Mainly usual air temperatures were reported in the country on November 21-27. Their weekly average equaled +1.1..+2.9 degrees C, being close to normal in most of Moldova. Maximum air temperature hit +8 C, while its minimum value was at –5 C. Precipitation was chiefly in the northern half of the country, mostly as rain and…
DetailsDuring the first two years of its e-residency project, which provides foreigners with the opportunity to register companies in Estonia and use other e-state services, Estonia already has 15,000 e-residents who have established more than 1,000 businesses. The President of Estonia stressed the importance of the program in introducing Estonia to the world. According to…
DetailsThe Ministry of Economic Development and Trade of Ukraine has increased its forecast of growth of agricultural production in Ukraine in 2016 to 2.2%, as opposed to 0.7% in the previous forecast. According to the announcement, in 2016 the country witnessed rather high volumes of agricultural crops production, especially spring crops, compared with the expected…
DetailsKyrgyzstan was unable to use the Polish credit of 40 million euro, the Head of Trade and Investment Promotion Department of the Polish Embassy in Almaty Wlodzimierz Kurowski reported. He noted that the recent contacts had been mainly used for the implementation of the loan agreement under the tied aid. However, the loan hasn’t been…
DetailsPresident of Kyrgyzstan Almazbek Atambayev announced that Russian military base would be closed after the current contract expires. “Kyrgyzstan should rely only on its own military forces, not Russian, American or any other country’s”, the president said during a press conference. “We should build our own army”, Atambayev said. “The last five years have shown…
DetailsThe effect for Ukraine from additional trade preferences, the draft regulation of was presented in September, in terms of product exports to the European Union will reach nearly $100-150 million, the Deputy Minister of Economic Development and Trade of Ukraine – Trade Representative of Ukraine Nataliya Mykolska declared. According to her, it is not the…
DetailsIn 2017PJSC Ukrzaliznytsia intends to purchase 9,000 new freight wagons, Prime Minister of Ukraine Volodymyr Groysman has said. “We are approving a serious program of Ukrzaliznytsia modernization. Next year we will purchase 9,000 new cars, I mean cargo wagons, plus there will be passenger carriages”, he said during his visit to Kriukiv Car Building Works…
DetailsAshgabat will host the next session of the Energy Charter Conference in 2017. The Turkmen capital is becoming an international discussion platform, which addresses the most important issues of development of the global energy resources market, development and introduction of the latest technologies, and the ways of development of oil and gas industry. Turkmenistan was…
DetailsTurkmenistan sees Germany as one of its leading partners, Turkmen President Gurbanguly Berdimuhamedov said in his message to participants of the Turkmen-German business forum. “German companies are among those first, which entered the promising Turkmen market and had been effectively working in various areas for many years that proved the existence of favorable investment climate…
DetailsUkrainian President Petro Poroshenko has signed the law on amendments to certain legislative acts of Ukraine on elimination of administrative barriers to exports of services, adopted by the Verkhovna Rada on November 3. According to the official website of the president, the document will minimize administrative barriers when signing international contracts, as well as accounting…
Details10.4 KMT of rapeseed oil was shipped to foreign markets in October against 15.4 KMT in September and 16.4 KMT in October 2015. In total 41.7 KMT was supplied to foreign market in the first four months of 2016/2017 (July-October), down by 63.2 KMT (60%) YoY (104.9 KMT). The rapeseed oil export trends are similar…
DetailsIn September the average salary in the municipality of Chisinau amounted to MDL 6,084.6, 17.7% more than the average salary in Moldova. According to the National Bureau of Statistics, it grew by 8.9% YoY. In particular, the average salary in Chisinau’s budget sector was MDL 5,201.1, up by 8.7%. In the real sector it averaged…
DetailsIn November against October the average market price for 1 square meter of apartments in Chisinau stayed unchanged at EUR 52. Against last November, it reduced by EUR 17. The price for apartments in Chisinau has reached its lowest since the beginning of 2016. In November 1 square meter in one-room apartments cost EUR 545…
DetailsAccording to the official customs figures, in July-October the exports of Kazakh wheat increased by 22% YoY and totaled 1.1 million tons. Uzbekistan became the largest country-importer of Kazakh wheat and purchased nearly 50% of the reporting grain volumes. During the first four months of the current season Kazakhstan exported 0.7 million tons of wheat…
