The Ukrainian city of Zhytomyr will receive a grant worth EUR 2 million from the EBRD for the construction of new trolleybus lines, Zhytomyr Mayor Serhiy Sukhomlyn has stated. In June Zhytomyr authorities and the EBRD signed a loan agreement to acquire 49 new trolleybuses. The first trolleybuses will arrive in the city at the…Details
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A 15% lower excise duty rate on strong liquor is to enter into effect in Latvia on August 1. The reduced excise duty rate will apply through February 29, 2020. The reduced rate will not apply to beer, wine or other alcoholic beverages containing up to 22% pure alcohol. On July 8 the Saeima passed…Details
The Entrepreneurship Development Fund under the Azerbaijani Ministry of Economy and the Turkish Small and Medium Enterprises Development Organization have signed a memorandum on cooperation and exchange of experience in the field of entrepreneurship. The document was signed at the conference entitled “Concessional financial state support in the development of innovative entrepreneurship” held in Baku.…Details
Preparations for a new banana harvesting season are underway in the Sakarchage district of the Mary region of Turkmenistan. The local company “Ferhar” plans to receive dozens of tons of exotic fruit this year. Thus, the experiment on growing bananas of dwarf varieties most suitable for the arid climate of Turkmenistan continues. The experience of…Details
The Ministry of Agrarian Policy and Food of Ukraine invites Ukrainian producers to participate in Health Ingredients Japan. On October 2-4 Tokyo (Japan) will host the largest International Exhibition on Ingredients for Health, Functional and Organic Food HI Japan. The participation of companies in the exhibition will be supported by the Ukraine Horticulture Business Development…Details
The average nominal wage of a full-time employee in Ukraine in June increased by 18% YoY, to UAH 10,783 ($428), the State Statistics Service reported. The average nominal wage in June increased by 5.3% against May. The real wage index in June compared with May was 105.8%, and 108.1% YoY. The State Statistics Service noted…Details
Pasazieru vilciens (PV) and Skoda Vagonka (Skoda) have signed a contract for the supply of 32 new electric trains. The contract states that all trains have to be supplied before the end of 2023. Company representatives say that the supply of new trains will be performed gradually – the first trains will be supplied in…Details