In January-October the total cargo turnover decline reached 2.1% at Ventspils port in comparison to the same period a year ago. This is the second lowest decline after the anti-record of 2016. In total, nearly 17 million tons of cargoes went through Ventspils port in this period of time, or 31% of the total volume…Details
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Electricity consumption is increasing in Kyrgyzstan, National Electric Network of Kyrgyzstan reported. In November this figure reached 1,673 billion kilowatt-hours. According to the central dispatching department of NENK, in November 2017 electricity consumption was 1,356 billion kilowatt-hours. (24.kg/Business World Magazine)Details
Ukraine’s Infrastructure Minister Volodymyr Omelyan says two seaports in the Ukrainian cities of Mariupol and Berdyansk (the Sea of Azov) are forced to cut their working hours after Russia blocked the passage of vessels through the Kerch Strait connecting the Black and Azov seas. “As we expected, Moscow is now manually handling the access of…Details
The Verkhovna Rada has passed in the first reading a bill that provides for a ban on the commissioning of new houses and public facilities without arranging a barrier-free space. The relevant draft law aims to enhance protection of persons with disabilities and other people with limited mobility in urban planning. Deputy head of the…Details
Luminor notified its clients that as of January 1, 2019 the bank would be closing the accounts of Estonian e-residents. Hannes Oja, head of Anti-Money Laundering at Luminor Estonia, said that based on the Money Laundering and Terrorist Financing Prevention Act, banks were required to update the data of all of their customers. As a…Details
The Ministry of Transport of Kyrgyzstan has determined toll roads fee. Calculations were announced at a round table discussion. Toll for a passenger car, having no more than 8 seats, will be 0.57 soms per kilometer on a paid section. Buses and minibuses with a mass of not more than 5 tons will pay 1.14…Details
The World Bank (WB) is working with Azerbaijan’s Ministry of Ecology and Natural Resources to examine different options of the “green economy” development, Head of the WB Baku Office Naveed Naqvi reported. The bank has also been able to mobilize funds from the Korean Green Growth Trust Fund, to support green economy in Azerbaijan. Naqvi…Details