Ukraine: trade with Finland growing

Trade between Ukraine and Finland has increased by 17%, Ukrainian Foreign Minister Pavlo Klimkin has said. He stated this at a joint briefing with Finnish Foreign Minister Timo Soini. “Our turnover has grown by 17%,” Klimkin said. In addition, he said that a meeting of the joint Ukrainian-Finnish commission on trade and economic cooperation was…

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Belarus: milk production up in 2017

In 2017 Belarusian agricultural enterprises of all kinds (state-run agricultural enterprises, private farming enterprises, and personal subsidiary economies) produced 7,321,900 tons of milk, up 2.5-fold YoY, the National Statistics Committee reported. As of January 1 the cattle population in the agricultural enterprises of all kinds made up 4.4 million, up by 1.5%, including 1.5 million…

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Georgia: new infrastructure to be built along BTK railway

New infrastructure will be built along the Akhalkalaki-Kartsakhi section of the Baku-Tbilisi-Kars (BTK) railway, the Azerbaijan Railways CJSC said. Tbilisi hosted a regular meeting of the BTK Coordination Council, according to the message. “During the meeting, Georgia’s first deputy prime minister, Minister of Economy and Sustainable Development Dimitri Kumsishvili told the audience about the economic,…

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Ukraine: payments to consolidated budget in Vinnytsia region up in January-February 2018

Vinnytsia region transferred UAH 1.966 billion to the consolidated budget in January-February, according to the department of information activities and communication with public at Vinnytsia Regional State Administration. “The contribution of Vinnytsia region to the consolidated budget exceeded UAH 1.966 billion in January-February. The general sum of budget payments transferred over this period is UAH…

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Estonia: January 2018 retail turnover down

According to information released by Statistics Estonia, the turnover of retail trade enterprises in January decreased by 1% YoY at constant prices. The decrease in turnover was affected the most by enterprises engaged in the retail sales of automotive fuel. In January the turnover of retail trade enterprises totaled EUR 521.2 million. The decrease in…

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Uzbekistan: winemaking industry developing

Uzbekistan will expand number of grape wine producers, variety wine materials and cognac alcohol in 2019, Uzbek President Shavkat Mirziyoyev ordered in his “On measures for substantial modernization of winemaking industry and realization of alcohol production” decree. According to the document, requirement of determining an expiration date for the wine production will be removed beginning…

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Estonia: network operator signs framework agreements for next four years

Estonian distribution network operator Elektrilevi has entered into framework agreements with suppliers in six regions. The volume of the contracts reaches some EUR 40 million to be spent on extending, maintaining, and repairing Estonia’s electricity distribution network. The framework agreements are the most far-reaching yet, covering a large number of jobs and suppliers and outlining…

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Belarus: MTZ’s export up in 2017

MTZ’s export rose by 26% YoY, to $561 million in 2017, Yuri Pototurko, the acting deputy director general for marketing – marketing director of Minsk Tractor Works (MTZ trademark), said at an international conference of MTZ distribution network entities. MTZ significantly built up exports to a number of countries: Russia, Uzbekistan, Kazakhstan, Azerbaijan, Tajikistan, Kyrgyzstan,…

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Ukraine: EBRD supports strategy for state-owned banks

The European Bank for Reconstruction and Development (EBRD), Ukraine’s largest international investor, supports the Ukrainian government’s updated strategy for reforming the country’s state-owned banks. EBRD’s Country Director for Ukraine Sevki Acuner said that the strategy had been developed in the form of a general debate, which resulted in a very clear-cut strategy with the clear…

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