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…
DetailsAlmaty 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…
DetailsIn 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…
DetailsBogdan 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…
DetailsElectricity 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…
DetailsLux 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…
DetailsIn January-May the volume of building materials production in Azerbaijan amounted to 325.5 million manats, up by 5% YoY, the State Statistics Committee reported. According to the report, the biggest growth, 1.8-fold, was recorded in the production of asphalt, followed by a 65.4% increase in the production of processed marble, travertine, alabaster and products made…
DetailsThe harvesting campaign for early grain crops has started in eight regions of Ukraine, the press service of the Agrarian Policy and Food Ministry of Ukraine has reported. “As of June 25, farmers in Mykolaiv, Odesa, Kherson, Dnipropetrovsk, Donetsk, Zaporizhzhia, Kirovohrad and Poltava regions have started harvesting early grain crops. In total, 1.6 million tons…
DetailsThe volume of Ukraine’s industrial production grew by 1.6% in May compared with the relevant month last year, the Economic Development and Trade Ministry wrote on Facebook. “The Ukrainian industry continues to grow steadily! Thus, in May the volume of industrial production increased by 1.6% compared to the relevant period last year. The following industrial…
DetailsThe State Inspectorate for Veterinary and Phytosanitary Safety of Kyrgyzstan asks to tighten control over the import of watermelons and melons from Uzbekistan and Tajikistan, official letter of the head of the inspectorate Kalys Zhumakanov to the Ministry of Agriculture says. Check in the markets found out that the content of nitrates in imported watermelons…
DetailsAzerbaijan can use Montenegro’s experience in alternative energy sector; the development of this area is attractive for the country, Azerbaijani Minister of Labor and Social Protection of the Population Sahil Babayev said at the Azerbaijan-Montenegro business forum held in Baku. The minister noted that currently there was a noticeable activity in this sector between the…
DetailsThere is hardly any reason that would put the quality of Georgian wine production under the question mark, the National Wine Agency of Georgia responded to Russia’s recent warning on “strengthening control” over alcoholic drinks imported from Georgia. Coming in the wake of political tensions in Georgia following an appearance of Russian Sate Duma MP…
DetailsUkraine’s State Food Safety and Consumer Protection Service says Ukraine and the Kingdom of Saudi Arabia (KSA) have approved a veterinary certificate for shipments of milk and dairy products from Ukraine. “The respective authorities of Ukraine and the Kingdom of Saudi Arabia have approved an international veterinary certificate for exports of milk and dairy products…
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DetailsNatural gas reserves at the Ukrainian underground storage facilities (USFs) after the completion of the heating season (April 5) increased by 48.5%, to 13.002 billion cubic meters. That’s according to the data provided by Ukrtransgaz, the state-owned operator of the gas transmission system of Ukraine. As of June 22, gas reserves at USFs are 21%…
DetailsThe Georgian wine company Shilda was awarded the EU Sustainable Energy Award for the Eastern Partnership countries at an award ceremony in Brussels. Founded in 2014, the Shilda winery is located in Kakheti, the main area of wine growing in Georgia. Taking part in the Caucasus Energy Efficiency Program (Energycredit Georgia), supported by the European…
DetailsLithuania’s government in principle backed plans to make intermediaries declare cars’ sale-purchase agreements as early as next year and to also introduce centralized systems of car owners and marketplaces. The government-approved document sets the goal to reduce shadow economy in the construction sector as well as in the areas of sale of cars and their…
DetailsIn April the total value of deposits in Azerbaijan amounted to 22.13 billion manats, up by 9.6% YoY, the Central Bank of Azerbaijan (CBA) reported. In particular, the value of deposits of non-financial organizations increased by 11.7% (10.561 billion manats), reaching 11.8 billion manats. The total value of deposits of legal entities in April reached…
DetailsThe annual exchange rate of the national currency is expected to have reached UAH 27.4 per U.S. dollar by the end of 2019, UAH 28.2 per U.S. dollar in 2020, and UAH 29.4 per U.S. dollar in 2021, according to the latest Finance Ministry’s macroeconomic report. The hryvnia exchange rate against the U.S. dollar (on…
DetailsThe small-scale privatization has already brought over UAH 1.06 billion to the state budget of Ukraine, First Vice Prime Minister – Minister of Economic Development and Trade of Ukraine Stepan Kubiv has said. “In 10 months, small privatization brought the state more than UAH 1.06 billion,” Kubiv said during an hour of questions to the…
DetailsAir Astana, the flag carrier of Kazakhstan, has been recognized for 4 Star service excellence, retaining the accolade of “Best Airline in Central Asia and India” in the Skytrax World Airline Awards for the eighth consecutive year. The prestigious awards ceremony took place at the 53rd edition of the Paris Air Show at Le Bourget…
DetailsRepresentatives of Uzbekistan Airways expect a statement from the new president of Ukraine about resumption of flights to Kyiv and Simferopol, annexed by Russia. The director of the commercial department Shukhrat Hudaykulov stated that flights to Kyiv could be intensified through charter flights. Uzbekistan Airways has an agreement for charter flights to Kyiv with one…
DetailsIn January-May industrial enterprises and private entrepreneurs operating in this sphere produced goods worth 19.6 billion manats, up by 2.2% YoY, the Azerbaijani State Statistics Committee reported. The production of non-oil goods increased by 15%. Some 69.9% of industrial goods were produced in the extractive sector, 25.1% accounted for the processing sector, 4.3% – for…
DetailsThe implementation of public-private partnership projects will attract systemic investments in transport, port and Internet infrastructure of Ukraine, First Vice Prime Minister – Minister of Economic Development and Trade of Ukraine Stepan Kubiv said while delivering a speech at the Verkhovna Rada of Ukraine on June 21. “We have also signed a memorandum with the…
DetailsCoal stocks at the warehouses of thermal power plants across Ukraine from June 12 to June 19 decreased by 6.8%, to 1.594 million tons, the press service of the Ministry of Energy and Coal Industry reports. In particular, reserves of anthracite coal over the specified period were reduced by 0.7%, to 387,000 tons, while reserves…
DetailsThe council of the Latvian state energy giant AS Latvenergo has been removed by Economy Minister over lack of productivity. Yet its members have stated they are satisfied with the achievements of their work. Latvian Economy Minister Ralfs Nemiro (KPV LV) removed the council of the state capital company on June 19. Nemiro thanked council…
DetailsIn April the state debt of Kyrgyzstan amounted to $694.49 per capita. Over the month, the debt burden has decreased by $1.16. According to the Ministry of Finance, as of April 30 the total amount of the state debt (external + internal) of Kyrgyzstan was $4,444.74 billion (310,464.82 billion soms), including $3,785.96 billion (264,449.03 billion…
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