Latvia: Amber Beverage Group allowed acquiring decisive influence in Lido restaurant chain

The Latvian Competition Council has allowed the multinational alcohol producer Amber Beverage Group to acquire decisive influence in the Latvian iconic restaurant chain and food producer JSC Lido. The competition watchdog has not found significant harm to competition arising from the deal in the area of the production of alcoholic beverages, therefore the deal has…

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Kazakhstan: Almaty Akimat purchases pharmaceuticals from India

Another plane with a medical cargo with a total weight of 34 tons has arrived in Almaty from India. The pharmaceuticals were purchased at the expense of the Almaty city Akimat to form the stabilization fund. The medical cargo contains such medicines, as anticoagulants – enaxoparin, heparin; antibacterial ofloxacin; anti-inflammatory medicines – prednisone, dexamethasone; antibiotics…

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Kazakhstan: GDP down in H1 2020

According to the results of the first half of 2020, Kazakhstan’s GDP has decreased by 1.8%, while the forecast was -1.5%. This is due to the downturn in the service sector, despite the relaxation of quarantine measures and the opening of trade and catering facilities from mid-May. According to the National Bank, such industries, as…

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Georgia: solar power systems installed in highland villages without electricity

Solar power systems have been installed in highland villages that are not linked to the national electricity grid in Georgia’s eastern Akhmeta municipality. With the technical support of the USAID Energy Program 25 solar power systems have been installed for permanent resident families in the municipality, including the iconic mountainous region of Tusheti. Each solar…

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