Ukraine: sugar confectionery production down in January-April 2018

In January-April Ukrainian sugar confectionery production totaled 22 thousand tons, down by 3.1% YoY, the State Statistics Service of Ukraine reported.

According to the data, in April 5.5 thousand tons of sugar confectionery products were produced, down by 10.8% MoM and by 2.3% YoY. (UkrAgroConsult/Business World Magazine)

Estonia: construction volume up in Q1 2018

According to information released by Statistics Estonia, in the first quarter of 2018 the combined production of Estonian construction enterprises in Estonia and foreign countries increased by 21% YoY, while construction on the domestic market alone increased by 29%. In the first quarter the production value of construction enterprises amounted to EUR 559 million, of…


Kyrgyzstan: Prime Minister instructs to hasten construction of Bishkek-Kara-Balta road

The Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziev got acquainted with the construction of the section of Bishkek-Kara-Balta road in Sokuluk district of Chui region, the Information Support Department of the Government reported. “The road is one of the busiest in the republic. Taking this fact into account, its construction should be hastened. If necessary, the…


Estonia: local bank account for e-residents starting business not to be required

Estonia’s Ministry of Justice has introduced a bill to amend the Commercial Code to resolve an issue that has in practice inhibited foreign investors from investing in Estonian private limited companies. Currently, e-residents have either founded or are shareholders in approximately 5,600 businesses registered in Estonia. So few e-residents have registered new businesses thus far…


Ukraine: parliamentary committee supports bills on trade protection

The parliamentary committee on industrial policy and entrepreneurship has supported some governmental bills in the sphere of trade protection, the Economic Development and Trade Ministry reports. “On May 23 the Verkhovna Rada committee on industrial policy and entrepreneurship supported a number of draft laws on trade protection approved by the government in February 2010. The…


Belarus: trade with Israel up in 2017

In 2017 the Belarus-Israel trade rose by more than 50%, the Belarusian Embassy in Israel reported. On May 21-22 an official delegation headed by Belarus Deputy Prime Minister Mikhail Rusy visited Israel for the 6th meeting of the joint Belarusian-Israeli committee on trade and economic cooperation. “During the meeting the parties reviewed the economic cooperation…


Kazakhstan: defense industry development one of priorities

“Today’s situation in the world forces all to strengthen the country’s defense capability,” Kazakh President Nursultan Nazarbayev said opening the V International Exhibition Weapons Systems and Military Equipment KADEX-2018 in Astana. “Our country pursues peaceful policy aimed at strengthening good-neighborly relations with near and far-abroad countries. However, today’s situation in the world forces all to…


Belarus: Bykhov Vegetable Canning Factory launches export to Tajikistan

Bykhov Vegetable Canning Factory sent the first batch of canned products to Tajikistan, the factory’s turnaround manager Alexander Morozov reported. “The arrangement to deliver our products to Tajikistan was reached during the Belarus National Expo in Dushanbe. We responded promptly to the requests of our partners and sent a consignment of canned green peas, corn…


Ukraine: railway line from Kyiv to Boryspil Airport to be constructed by December 2018

The railway line connecting Kyiv’s central train station with Boryspil Airport will have been constructed by December 1, Acting Board Chairman of PJSC Ukrzaliznytsia Yevhen Kravtsov stated at a meeting with Prime Minister Volodymyr Groysman, the government’s press service reports. “The object will be commissioned by December 1. The construction has been launched. We’re negotiating…