Estonia: startups turnover up in Q1 2020

Despite the global coronavirus crisis, Estonian startups generated EUR 364.5 million in turnover in the first six months of 2020, up by 40% YoY, Startup Estonia reported. Among Estonian startups, the biggest turnovers were generated in the six-month period by Bolt (EUR 132.7 million), Pipedrive (EUR 30.6 million), Adcash (EUR 16.5 million), Starship Technologies (EUR…

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Kyrgyzstan: GDP to fall in 2020 due to COVID-19 pandemic

GDP of the Kyrgyz Republic will fall by 10% in 2020 due to the coronavirus pandemic. The joint socioeconomic assessment “COVID-19 in the Kyrgyz Republic: Socioeconomic and Vulnerability Impact Assessment and Policy Response”, prepared by the Asian Development Bank, the United Nations Development Programme and the Economic Policy Research Institute in the Kyrgyz Republic’s Ministry…

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Ukraine: Ukrzaliznytsia to increase throughput of Odesa-Port station

The Ukrainian Railways Company (Ukrzaliznytsia) will develop intermodal rail shipments inside Ukraine and then in East European and Baltic countries. Within the framework of the project, it is projected to increase the throughput of the railway station Odesa-Port and develop railway infrastructure of the Odesa seaport. A respective memorandum has been signed by Ukrzaliznytsia, Germany’s…

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