DetailsKazakhstan can become a country-producer of organic products for the entire world, the President of Kazakhstan Nursultan Nazarbayev declared. According to him, Kazakhstan has a very rich land, 40 million ha of cultivated lands, and 290 million ha of pasture land. Nazarbayev noted that due to the constant growth of population the demand for food…
DetailsIn January-September investments in long-term tangible assets in Moldova decreased by 17.6% to MDL 9 billion 830.2 million. According to the National Bureau of Statistics, the investments in equipment and machinery were MDL 3 billion 684.1 million, down by 26.3% YoY. The investments in buildings and constructions were MDL 1 billion 627.5 million (-22.9%), the…
DetailsThe Trans-Anatolian Natural Gas Pipeline (TANAP) will be provided with an integrated control and safety system by Honeywell Process Solutions (HPS), reads a message on the company’s website. Honeywell Process Solutions is part of Honeywell’s Automation and Control Solutions group, a global leader in providing product and service solutions that improve efficiency and profitability, support…
DetailsThe deal for the sale of 66% stake in Greek gas grid operator DESFA eventually did not go through, according to the statement from the Greek energy ministry. The message said the talks to sell the share to Azerbaijan’s state oil company SOCAR did not conclude successfully. “In the last months the government has been…
DetailsUkraine has imported 740 tons of propane-butane mixture (LPG) from Azerbaijan in the beginning of the third decade of November, according to UPECO consulting company. Ukraine hasn’t previously received liquefied gas from Azerbaijan. “The importers are Ukrainian Nadezhda company and SOCAR Energy Ukraine (subsidiary of Azerbaijan’s state oil company SOCAR), which contracted for 530 tons…
DetailsThe Kyrgyz government predicts the budget deficit for 2017 in the amount of 23.3 billion soms. The vast majority of it are credits got in over the years of independence. 24.kg news agency decided to find out to whom the republic indebted the most and when the time to pay them back will come. The…
DetailsAbout 60 pharmaceutical companies in Moldova and India participate in a business forum in pharmaceutical field. Following this meeting, the countries will sign cooperation agreements. “Currently about 10% of pharmaceuticals sold in pharmacies in Moldova are imported from India, 17% are products manufactured in the country, and about 45% are pharmaceutical products imported from the…
DetailsPurchase prices for grains continued strengthening on Bulgaria’s domestic market last week. The Bulgarian national currency strengthened against the U.S. dollar over the week, though its growth was slight. The domestic grain market is propped up by reviving demand not only from millers but also from traders. The market purchasing operations are assessed as active.…
DetailsBP Azerbaijan company plans to suspend gas output at the Shah Deniz platform in 2017 due to technical-preventive, repair and adjustment work at the Sangachal terminal, Bakhtiyar Aslanbayli, communications, external affairs, strategy & region vice president at BP Azerbaijan, reported. In 2017 it is planned to carry out repair and adjustment work on a section…
DetailsBP and the Azerbaijani state oil company SOCAR are discussing the plans on oil production at the Azeri-Chirag-Guneshli (ACG) block of oil and gas fields for 2017, Bakhtiyar Aslanbayli, BP vice president for communications, external affairs, strategy and region, reported. The annual production plan has not been approved yet and it is difficult to talk…
DetailsAzerbaijan will start accepting applications from investors wishing to work in its free trade zone (FTZ) in March 2017, Eugene Seah, chief operating officer of the Baku International Sea Trade Port, said. Preparation is now underway in the run-up to the start of accepting applications from companies interested to operate in the FTZ. Azerbaijan’s President…
DetailsAccording to the information of the State Statistics Service, Ukraine’s reserves of grains and pulses totaled 27.11 MMT as of November 1, down by 12% YoY (31.71 MMT). Wheat stocks decreased by 16% to 12.13 MMT against 14.44 MMT as of November 1, 2015. Corn stocks shrank by 18% to 10.54 MMT, as harvesting in…
DetailsThe Republic of Belarus has become the latest member of IMO, following the deposit of an instrument of acceptance of the Convention on the International Maritime Organization with the Secretary-General of the United Nations on November 29, says IMO. With the acceptance of the Convention by Belarus, the number of IMO Member States stands at…
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