Belarus aims to produce 6 tons in the average milk output per cow by 2020, Belarus’ Agriculture and Food Minister Leonid Zayats said during the session of the ministry on February 5. “Relying on science, building on the national and world experience, the dairy industry will take another development turn and dramatically improve its productivity…
DetailsLaying work of new station tracks started at the Eybat cargo train station in Qaradag district of Baku, said the message of the public-relations department of Azerbaijan Railways on February 5. A surge of cargo turnover is expected after the completion of large-scale projects carried out on the railways of the country, the message notes.…
DetailsVilnius Airport is launching a four-year, 60-million-euro major renovation of its passenger terminal to improve passenger service and increase the terminal’s capacity. “The terminal was designed to serve around 3.5 million passengers annually. This figure has already increased to 3.8 million over the past few years. This is why the decision was made to launch…
DetailsAverage wholesale market price of electricity on the wholesale market of Ukraine in 2017 grew by 2.9% or by UAH 209.95 per MWh compared with 2016, from UAH 1,315.03 to UAH 1,353.27 per MWh. According to the state-owned enterprise Energomarket, the average wholesale market price grew due to a rise in the average selling price…
DetailsInternational Monetary Fund (IMF) Resident Representative in Ukraine Goesta Ljungman says the IMF estimates the growth of Ukraine’s economy in 2017 at 2% and forecasts an increase by 3-3.5% in 2018. Ljungman said that there was a definite resumption of economic growth. “Last year it was 2%. In 2018 it will increase by about 3-3.5%,”…
DetailsThe 2019 state budget will not have free fiscal space, said chairman of Fiscal Discipline Council (FDC) Janis Platais. He mentioned that everything that was possible to promise had been promised. Because of that, the budget has no free funds. “If plans come up to increase funding somewhere, it will be necessary to reduce it…
DetailsBelarus and Armenia have a big potential to increase mutual trade, Belarus’ Prime Minister Andrei Kobyakov said at a one-on-one meeting with his Armenian counterpart Karen Karapetyan. According to Karen Karapetyan, last year the two countries increased trade by 20%. However, the two states can do much more. “There are more opportunities for trade growth.…
DetailsThe distribution networks of Severelectro OJSC in Bishkek operate in regular mode, the press service of the company reported. Electricity supply, which since January 26 has been carried out with interruptions due to breakdown at the heating and power station, has been stabilized. “The requests received by the Eastern and Western RES of Severelectro were…
DetailsThe sales of new cars in Ukraine in January increased by 40.6% YoY, to 6,620 units, which was a new post-crisis record for this month, according to AUTO-Consulting. According to analysts, such a rapid increase in sales was due to the exchange rate “fever”, which forced consumers to make faster decisions about the purchase of…
DetailsThe public joint-stock company Centrenergo cut electricity generation by 36.2% in 2017, to 6.285 billion kWh. According to data from the Energy and Coal Industry Ministry of Ukraine, generation by Vuhlehirsk thermal power plant (TPP) was 4.134 billion kWh (down by 15.3% YoY), Zmiyivska TPP – 1.322 billion kWh (-42%) and Trypillia TPP – 829.29…
DetailsBrandy production in Armenia grew by 39.4% YoY in 2017, the National Statistical Service reveals. 30 million tons of brandy were produced in the reporting period against the 21.5 million tons made in 2016. Volumes of wine, champagne and beer production grew in 2017 by 30%, 10% and 21% respectively. Vodka production, meanwhile, declined by…
DetailsFood production in Uzbekistan decreased by 6.7 % in 2017 and amounted to 23.1 trillion soums in value terms, the Uzbek Food Industry Holding reported. The food industry’s share in the total industrial production decreased from 20% in 2016 to 16% last year, the company said. At the same time, growth was observed in many…
DetailsBelarusian-Swiss train factory Stadler Minsk will roll out the first train for the Minsk metro in Q3-Q4, Deputy Operations Director at the state-run enterprise Minsk Metro Andrei Mikhailovsky declared. The four-car train will have two control cars (one at each end of the unit). It will be operated on line 2 at first and then…
DetailsThe total amount of state and state-guaranteed debt in hryvnias as of December 31, 2017 has grown by UAH 2.142, to UAH 2.142 trillion, according to the Ministry of Finance of Ukraine. This is an 11% growth compared to the amount recorded in the previous reporting period. The state and state-guaranteed debt in the dollar…
