Placing floating solar panels in dams of hydroelectric plants Lithuanian Business Support Agency sees potential in the innovation and has granted 235,000 euros for the project at the Kruonis hydroelectric plant. The first stage of the project is scheduled to be completed by the end of 2021. State-owned enterprise Lietuvos Energijos Gamyba will be developing…Details
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Georgia will start producing electric cars that will appear on local as well as EU markets starting in 2020, announced the Prime Minister of Georgia Mamuka Bakhtadze. One of the world’s largest electric car manufacturers, the Changan Corporation, will construct a production factory in the western Georgian city of Kutaisi. “Production capacity of the plant…Details
According to the information released by Statistics Estonia on April 9, Estonian exports of goods increased by 4% and imports by 5% YoY in February, with exports being boosted by wood, articles of wood and prefabricated wood buildings. In February, exports from Estonia amounted to EUR 1.16 billion and imports to EUR 1.26 billion at…Details
In the first quarter of 2019 Ukraine International Airlines carried more than 1.5 million passengers, up by 8% YoY. During this period, UIA operated 13,600 flights with the load factor of 75%, which corresponded to the figures of 2018. At the same time, the punctuality rate of UIA during the first quarter increased and reached…Details
Ukraine’s State Fiscal Service (SFS) reimbursed UAH 45.4 billion worth of value added tax (VAT) in January-March, the SFS press service reported. “Compared to the relevant period of last year, the amount of compensation grew by 34.8%, or by UAH 11.7 billion. UAH 38 billion worth of VAT was returned to taxpayers in January-March 2018,”…Details
The total volume of cargo transportation via Georgia’s Batumi port to Azerbaijan amounted to 85,738 tons in January-March, Batumi Sea Port Ltd. reported. “Of this volume, 62,691 tons accounted for raw sugar. Moreover, 12,836 tons of palm oil, 6,603 tons of soy and 3,608 tons of corn oil were transported via Batumi port to Azerbaijan,”…Details
Kazakhstan negotiates with a number of Indian tractor makers including Mahindra & Mahindra company for the purchase of tractors and agri-input mechanization equipment to boost the agriculture, the country’s ambassador in India Iskander Baitassov reported. “We are holding dialogues with some Indian tractor makers. Negotiation with Mahindra & Mahindra is ahead than others. We are…Details