The members of Riigikogu passed on December 19, a series of tax changes pushed for by the new Estonian government that set forth increasing excise tax for fuel, light alcohol and raising considerably level of income exempt from income tax. The proposals adopted by 55 votes for and 37 against cancel the 0.5% cut in…Details
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President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti has said that the EBRD is strongly supportive of the decision of the Ukrainian government to nationalize PrivatBank and to protect the bank’s depositors, both individuals and businesses. “The nationalization which took place with the cooperation of existing shareholders will be combined with…Details
Estonia’s Tekhnolift will supply EUR 3.378 million worth of special equipment from European manufacturers for the upgrade of the state-owned company Brest Waste Recycling Factory, a company official reported. They plan to start the upgrade in spring 2017. Brest Waste Recycling Factory has been operating since November 2010, providing sewage water treatment and recycling solid…Details
EIB and EBRD will provide Moldova with a EUR 82 million loan for the construction of the 120-km-long Ungheni-Chisinau gas pipe. This is stipulated by the financing contract Moldova and the European Investment Bank have signed. According to the press service of EIB, EIB and EBRD have assigned EUR 41 million each for the project.…Details
Belarus’ proceeds from fresh/chilled beef export totaled $258.863 million in January-October, down by 10.9% YoY, Belstat said in a report. Belarus exported 87,510 tons of fresh and chilled beef in January-October, up by 2% YoY. Almost all beef was exported to Russia – 87,422 tons (up by 2.3%) worth $258.681 million (down by 10.7%). Cheese…Details
On December 10-16, Ukraine exported 670.1 thousand tons of grains from the seaports against 635.2 thousand tons on the previous week. In particular, wheat shipments reached 202.9 thousand tons, corn – 442.4 thousand tons, and barley – 24.8 thousand tons. (APK-Inform/Business World Magazine)Details
The Ukroboronprom State Concern seeks to have tighter cooperation with Ukrainian Defense Ministry under the UKRARPA defense innovation development platform project initiated by the concern. Ukroboronprom Head Roman Romanov said that recently the UKRARPA project was presented to the Defense Ministry and the General Staff. The project was approved by the military. It was decided…Details