The construction of the MAZ-Weichai engine factory has begun in the China-Belarus industrial park Great Stone. The joint venture established by the Belarusian automobile engineering company and the Chinese corporation Weichai is supposed to start making engines by the end of 2018. The groundbreaking ceremony took place in September 2017. Preparatory work – the development…Details
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Dominique Ristori, the Director General of the Directorate-General for Energy within the European Commission, has expressed its support for Ukraine’s stance on construction of Russian gas pipeline Nord Stream 2. Ristori said this during a briefing upon the meeting with Energy and Coal Industry Minister of Ukraine Ihor Nasalyk, the government portal reports. “Ristori has…Details
Ukraine’s large and medium-sized plants produced 8.7 thousand tons of mayonnaise in February, up by 3% MoM (8.5 thousand tons) and by 5% YoY (8.3 thousand tons). Mayonnaise output in January-February grew by 7% YoY, to 17.2 thousand tons. Mayonnaise production has been staying stable at 124-126 thousand tons since three years ago. That is…Details
There is not enough time left to perform dredging in Rukki Channel, located off the coast of Western Estonia’s Laane County on the sea lane between the mainland and the island of Hiiumaa before summer, the Estonian Maritime Administration announced. Estonian Maritime Administration Director General Rene Arikas said that even if the Ministry of the…Details
Belarus’ gold and foreign exchange reserves totaled $6.99 billion as of April 1, the Information and PR Department of the National Bank of the Republic of Belarus (NBRB) reported. According to the preliminary data, Belarus’ gold and foreign exchange reserves totaled $6.994 billion (in equivalent) as of April 1. In March the country’s gold and…Details
Hungarian low-cost airline Wizz Air is launching a new direct flight that will connect Georgia to Romania. Starting from July 3 Wizz Air will launch flights between Georgia’s western city of Kutaisi and Romania’s capital of Bucharest, the airline company announced. Flights will be performed three times in a week – on Tuesdays, Thursdays and…Details
Ukrainian President Petro Poroshenko says local budgets within the decentralization reform accounted for more than 50% of the country’s consolidated budget. “For the first time in the history of Ukraine, if we take transfers to local budgets, more than 50% of the consolidated budget is local budgets,” he said at a meeting on decentralization in…Details