In 2020, budget revenues of Kyiv city have decreased by UAH 5 billion, according to Kyiv Mayor Vitali Klitschko. “The budget of our city was growing from 2015 to 2019. This year, we have lost about UAH 5 billion, and the budget, as we see, has decreased. UAH 3 billion is the amount of income…
DetailsEstonian transport company Bolt has raised EUR 150 million in its biggest investment round ever. With the support of the investment round, led by D1 Capital Partners with participation also from Darsana Capital Partners, the company plans to develop the security of its services and continue to expand its ride-sharing, food delivery and light-duty electric…
DetailsDeputy Foreign Minister of Ukraine Dmytro Senik has invited Indian business to invest in the Ukrainian economy. Senik said this during the interagency interactive session of the 26th Partnership Summit, organized by the Ministry of Commerce and Industry of India and the Confederation of Indian Industry (CII). The key topics of the summit were the…
DetailsAstarta has finished the 2020 agricultural production season by harvesting sugar beets (almost 1.5 million tons). Considering the negative weather impact on plants throughout the entire year, namely the prolonged drought in the eastern and central regions of Ukraine and spring frosts in the West, yields are predictably lower than last year. Thus, the average…
DetailsEstonia’s economic growth in 2020 will be negative but the outlook is better than initially feared during the emergency situation in the spring, Governor of the Bank of Estonia Madis Muller said on December 16. Muller said: “In Estonia, our lives and economy were less affected by the virus and restrictions than European countries on…
DetailsTwelve new animal vaccines have been developed by the research and production enterprise Antigen, an EBRD advisory client in Kazakhstan. Thanks to a project funded by the Kazakhstan government, the vaccines will be sold abroad. With the help of international advisers, the company was able to conform to the requirements of globally recognised Good Manufacturing…
DetailsTurkmenistan and the US discussed the main vectors of cooperation, in particular, security issues, trade and economic ties and the humanitarian spectrum, the Ministry of Foreign Affairs reported. The parties focused on security issues, as well as reviewed the results of cooperation and outlined its priority areas. Cooperation in the field of border protection and…
DetailsImports of goods to Ukraine in January-November amounted to $48.4 billion, down by 10.8% YoY, or by $5.9 billion, while exports of Ukrainian goods decreased by 3.5%, or by $1.6 billion, to $44.3 billion. According to the State Customs Service, trade turnover reached $92.7 billion, with the balance being negative of $4 billion between exports…
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