As the crisis deepens, the Estonian government plans on coming to the rescue of the economy and the construction sector by launching major projects for which procurements could be announced right away, Prime Minister Juri Ratas (Center) has said. “I believe that toward the end of the year, the situation in the construction sector may…
DetailsUzbek company UzAuto Motors starts selling its cars under Chevrolet brand in Belarus. The first models under the Chevrolet brand, which were presented on the automobile market of the Belarus, were Spark, Nexia and Cobalt. “The first batch of cars was delivered to the auto center Multimotors, the official dealer of premium cars brand Chevrolet,…
DetailsThe directors of departments of the economy ministries of Ukraine and Poland, Oleksiy Rozhkov and Jan Pawelec, discussed the dynamics of bilateral economic cooperation in the first quarter during a videoconference, Ukraine’s Embassy in Poland reported on Facebook. “The directors of departments of the economy ministries of Ukraine and Poland, Oleksiy Rozhkov and Jan Pawelec,…
DetailsUkraine’s Social Policy Ministry predicts poverty in Ukraine will have grown to 45% by late 2020, up by 6.5% YoY. According to M.V. Ptukha Institute for Demography and Social Studies of the National Academy of Sciences of Ukraine, poverty in 2019 was 38.5%, down by 4.7%. “Thus, media reports about a “sharp increase in poverty…
DetailsUS company Cerberus Frontier will construct a small hydropower plant, Bakhvi 1, in the Guria region of Georgia, Economy Minister Natia Turnava has announced. “This will be the US company’s fifth project in Georgia”, said Turnava and added that a government meeting discussed and approved the construction of Bakhvi 1 hydropower plant in Guria. The…
DetailsThe Lithuanian government has greenlit relaunching regular flights to Norway, making Oslo the fourth destination to be accessible by air from Vilnius. Regular flights have so far been allowed to Frankfurt, Riga and Tallinn. Foreign Minister Linas Linkevicius told the Cabinet that flights from Vilnius to Oslo would resume from May 25, adding that AirBaltic…
DetailsThe Cabinet of Ministers has approved the annual report of JSC CB PrivatBank for 2019, according to Prime Minister Denys Shmyhal. “We have approved the annual report of PrivatBank for 2019: 75% of net profit totaling UAH 24.4 billion. Another 5% of the bank’s net profit totaling UAH 1.6 billion will be sent to the…
DetailsUkrainian Infrastructure Minister Vladyslav Kryklii says the Cabinet of Ministers, Ukraine’s government, has decided to relaunch the subways on May 25. “The transport system in Ukraine will become gradually operational from May 22. Regular and chartered passenger transportation by road on urban, commuter, regional and international routes will be resumed from May 22; passenger transportation…
DetailsHotel Qvevrebi, which is being built in Telavi in east Georgia, will welcome tourists in Qvevri-formed rooms next year. Qvevri is a traditional large earthenware egg-shaped vessel, which is used to ferment Georgian wine below ground or set into the floors of large wine cellars. The building of the hotel is being carried out under…
DetailsWith permission from Transport Ministry, airBaltic will resume flights from Riga to Helsinki and Munich on May 25. From June 1 onwards, however, the airline will resume flights from Riga to Berlin, as reported by airBaltic representatives. airBaltic CEO Martin Gauss says the company is returning with a singular goal in mind – preserving positions…
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