Uzbekistan: GMU suspending car production

GM Uzbekistan has announced about suspension of car production due to maintenance work. The car manufacturer GM Uzbekistan located in Asaka, suspends production from August 22 till September 10 due to the planned maintenance work, said the company’s press service. It is planned to carry out preventive inspection and maintenance of main and auxiliary processing…

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Ukraine: retail trade up in January-July 2017

Retail trade in Ukraine grew by 8% YoY in January-July, according to the Ukrainian State Statistics Service’s website. Retail turnover increased the most in Zakarpattia, Vinnytsia, Odessa, Sumy, Mykolaiv, Cherkasy, and Lviv regions – by 21%, 17.7%, 12.8%, 10.8%, 10.6%, 9.5% and 9.5%, respectively. Retail trade in July alone rose by 6.7% against June, while…

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Latvia: electricity price difference with neighboring countries reduced

In recent years, Latvia has managed to reduce the electricity price difference with other Baltic neighboring countries, as reported by Enefit Chairman Janis Bethers. “Although Latvian households still pay the most for electricity, these expenses will continue declining. The price difference with Estonia, which historically has the lowest wholesale prices, has declined nearly 2-fold,” says…

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