Lviv plans a UAH440 million bond issue (to be issued in two tranches in 2018), Fitch Ratings said in a press release on January 15. “For 2018 Lviv’s direct debt may increase to UAH 440 million, or a still 4.7% below current revenue (from less than 0.1% in 2014-2017), if the city is successful in…Details
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The number of green energy contracts concluded by customers with the state-owned Estonian energy group Eesti Energia tripled during 2017, hitting 10,045 by year-end. Households with a green energy contract consume energy generated 100% from renewable sources, Eesti Energia says. “By buying green energy, our clients are influencing the development of electricity production, with a…Details
The National Company KazMunayGas JSC and China National Petroleum Corporation held bilateral negotiations in the furtherance of the agreement signed earlier by the heads of the two states, the press service of the national company reported. During the meeting, the sides agreed on the future increase in the Kazakh gas exports to China, up to…Details
The National Bank of Kyrgyzstan conducted the first intervention this year to sell dollars. The bank sold $5.4 million with settlements on the date of the transaction. Growth in dollar exchange rate forced the National Bank to enter the currency market. Since the beginning of the year, the currency has risen in price by 50…Details
The Ukrainian delegation led by Chairman of the State Agency on Energy Efficiency and Energy Saving of Ukraine Serhiy Savchuk participated in the Legislators Forum in Abu Dhabi, UAE, on the eve of the opening of the eighth session of the IRENA Assembly. “More than 60 parliamentarians from 30 countries, including Ukraine, discussed effective legislative…Details
The National Bank of Ukraine (NBU) in 2017 bought nearly $2.3 billion on the interbank forex market, according to the NBU website. At the same time, the regulator purchased over $1 billion through interventions in the form of a request for the best forex rate, the report said. Over the period under review, the National…Details
At the end of 2017 a running test of the icebreaker Varma, owned by the Port of Riga was performed. Based on test results as well as information provided by the Freeport of Riga services, the Freeport of Riga Captain Arturs Brokovskis is convinced that the Port of Riga is ready for winter and ice…Details