Estonia: December 2017 retail turnover up

According to information released by Statistics Estonia on January 30, the turnover of retail trade businesses in December 2017 increased by 1% YoY at constant prices, totaling EUR 654.5 million. The turnover of stores selling manufactured goods increased by 7% compared to December 2016. Turnover increased in most economic activities, except for in non-specialized stores…

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Kazakhstan: new cement plant to appear

China’s Gezhouba Group Cement Co., Ltd. plans to commission a cement plant in Kazakhstan’s Kyzylorda region in December, said the company’s head, Lee Min, on the sidelines of a meeting with the region’s head, Krymbek Kusherbaev. The parties discussed the construction of the cement plant in Shieli, Kyzylorda region, by the Chinese company, as well…

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Ukraine: wage arrears up in 2017

The total amount of wage arrears in Ukraine in 2017 increased by 32.2%, while in December 2017 they fell by 8.3% and as of January 1, 2018 amounted to UAH 2.368 billion, the State Statistics Service has said. According to its data, in December 2017 wage arrears at economically active enterprises decreased by 12.7% and…

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Ukraine: peas exports to set record

In the current season Ukraine harvested more than 1 million tons of peas, and its export would reach the level of 500-600 thousand tons, which would become a record, the Ukrainian electronic grain exchange GrainTrade reported. During 5 months of the season-2017-2018 the exports of Ukrainian peas increased by 77% YoY, to 475.1 thousand tons,…

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Belarus: BCC cement exports up in 2017

In 2017 the managing company of the holding company Belarusian Cement Company exported 1,412,000 tons of cement worth $68.2 million, up by 42.6% YoY, representatives of the holding company reported. The positive dynamics was secured by the commissioning of new enterprises with state-of-the-art technologies and constant cost-reduction efforts. “Over the last two years we’ve managed…

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Georgia: BTK project changes transport map

The Baku-Tbilisi-Kars (BTK) railway project has changed the transport map of Georgia, Prime Minister Giorgi Kvirikashvili said. He made the remarks addressing the ‘Strategic Outlook: Eurasia’ panel at the World Economic Forum in Davos on January 23. Kvirikashvili said that the international projects being implemented and the geographic location of Georgia formed the basis and…

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