DTEK Energo has increased investments in the development and upgrade of its thermal power plants and mines. Over eight months of 2017, the company invested UAH 3.6 billion in its enterprises, up by 80% YoY. Investments in DTEK Pavlogradvuhillia and DTEK Dobropilliavuhillia made UAH 2.9 billion in the past eight months, up by 80%. This…
DetailsUkraine’s GDP growth this year is projected at 1.8%, while by 2020 this figure could reach 4%, President Petro Poroshenko stated in the Verkhovna Rada in his annual address on the internal and external situation of the country. “According to the results of this year, GDP growth is projected at 1.8%. We expect economic growth…
DetailsTurkmenistan’s President Gurbanguly Berdimuhamedov has met with the President of Council of the International Civil Aviation Organization (ICAO) Olumuyiwa Benard Aliu. During the meeting, the sides exchanged views on the prospects of cooperation as part of Turkmenistan’s national civil aviation development program for 2012-2030, being implemented in the country. Under this program, new air harbors…
DetailsAccording to information released by Statistics Estonia on September 7, the consumer price index in August increased by 0.4% compared to July and by 3.9% compared to August 2016. Compared to August of last year, goods were 3.8% and services 4.1% more expensive. Regulated prices of goods and services also rose by 7.2% and non-regulated…
DetailsThe railway electrification project in development by LDz is potentially lethal for Latvia’s national economy, says former head of Corruption Prevention and Combating Bureau’s Operative Investigations Office Juris Jurass, adding that it may be one of the biggest crimes currently being planned in the country. Jurass asked Aivars Lembergs if talks similar to those that…
DetailsProcurement prices of pork in live weight grew by 3% on a weekly basis, according to the Association of Ukrainian Pig Breeders. Since the beginning of current month, they have grown by UAH 1-2 per kg, to UAH 48.5-51 per kg, it said. Amid the growth, some meat-processing plants were forced to reduce purchases or…
DetailsThe international ratings agency Fitch Agency has downgraded Azerbaijani AccessBank’s Long-Term Issuer Default Rating (IDR) to “BB-” from “BB+”, says the agency’s report. At the same time, the agency has affirmed the bank’s Viability Rating (VR) at “f”. According to Fitch experts, the bank’s shareholders provided $20 million of equity in March and were committed…
DetailsUkraine’s state-owned Ukroboronprom concern is presenting the defense military complex products at the 25th international arms exhibition MSPO 2017, taking place in Kielce, Poland, from September 5 through September 8. According to Ukroboronprom, Ukraine at the expo showcases high-precision weapons, including anti-tank missile systems supplied to Ukraine’s army and available for exports. In addition, the…
DetailsSince the beginning of 2017-2018 MY, and as of September 1, Ukraine exported over 7.07 million tons of grains, the State Service of Ukraine for Food Safety and Consumer Protection (SSUFSCP) declared. In particular, the export volumes of Ukrainian wheat totaled 3.7 million tons, barley – over 2 million tons, and corn – 1.1 million…
DetailsPresident of Uzbekistan Shavkat Mirziyoyev spoke about economic opportunities in the relations between the two countries at a meeting with the Prime Minister of Kyrgyzstan Sapar Isakov. He said that Uzbekistan was ready to assemble cars in the Kyrgyz Republic and import its fabrics. Shavkat Mirziyoyev recalled that in the near future the parties planned…
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