Ukraine: EIB mulling issue of EUR 130 million to Ukrenergo for modernization of substations

The European Investment Bank (EIB) is considering the issue of a EUR 130 million to Ukrenergo for modernization of substations, according to the website of the financial institution. The EIB said the project was aimed at improving energy efficiency, reliability of equipment, reducing operating costs. Its implementation will contribute to the integration of Ukraine’s energy…

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Ukraine: seaports shipments up in H1 2017

In January-June the Ukrainian seaports processed 66.3 million tons of cargoes, up by 5% YoY, the State Enterprise Ukrainian Sea Ports Authority (USPA) declared. In particular, the export cargoes transshipment in the Ukrainian seaports reached 50.9 million tons (up by 5.4%), and import cargoes – 9.4 million tons (up by 17.6%). Traditionally, the transshipment of…

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Latvia: beef industry not sufficiently developed

Farmers Saeima believes Latvia’s beef industry is not sufficiently developed, and existing farms have not been sufficiently stabilized – many farms have major debt. Because of that any kind of support for the industry is welcome. Considering the recently voiced information about the possible reduction of voluntary support for livestock in 2017, the Farmers Saeima…

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Belarus: rail freight up in H1 2017

Belarus’ rail freight volume for the first half of 2017 increased to 68.442 million tons, by 14.9% YoY, Belarusian Railways reported. Rail freight for export reached 25.97 million tons, up by 7.5% YoY. Transit traffic volume amounted to 19.272 million tons, which makes up for a 24.5% increase. In January-June Belarusian Railways secured the loading…

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