The city of Tartu, Estonia’s second largest, is set to place bonds worth EUR 13.5 million with LHV and Nordic Investment Bank (NIB) to raise money for its 2017 financing needs. LHV pension funds are buying bonds for EUR 5.5 million and NIB for EUR 8 million, Tartu city government announced. The funds raised will…Details
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Hiiumaa’s ferry connection to the Estonian mainland was interrupted on October 30 after the ferry Leiger breaking down in port not only prevented it from departing for the island, but prevented the Tiiu from docking in Rohukula as well. The Tiiu departed Heltermaa, the port serving Estonia’s second-largest island, on schedule, but was unable to…Details
The sub-surface metro circle line being built in Uzbekistan’s Tashkent will have a total length of 52.1 kilometers, the press service of the country’s President Shavkat Mirziyoyev said in a message. Mirziyoyev reviewed the progress of the metro line’s construction, being at the initial stage, according to the message. It was decided to lay 50.5…Details
A new China-Europe freight train route was launched on October 29 in Urumqi, capital of northwest China’s Xinjiang Uygur Autonomous Region. The first train, carrying oil drilling equipment is bound for Poltava via Kazakhstan and Russia. This is the first cargo train linking Xinjiang with Ukraine. The new route will cut the transportation time from…Details
The National Bank of Ukraine (NBU) at the foreign exchange auction on October 27 sold $86.1 million to Ukrainian banks, according to the press service of the central bank. The minimum exchange rate of hryvnia during the auction was UAH 26.86 per U.S. dollar, the maximum – UAH 26.87 per U.S. dollar. Earlier, the NBU…Details
President of Turkmenistan Gurbanguly Berdimuhamedov met with Ukrainian businessmen, Chairman of the Board at Interbudmontazh Construction Association Vladimir Petruk and Director General of Altcom Financial Industrial Group Alexander Tislenko, the Turkmen government said in a message. President Berdimuhamedov noted that Turkmenistan aimed at mutually beneficial cooperation with foreign partners, including with the business circles of…Details
President of Turkmenistan Gurbanguly Berdimuhamedov met with the Chairman of the Union of Oil and Gas Producers of Russia Yuri Shafranik. During the meeting, it was noted that Russia intended to expand its presence in the promising Turkmen market by actively participating in new joint projects. “In particular, this concerns the exploration, production and processing…Details