Ukraine: Ukrzaliznytsia to focus solely on transportation services

Ukrainian Infrastructure Minister Volodymyr Omelyan says Ukrainian state-run railways operator JSC Ukrzaliznytsia should focus only on the comprehensive development of transportation services. “Ukrzaliznytsia will never be able to make quality locomotives on its own. It will never make high-quality rail cars. When they talk about their passenger trains, I’m sorry, it’s past century technology: railway…


Latvia: cooperatives to join forces to resolve milk market’s problems

Members of the Latvian Association of Agricultural Cooperatives – a total of 18 cooperatives – agreed on improving positions of farmers in the Baltic region. “The goal behind cooperation is ensuring a comprehensive dialogue with milk-processing companies regarding the procurement price under conditions when the global market reduces dairy product prices. We remind that the…


Kazakhstan: smart transport system to be launched

In his new State-of-the-Nation Address Head of State Nursultan Nazarbayev revealed what the future held for national transport and logistics infrastructure. President Nazarbayev is convinced that Kazakhstan needs to introduce digital technologies in a big way. For instance, in the address entitled “New Opportunities for Development Amidst the Fourth Industrial Revolution” President Nazarbayev suggests using…


Ukraine: repair of Odessa-Reni highway to be completed in 2018

In Ukraine, with a 10-year warranty, almost 200 kilometers of the Odessa-Reni route were repaired, and the rest will be put into operation in 2018.

Infrastructure Minister Volodymyr Omelyan wrote this on his Facebook page. (Ukrinform/Business World Magazine)

Turkmenistan: wages up in 2018

Wages, pensions, state allowances and scholarships have been increased by 10% in Turkmenistan since January 1. The relevant decree of the Turkmen President Gurbanguly Berdimuhamedov was signed last July. The decree provides for an increase of 10% starting from the New Year on salary received by employees of enterprises of self-financing institutions and organizations financed…


Estonia: consumer prices up in 2017

Consumer prices increased by an average 3.4% in 2017 compared to 2016. They were influenced the most by food products and non-alcoholic beverages, which made up two fifths of the increase, Statistics Estonia reported on January 8. The price of milk, dairy products, and eggs increased by 10.4% YoY, accounting for the single indicator that…