Estonia: preparations for building Riisipere-Turba railway begun

The supervisory board of Estonian Railways (EVR) authorized the company’s management board to begin the activities necessary for the construction of the Riisipere-Turba section of the future Haapsalu rail link. The company must draw up and coordinate the project’s terms of reference and draft project, carry out an environmental impact assessment and construction engineering study…

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Latvia disagrees with proposal to reduce cod and herring fishing volumes in the Gulf of Riga

Minister Janis Duklavs met with NGOs at Agriculture Ministry’s Fishing Advisory Council meeting and discussed with them European Commission’s proposal for fishing opportunities in the Baltic Sea in 2018. EC’s proposal for fishing opportunities would affect Latvia the most negatively in relation to eastern cod (project suggests a 28% reduction) and herring (7%). There is…

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Ukraine: Ukrzaliznytsia to see over UAH 11 billion of loss from passenger transportation in 2017

The public joint-stock company Ukrzaliznytsia could see over UAH 11 billion of loss from passenger transportation by rail in 2017, Ukrzaliznytsia Chief Financial Officer Andriy Riazantsev said at the presentation of the company’s development strategy. “It is likely that this year we would pass the UAH 11 billion threshold of loss from passenger transportation. These…

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Kyrgyzstan: state debt growing

Since the beginning of the year, Kyrgyzstan’s state debt has grown by $221.26 million, the Ministry of Finance reported. As of July 31 the state debt amounted to $4,286 billion, or 294,238 billion soms. At least $3,897.27 billion of the sum is external debt, and $388.80 million – internal debt. Only for a month, the…

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Ukraine: honey factory opens in Cherkasy region

First Vice Prime Minister, Economic Development and Trade Minister of Ukraine Stepan Kubiv has attended the official opening of the Ukrainian-Austrian Beehive honey factory in the village of Cherniavka in Cherkasy region. “A new honey production factory Beehive.ukraine opens here. This is a joint Ukrainian-Austrian project with an investment of about EUR 10 million. A…

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