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Latvia: energy giant’s council suspended

LatviaBy admin2019-06-21Leave a comment

The council of the Latvian state energy giant AS Latvenergo has been removed by Economy Minister over lack of productivity. Yet its members have stated they are satisfied with the achievements of their work. Latvian Economy Minister Ralfs Nemiro (KPV LV) removed the council of the state capital company on June 19. Nemiro thanked council…

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Kyrgyzstan: state debt down in April 2019

KyrgyzstanBy admin2019-06-21Leave a comment

In April the state debt of Kyrgyzstan amounted to $694.49 per capita. Over the month, the debt burden has decreased by $1.16. According to the Ministry of Finance, as of April 30 the total amount of the state debt (external + internal) of Kyrgyzstan was $4,444.74 billion (310,464.82 billion soms), including $3,785.96 billion (264,449.03 billion…

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Azerbaijan: Bank Respublika raises loan worth $8 million

AzerbaijanBy admin2019-06-21Leave a comment

Bank Respublika has signed an auto financing loan contract worth $8 million with the Netherlands Development Finance Company (FMO), a Dutch bank. A loan for a period of three years was allocated to finance the agricultural sector and small and medium-sized enterprises (SMEs). The funds are also to be used to finance the activities of…

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Ukraine: over 200 thousand tons of early grains harvested

UkraineBy admin2019-06-21Leave a comment

As of June 19, Ukrainian agrarians have harvested early grains and pulses throughout the areas of 79 thousand ha, and produced 229 thousand tons of the grains. The average yield totaled 2.91 ton/ha, reported the Ministry of Agrarian Policy and Food of Ukraine. Six regions only started the harvesting campaign of early grains, namely: Dnipropetrovsk,…

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Ukraine: UAH 32.5 million allocated for SC Ukroboronprom audit

UkraineBy admin2019-06-20Leave a comment

The Cabinet of Ministers of Ukraine has allocated UAH 32.5 million for an international audit of the State Concern Ukroboronprom. The relevant decision was made at a government meeting on June 19. “We are forced to make changes in the issue of international audit of Ukroboronprom. We have adjusted the amount up to UAH 32.5…

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Estonia: Bolt and Citybee to launch electric scooter services in Tallinn

EstoniaBy admin2019-06-20Leave a comment

Bolt (formerly branded Taxify) introduces its electric scooter rental service in Tallinn. Users will be able to use scooters by way of Bolt’s ride-hailing app. A second company, Citybee, announced a similar service. Users of the Bolt app will be able to pick up a scooter by scanning its QR code. For first-time users, the…

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Georgia: investment in energy increases with World Bank support

GeorgiaBy admin2019-06-20Leave a comment

The International Bank for Reconstruction and Development (IBRD) is offering a $62-million loan to help increase the reliability of the electricity supply and prevent outages across the regions of the western Georgia. The loan will ensure the financial viability of the Georgia State Electrosystem (GSE), and help the GSE access long-term commercial financing. The money…

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Kazakhstan: Almaty bus drivers to be scanned by special seat

KazakhstanBy admin2019-06-20Leave a comment

Kanat Baigonyrov, Deputy Head of Almaty Urban Mobility Department, spoke about the launch of an electronic driver assessment system in Almaty. He mentioned the need to prevent accidents caused by bus drivers’ fatigue and chronic illnesses. “In this regard, an electronic system for the assessment of drivers’ physical condition will have been launched in Almaty…

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