The International Monetary Fund (IMF) forecasts GDP growth in Azerbaijan at the level of 2.7% in 2019, and in the following years – from 2.1% to 2.5%. The economy of Azerbaijan is gradually recovering from the experienced shocks, said Natalia Tamirisa, head of the IMF mission in Azerbaijan, at a press conference in Baku on…Details
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The highest proportion of tax debtors in Latvia is found in furniture manufacture and public catering sectors, according to a study performed by Lursoft. The study reveals that the total size of tax debts of companies reaches EUR 611.75 million and more than 39,000 are found among tax debtors in the country. This means one-fifth…Details
Almaty plans to launch the light rail transit (LRT) system in 2023. “The first stage of the contest has been completed. The second stage will be announced soon. It is planned to put LRT into service in 2023 along the Tole Bi street,” deputy head of Almaty city mobility department Kanat Baigonyrov told the conference…Details
In January-May the volume of construction works in Ukraine increased by 26.3% YoY, according to the data provided by the State Statistics Service. In particular, the construction of engineering facilities in January-May rose by 40.6%, and construction of buildings – by 14.8%, as compared with the relevant period last year. Also, the construction volume of…Details
Bogdan Motors Corporation began shipping trolleybuses as part of a contract with Kyivpastrans Municipal Enterprise, the company’s press service has reported. “Kyiv has already received two of 55 19-meter Bogdan T90110 trolleybuses,” the report says. The corporation intends to fulfill the contract before the end of this year. At present, over 200 Bogdan trolleybuses are…Details
Electricity consumption grows annually by 10-15%, the Head of the National Energy Holding Aitmamat Nazarov announced at a meeting of the Parliament. According to him, it is necessary to attract investments to the industry, to build new stations, otherwise the country will face an electricity shortage. “In recent years, four new private mini hydropower plants…Details
Lux Express has bought 20 new Scania buses, investing some EUR 7 million in their new rolling stock, and is planning to increase trip numbers on the Estonian domestic as well as the international market. In Estonia, the company intends to focus on Tartu in the second half of the year. Passenger numbers to and…Details