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Latvia: construction costs up in May 2019

LatviaBy admin2019-07-01Leave a comment

Compared to April, the level of construction costs in Latvia grew by 0.6% in May. Labor remuneration of workers increased by 1.7%, prices of building materials by 0.5%, and maintenance and operational costs of machinery and equipment by 0.1%. In May, the average level of construction costs was affected the most by the increase in…

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Kyrgyzstan: National Bank buys 1.6 tons of gold since beginning of 2019

KyrgyzstanBy admin2019-07-01Leave a comment

Volume of purchases of gold in the domestic market of Kyrgyzstan amounted to 1.6 tons for 4.7 billion soms in January-May, the National Bank reports. In 2018 the National Bank of the Kyrgyz Republic bought 4.2 tons of gold for 11.8 billion soms. Over the year, the volume of purchases of the precious metal increased…

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Azerbaijan: car production up in January-May 2019

AzerbaijanBy admin2019-07-01Leave a comment

The output in production of machinery and equipment, other vehicles, cars, trailers and semi-trailers amounted to 91.7 million manats in Azerbaijan in January-May. The production of cars, trailers and semi-trailers increased by 63.9%, machinery and equipment production – by 15.8%, while the production of other vehicles decreased by 1.8% in January-May 2018 compared to the…

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Ukraine: businessmen discuss areas of cooperation in Qatar

UkraineBy admin2019-07-01Leave a comment

On June 25-27 a delegation of the Ukrainian League of Industrialists and Entrepreneurs (ULIE) headed by Mykhailo Lukashev made a working visit to Qatar. According to the press service of the Embassy of Ukraine in Qatar, a number of opportunities and proposals of Ukrainian companies in construction, metallurgy, IT and agriculture sectors was presented to…

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Ukraine: national debt down in May 2019

UkraineBy admin2019-06-28Leave a comment

The volume of public and publicly guaranteed debt of Ukraine in May decreased in dollar terms by $1.44 billion, or by 1.8%, to $78.4 billion, the Ministry of Finance reports. In the hryvnia equivalent, public debt for the said period was down by UAH 18.36 billion, or by 0.9%, to UAH 2.106 trillion. According to…

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Azerbaijan: GDP growth to be 2.7% in 2019

AzerbaijanBy admin2019-06-28Leave a comment

The International Monetary Fund (IMF) forecasts GDP growth in Azerbaijan at the level of 2.7% in 2019, and in the following years – from 2.1% to 2.5%. The economy of Azerbaijan is gradually recovering from the experienced shocks, said Natalia Tamirisa, head of the IMF mission in Azerbaijan, at a press conference in Baku on…

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Latvia: biggest tax debtors found in furniture manufacture and catering sectors

LatviaBy admin2019-06-28Leave a comment

The highest proportion of tax debtors in Latvia is found in furniture manufacture and public catering sectors, according to a study performed by Lursoft. The study reveals that the total size of tax debts of companies reaches EUR 611.75 million and more than 39,000 are found among tax debtors in the country. This means one-fifth…

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Kazakhstan: Almaty to launch LRT system in 2023

KazakhstanBy admin2019-06-28Leave a comment

Almaty plans to launch the light rail transit (LRT) system in 2023. “The first stage of the contest has been completed. The second stage will be announced soon. It is planned to put LRT into service in 2023 along the Tole Bi street,” deputy head of Almaty city mobility department Kanat Baigonyrov told the conference…

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