Prime Minister Volodymyr Groysman has said that Ukraine’s external debt totals 83% of the country’s GDP. At the same time, he reminded that in 2014, when Arseniy Yatsenyuk became the prime minister, the state budget amounted to UAH 108,000, as the previous regime brought huge damage to the country. “Then there was the annexation of…
DetailsUkrainian Infrastructure Minister Volodymyr Omelyan says Ukrainian state-run railways operator JSC Ukrzaliznytsia should focus only on the comprehensive development of transportation services. “Ukrzaliznytsia will never be able to make quality locomotives on its own. It will never make high-quality rail cars. When they talk about their passenger trains, I’m sorry, it’s past century technology: railway…
DetailsThe Orsha-based dairy company will start implementing two investment projects in 2018, representatives of the company reported. The Orsha dairy company intends to install a new line for packaging milk in containers with a longer shelf life. The equipment able to process up to 100 tons of milk per day will be installed in spare…
DetailsThe Baku Stock Exchange (BSE) held an auction for placement of short-term notes of Azerbaijan’s Central Bank (CBA) worth 150 million manats with a maturity period of 28 days, the BSE said in a message. The demand exceeded the supply – banks applied for 150.69 million manats at par value. The deadline for payments on…
DetailsTurkmen President Gurbanguly Berdimuhamedov discussed the construction of the Turkmenabat-Turkmenbashi highway during a working trip in Ashgabat. The president put forward a proposal to name the highway running from Amul (Amu Darya River) to Khazar (Caspian Sea) the Great Silk Road. This initiative is a real result of practical implementation of the resolutions on transport…
DetailsTIU (Canada) has built a solar power plant with an installed capacity of 10.5 MW in the town of Nikopol, Dnipropetrovsk region, the company’s press service said. “The total investment amounted to EUR 10.5 million,” it said. The National Commission for State Regulation of Energy, Housing and Utilities Services (NCER) has already established a feed-in…
DetailsIn November 2017 mayonnaise production by Ukrainian large and medium-sized plants was at the previous year’s level (12.4 KMT), but 12.7% lower than in October 2017 (11 KMT). Overall, mayonnaise production in 2017 has been fluctuating around the previous year’s level. Thus, Ukraine’s fat-and-oil industry produced 111.6 KMT in January-November 2017, down by 0.5% YoY.…
DetailsMembers of the Latvian Association of Agricultural Cooperatives – a total of 18 cooperatives – agreed on improving positions of farmers in the Baltic region. “The goal behind cooperation is ensuring a comprehensive dialogue with milk-processing companies regarding the procurement price under conditions when the global market reduces dairy product prices. We remind that the…
DetailsAS Tallink Grupp has published its statistics for December 2017 and the fourth quarter of the 2017 financial year. In December 2017 AS Tallink Grupp transported 815255 passengers, up by 6.2% YoY. The number of cargo units increased by 10%, to 28 315 units and the number of passenger vehicles increased by 0.6%, to 87672…
DetailsThe tinned food company Gorynsky Agro, which is located in Stolin district, Brest region, has shipped the first batch of its products to the European Union market, the company’s Director Vasily Kovalets declared. Branded with the Goryn trademark, the products were shipped to retail in Baltic States and Germany. A total of 12 titles of…
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