DetailsThe private joint-stock company Zaporizhtransformator (ZTR) has signed three contracts to supply six transformers to committed partners in Georgia, ZTR has reported on its website. The contracts, the cost of which is not disclosed, envisage the delivery of two 40 MVA/110 kV transformers for the Vartsikhe cascade of hydroelectric power plants and two similar transformers…
DetailsThe serial production of Belarusian-Chinese 25-ton mobile cranes ZMC-25 has been started in Mogilev. The first special vehicles have already been sold to Russia, Zoomlion-MAZ Director Yuri Pivovarov declared. The Belarusian-Chinese joint venture was busy developing and certifying new models throughout last year. The mobile crane ZMC-25 was assembled in Mogilev as a prototype model…
DetailsConstruction of the archives facility in Bishkek requires 100 million soms, Director of the State Archives Orunbai Akhmedov announced at the board meeting of the State Registration Service on January 31. He noted that in the neighboring Kazakhstan, in Almaty, the city archives facility was located in a nine-story building. SRS Chairman Dastan Dogoev noted…
DetailsUzbekistan’s Agrobank will create an association of lemon producers in the Qashqadaryo region, the Ministry of Agriculture and Water Resources said in a message. Such a decision was voiced during the working visit of Uzbek President Shavkat Mirziyoyev to the region. In the region Mirziyoyev familiarized himself with an innovative project by Akbar Saidov, graduate…
DetailsThe state-run enterprise Ukrkhimtransammiak saw an 80% fall in net profit in January-September 2017, to UAH 108.771 million, the Economic Development and Trade Ministry has reported on its website. Net sales revenue decreased by 49.7%, to UAH 854.895 million, while gross profit fell by 75.6%, to UAH 188.824 million. As reported, in 2016 Ukrkhimtransammiak saw…
DetailsThe Antimonopoly Committee of Ukraine (AMC) estimates the share of PJSC Myronivsky Hliboproduct of the poultry market at 38%, and that of Agromars Complex LLC at 12%, the press service of the agency has reported. “During the period from 2015 to 2017, more than 100 business entities were engaged in production of chicken meat. According…
DetailsAccording to information released by Statistics Estonia on January 30, the turnover of retail trade businesses in December 2017 increased by 1% YoY at constant prices, totaling EUR 654.5 million. The turnover of stores selling manufactured goods increased by 7% compared to December 2016. Turnover increased in most economic activities, except for in non-specialized stores…
DetailsThe State Mortgage Company plans construction of economy class housing, Chairman of the Board of the State Mortgage Company Baktybek Shamkeev reported. According to him, this work began in Naryn in September 2017. “By the end of 2018 we plan to have completed the construction of a 60-apartment residential building and launched a lease mechanism…
DetailsChina’s Gezhouba Group Cement Co., Ltd. plans to commission a cement plant in Kazakhstan’s Kyzylorda region in December, said the company’s head, Lee Min, on the sidelines of a meeting with the region’s head, Krymbek Kusherbaev. The parties discussed the construction of the cement plant in Shieli, Kyzylorda region, by the Chinese company, as well…
DetailsThe total amount of wage arrears in Ukraine in 2017 increased by 32.2%, while in December 2017 they fell by 8.3% and as of January 1, 2018 amounted to UAH 2.368 billion, the State Statistics Service has said. According to its data, in December 2017 wage arrears at economically active enterprises decreased by 12.7% and…
DetailsIn the current season Ukraine harvested more than 1 million tons of peas, and its export would reach the level of 500-600 thousand tons, which would become a record, the Ukrainian electronic grain exchange GrainTrade reported. During 5 months of the season-2017-2018 the exports of Ukrainian peas increased by 77% YoY, to 475.1 thousand tons,…
DetailsMogilev Meat-Packing Plant has sent the first batch of beef to China, the company’s director Vladimir Latygovsky declared. “The first batch of frozen meat was shipped to China on January 27. The meat was carved and packed in line with the Chinese requirements. The products are expected to hit the Chinese store shelves at the…
DetailsThe GDP growth in Turkmenistan amounted to 6.5% in 2017. This was stated at the enlarged meeting of the Cabinet of Ministers. This figure in the industrial sector amounted to 5.5%, construction – 1.3%, transport and communications complex – 11.1%, trade – 9.4%, agriculture – 5%, and services – 9%. In comparison with the same…
DetailsThe Tajik State Service of Veterinary Control has banned imports of non-Halal meat products. From now on, only accredited foreign suppliers will be able to import meat products to Tajikistan. Before issuing such accreditation, Tajik experts will personally visit facilities abroad and check the quality and safety of the products. In addition, the products must…
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