Turkey ($1.28 billion), Russia ($1.01 billion) and China ($941.3 million) were Georgia’s top trading partners in total external trade turnover in January-August, preliminary data from the National Statistics Office of Georgia showed. In the reporting period Georgia’s top trading partners by exports were China ($421.8 million), Russia ($377.1 million) and Azerbaijan ($347 million), while top…Details
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The producer price index of industrial output in August increased by 1.7% MoM and by 15.5% YoY, the state agency Statistics Estonia reported. Statistics Estonia leading analyst Eveli Sokman said that the index was affected by price increases in the manufacture of wood and wood products, in electricity production and in the manufacture of metal…Details
In the first half of the current year, foreign direct investment in Ukraine increased by $2.7 billion compared to the same period last year, according to Prime Minister of Ukraine Denys Shmyhal. “According to the law on “investment nannies”, UkraineInvest has already received applications worth almost $2 billion. Agricultural processing – nine projects worth $534…Details
The Ukrainian government is planning to draw up a three-year action plan to reduce the shadow economy in the country to 25%, Minister of Economy Oleksii Liubchenko has said at the first meeting of the interdepartmental working group on de-shadowing of Ukraine’s economy. “Ukraine’s economic security strategy for the period up to 2025, put into…Details
The popularity of e-commerce has grown in Estonia with 62% of the population aged 16-74 making online purchases in the previous year. Among enterprises, the use of enterprise resource planning and customer relationship management software continues to increase as companies are trying out AI technologies, state agency Statistics Estonia reports. The number of e-commerce users…Details
Some Lithuanian companies working with China say that their Chinese partners are not renewing or concluding new contracts amid worsening relations between Vilnius and Beijing, the Lithuanian Foreign Ministry has said. A survey of Lithuanian companies has shown that high-tech, agricultural and food processing, timber, textile and logistics companies have ties with China, according to…Details
Profit of enterprises of the republic decreased 2.3-fold YoY in 2020, the National Statistical Committee of Kyrgyzstan reported. Activities of enterprises in the past year were characterized by an increase in the number of operating companies, positive growth rates of gross income, a positive balanced financial result (profit) at the end of the year and…Details