Electricity grid distributor Elering has reported 2019 net profits of EUR 32.8 million, up from EUR 18.6 million in 2018, in part aided by lower financial expenses. The company’s main focus last year was the Balticconnector gas pipeline between Estonia and Finland. The company’s profits from ordinary activities, according to the audited report for 2019…Details
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The Cabinet of Ministers at its extraordinary meeting approved a resolution prohibiting buckwheat exports until July 1. “The regulation introduces a temporary regime – until July 1 – the regime of licensing and quotas for the export of buckwheat and hulled buckwheat grain (without bran covering). In particular, a zero quota has been set for…Details
Ukraine’s imports of natural gas rose to 2.7 billion cubic meters in the first quarter of 2020, up by 76% YoY, according the LLC Operator of the Gas Transmission System of Ukraine (OGTSU). In particular, Ukraine’s imports from Slovakia amounted to 1.9 billion cubic meters (+99%), Hungary – 0.5 billion cubic meters (+58%) and Poland…Details
LLC Rigas mikroautobusu satiksme (RMS) has decided to shut down shuttle bus services on all routes in Riga until the state of emergency in Latvia is over, as confirmed by RMS. To halt the spread of COVID-19 in Latvia, including through public transport, Latvia has established a number of restrictions and security measures. Since March…Details
A total of 2,059 newly unemployed persons registered with the Estonian Unemployment Insurance Fund (Tootukassa) last week. According to Deputy Secretary General on Labor and Employment Policy Sten Andreas Erlich, the labor market is deteriorating. 40,125 people were registered unemployed in Estonia as of March 29. The number of newly registered unemployed last week was…Details
LLP SaryarkaAutoProm has launched production of UzAuto Motors vehicles under the Chevrolet brand, UzA reports. In recent years, thanks to the strong political will and regular dialogues of the Presidents of Uzbekistan and Kazakhstan, relations between the two countries have been strengthened and developed at a qualitatively new level. Establishment in Kazakhstan’s Kostanay city of…Details
The deficit of Ukraine’s foreign trade in goods and services in January and February amounted to $590 million, which was half the figure reported in the same period of 2019. As the National Bank of Ukraine (NBU) said on its website, the deficit of foreign trade in goods over this period decreased by 29%, to…Details