Currency reserves of the Central Bank of Azerbaijan (CBA) increased by about $1,243.2 million (31%), to $5,254.2 million in November as compared to the same period of 2016, according to statistical data posted on the CBA website on December 6. During the month, CBA reserves rose by 53.5 million, while since early 2017 it has…Details
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Ukraine: Ukrenergo draws up feasibility study for construction of infrastructure for solar power plants in Chornobyl zone
The national energy company Ukrenergo has drawn up a feasibility study for construction of infrastructure to transmit electricity from solar power plants with a capacity of up to 1.2 gigawatts in the Chornobyl exclusion zone. Ukrenergo presented the document at a government meeting on December 1. “The project envisages construction of a new330/110 kV substation…Details
Sugar production in Ukraine as of December 5 amounted to 1.73 million tons, according to the Ukrtsukor National Association of Sugar Producers. “At present some 1.73 million tons of sugar has been produced and 12.11 million tons of sugar beets has been processed. According to the association, the sugar season will end by the new…Details
The Italian company Tirrena Scavi will invest about $33 million in the construction of a road, which is part of a new bypass around the Armenian capital city of Yerevan. According to a statement from the government, a contract with the firm is set to be signed by the end of the year, while construction…Details
Port of Tallinn has won the Green Port/Terminal of the Year Award by the DPC Innovation Awards 2017. The award spotlights a port or terminal that has demonstrated an active and innovative response to the preservation and promotion of wildlife, reduction in air emissions, water quality, treatment of soils/sediments, community engagement and sustainability. Port of…Details
There are plans to increase the trade between Belarus and Tajikistan at least 10-fold, Chairman of the Belarusian Chamber of Commerce and Industry Vladimir Ulakhovich declared. “For a start, we are capable of increasing it ten times,” said Vladimir Ulakhovich. In January-September the trade totaled $27.7 million, up by 2.29% YoY. The two states are…Details
!FEST Holding (Lviv), developing a network of creative restaurants and projects, will double the capacity for beer production to almost 1 million liters per year, head and co-owner of the company Andriy Khudo has said. “The capacity of our brewery Theater of Beer Pravda in the Market Square (Rynok Square) in Lviv is 500-600 liters…Details