In his new State-of-the-Nation Address Head of State Nursultan Nazarbayev revealed what the future held for national transport and logistics infrastructure. President Nazarbayev is convinced that Kazakhstan needs to introduce digital technologies in a big way. For instance, in the address entitled “New Opportunities for Development Amidst the Fourth Industrial Revolution” President Nazarbayev suggests using…Details
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The growth of consumer prices in Ukraine in 2017 accelerated to 13.7% compared with 12.4% in 2016, which, however, is significantly lower than in the past years: it was 43.3% in 2015 and 24.9% in 2014, the State Statistics Service of Ukraine reported. In December 2017 alone inflation was 1% against 0.9% in November and…Details
The cheapest bread in Ukraine in 2017 grew in price by UAH 2.4, or by 22%. In 2018 social bread prices are expected to continue rising, according to Director of the Ukrainian Association of Trade Networks Suppliers Oleksiy Doroshenko. “In 2017 the price of social black and white bread grew by UAH 2.4. Henceforth, the…Details
In 2017 the Freeport of Riga handled 33,674,700 tons of cargo, down by 9% YoY. According to the port authority, coal transshipment fell by 11.4%, to 11.776 million tons, transshipment of oil products totaled 5.64 million tons (-30.3%), wood pellets – 646,000 tons (+16.5%) and ore – 514,000 tons (+26.5%). The port’s container throughput grew…Details
A new complex of high rises is planned for the plot opposite the Olumpia hotel in Tallinn’s city center. Architect Martin Aunin’s winning project will soon be in the works for detailed planning and permits, with the beginning of construction set for the year 2020. The complex will include three office buildings with one high…Details
Tajikistan is interested in supplying cargoes to international markets through the Caspian Sea, Tajik ambassador to Azerbaijan Soli Rustam said. Soli Rustam made the remarks at a meeting with Chairman of the Azerbaijan Caspian Shipping CJSC Rauf Valiyev in Baku, the Azerbaijan Caspian Shipping CJSC said in a message. The ambassador also reviewed the company’s…Details
In Ukraine, with a 10-year warranty, almost 200 kilometers of the Odessa-Reni route were repaired, and the rest will be put into operation in 2018. Infrastructure Minister Volodymyr Omelyan wrote this on his Facebook page. (Ukrinform/Business World Magazine)Details