The total production of industrial enterprises increased by 9% YoY in September, state agency Statistics Estonia said. Production increased by 20% in energy production and by 8% in manufacturing, but decreased by 2% in mining. Statistics Estonia analyst Helle Bunder said that the production volumes in manufacturing in September were similar to the previous month.…Details
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Deputy Chairman of the Cabinet of Ministers of Kyrgyzstan – Chairman of the State Committee for National Security Kamchybek Tashiev met with the head of Rosoboronexport JSC Alexander Mikheev in Bishkek. The parties discussed the development of military-technical cooperation between Kyrgyzstan and Russia. Kamchybek Tashiev agreed on the purchase a Mi-17V-5 helicopter from Rosoboronexport, as…Details
Uzbekistan’s State Assets Management Agency (SAMA) said it was conducting preparations for the privatization of the Ferganaazot, one of the country’s largest producers of mineral fertilizers. The plant produces ammonia, urea, ammonium nitrate, CAS, as well as a number of other chemical products. The government plans to sell 99,02% of its share in the enterprise.…Details
President of Ukraine Volodymyr Zelensky and President of the Republic of Moldova Maya Sandu have discussed issue of energy security. According to the President’s Office, on October 30, the leaders discussed possible areas of further bilateral cooperation in order to prevent the energy crises. Sandu thanked Zelensky for the timely and urgent assistance amid the…Details
The National Bank of Ukraine (NBU) projects that inflation will slow to 9.6% at the end of 2021 and then will gradually return to the 5% target in 2022. “Having peaked in September-October, inflation will begin to decelerate to reach 9.6% at the end of 2021. In 2022, it will decline to its 5% target…Details
Georgia has historically focused on hydropower, USAID is supporting diversification into wind and solar, renewable sources which are expected to be less vulnerable to climate change, the USAID mission in Tbilisi says. USAID is prioritizing Georgia’s energy sector for several reasons. “First, a stronger, more diversified energy sector helps Georgia build resilience against malign influence.…Details
Lithuania’s gross domestic product (GDP) grew by 5.2% YoY in January-September, slightly exceeding earlier expectations of the country’s central bank. According to data released by Statistics Lithuania, the country’s economic activity over the first three quarters of 2021 totaled 40.5 billion euros, up by 5.2%. The economy got a positive boost from industrial production, wholesale…Details