ukraine and the International…Details
Each additional billion dollars of foreign investments is an additional 1% to Ukraine’s GDP growth, Yulia Kovaliv, Head of the Office of the National Investment Council, stated during the forum on foreign direct investments. “When we look at the biggest taxpayers, most of them, apart from state-owned companies, are large international companies,” Kovaliv said. She…Details
The first consignment of buses assembled in Turkey has arrived in Tajikistan. Tajikistan has purchased 40 Isuzu buses assembled in Turkey for Dushanbe and they have moved to Tajikistan through the territories of Iran, Turkmenistan and Uzbekistan. Tajikistan plans to purchase 24 more Anadolu Isuzu buses from Turkey in tsummer. Dushanbe authorities intend to remove…Details
Without state support to involve state businesses in the capital market, it will not be possible to increase activity at the exchange, said Nasdaq Baltic market manager Indars Ascuks. “Purely mathematically – if we look at large companies that are not owned by the state or a single large strategic partner that is possibly quoted…Details
Public joint-stock company Kyivenergo plans to invest around UAH 550 million in reconstruction and development of heat networks and power lines in 2017, Executive Director Alina Bondarenko said at a briefing in Kyiv on April 11. “The approximate sum of investment into the heat networks in 2017 will be UAH 243 million and in the…Details
In February Latvian foreign trade turnover amounted to EUR 1.82 billion, which was 6.1% higher than in February 2016, and the exports and imports values of goods were 5.7% and 6.5% higher, respectively. In February Latvia exported goods in the amount of EUR 832.8 million, and imported goods in the amount of EUR 984.6 million.…Details