Estonia: Elron to increase ticket prices

The Estonian state-subsidized Elron, which operates passenger rail service across Estonia, is increasing ticket prices for its electric and diesel trains by 3% to 5% on average. The new prices will take effect on December 10. “Beginning on December 10, the procedure for calculating infrastructure fees will change,” explained Elron sales and development manager Ronnie…

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Turkmenistan and Ukraine discussing infrastructure projects

President of Turkmenistan Gurbanguly Berdimuhamedov met with Ukrainian businessmen, Chairman of the Board at Interbudmontazh Construction Association Vladimir Petruk and Director General of Altcom Financial Industrial Group Alexander Tislenko, the Turkmen government said in a message. President Berdimuhamedov noted that Turkmenistan aimed at mutually beneficial cooperation with foreign partners, including with the business circles of…

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Turkmenistan: planting campaign of winter grains complete

In Turkmenistan, agrarians have already completed the planting campaign of winter grains throughout the areas of 760 thousand ha, the Ministry of Agriculture reported. According to the President of Turkmenistan, Gurbanguly Berdimuhamedow, high-quality and well-organized planting campaign is the guarantee of a rich harvest. Turkmen grain producers provide the country’s food independence, and increase the…

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Estonia: Elron to raise ticket prices

A ticket price increase for Elron trains is inevitable because the wages of the company’s employees need to be increased, among other things, Minister of Economic Affairs and Infrastructure Kadri Simson (Center) said. “Elron’s ticket prices have been unchanged for several years now, whereas the overall price rise during the same period has reached almost…

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Ukraine: Motor Sich consolidated net profit up in January-September 2017

PJSC Motor Sich (Zaporizhia) saw its consolidated net profit rise by 36.74% YoY under international financial reporting standards (IFRS) in January-September, to UAH 2.576 billion. The company reported in the information disclosure system of the National Commission on Securities and the Stock Market, its consolidated net income increased by 20.85%, to UAH 9.108 billion. In…

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