Competition Council (KP) promises to follow possible competition restrictions that could follow after the change of the management model of Lieapaja special economic zone (Liepaja SEZ), as explained in the letter sent by KP to Liepaja Port Tenants Association. At the beginning of August Liepaja Port Tenants Association “categorically objected” to Transport Ministry’s developed amendments…Details
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About 30.54 billion GEL ($9.92 billion or EUR 8.38 billion) was deposited in Georgian banks in July, up by 6.16% MoM, showed the latest data by the National Bank of Georgia (NBG). In the same time period, Georgian banks lent 34.49 billion GEL ($11.2 billion or EUR 9.47 billion), up by 2.05%. The sum of…Details
Construction firms’ total production fell by 8% YoY in April-June, state agency Statistics Estonia reported. At the same time, the volume of residential buildings completed rose. The figures include construction by Estonian companies abroad, taking the home market alone, construction volume fell by 5%, Statistics Estonia said. The production value for construction enterprises totaled EUR…Details
The decline in Ukraine’s industrial output in July slowed down to 4.2% YoY after sliding by 5.6% in June, the State Statistics Service reported. Taking into account the adjustment for the calendar-day effect, it fell by 4.4%, the stats agency said in its recent report. Compared to the previous month, industrial production in July increased…Details
The Verkhovna Rada, Ukraine’s parliament, has adopted the law “On the Ratification of the Financial Agreement “European Roads Ukraine III (Trans-European Transport Network Development Project) between Ukraine and the European Investment Bank””. A total of 288 MPs voted for a respective decision at an extraordinary parliament meeting on August 25. The adoption of the law…Details
Municipal company AS Daugavpils satiksme has a project application in the works for EUR 10-million co-financing from the EU Cohesion Fund in order to build a new tramway line and reconstruction one of the existing lines, as reported by the city’s municipality. The company has received an invitation from the Central Finance and Contracts Agency…Details
Grid distributor Elering paid out EUR 8 million in renewable energy support and high-efficiency cogeneration support in July to several generators and other companies. Enefit Green, renewable energy subsidiary of state-owned Eesti Energia group, received EUR 440,900 and its subsidiary Enefit Wind got over EUR 1.7 million in renewable energy subsidies over the month of…Details