Ukraine has not quit plans to borrow $2 billion on foreign markets in 2018 for the first half of the year, acting Finance Minister of Ukraine Oksana Markarova has said. “Almost $2 billion should have been borrowed at the beginning of the year. And we are still planning to attract the funds,” she said. Markarova…
DetailsAzerbaijan may export pomegranates to four EU countries – Germany, France, Latvia and Poland. This was stated by secretary of the Association of Manufacturers and Exporters of Pomegranate Shahin Hasanli. Negotiations are underway in this direction, the conclusion of contracts is expected, he stressed. The representative of the association noted that this year the growth…
DetailsAbout 200 yellow minibuses and 100 buses have failed inspections and are banned from use on roads, announces Transport Department of Tbilisi City Hall. At present there are 105 lines for buses and 190 minibus lines in Tbilisi for 1,800 minibuses and 540 buses. The Transport Department announced that the number of minibuses might be…
DetailsAll takeoffs and departures from the airports of Kyrgyzstan are considered dangerous, Gulzada Ibraimova, the head of the Transport Safety Control Department of the State Environmental and Technical Safety Inspectorate, said at a round table discussion. According to her, not a single airport in Kyrgyzstan meets the standards of the Land Code of the Kyrgyz…
DetailsAbout $60 billion is required to implement Ukraine’s transport strategy until 2030, Ukrainian Infrastructure Minister Volodymyr Omelyan has said. “It will cost about $60 billion until 2030. It is already clear that more than half of this amount will come from the state budget, at the expense of the Road Fund, Ukrzaliznytsia, the Sea Ports…
DetailsIn Q3 the agri-industrial holding Myronivsky Hliboproduct (MHP) increased poultry exports by 52% YoY, to 80.36 thousand tons. Over the nine-month period chicken exports grew by 22% and reached 213.93 thousand tons, mainly due to export growth in Q1 and Q3 2018. Total poultry exports within nine months constituted around 48% vs 42% in 2017.…
DetailsListed Estonian shipper AS Tallink Grupp has signed an agreement with Rauma Marine Constructions (RMC) for the construction of a new shuttle ferry. Tallink and RMC signed an agreement of intent according to which Tallink intended to order a new passenger ferry for its Tallinn-Helsinki route. The new vessel, which is to be built at…
DetailsThe aviation authorities of Kazakhstan and Finland have agreed to expand air communication, the press service of the Aviation Committee of the Ministry for Investment and Development of the Republic of Kazakhstan reported. During the President Nursultan Nazarbayev’s visit to Finland, Astana and Helsinki signed the bilateral document, a memorandum on air communication as part…
DetailsLast week the Freeport of Riga Authority together with SIA Riga Container Terminal represented the Freeport of Riga in one of the largest Asian transport and logistics exhibitions “The 13th China (Shenzhen) International Logistics and Transportation Fair” in the Chinese port city of Shenzhen, as well as participated in several major industry events. During the…
DetailsDTEK Renewables and GE Renewable Energy entered into an agreement on the construction of the second phase of the Prymorska Wind Electricity Plant (WEP) with a capacity of 100 MW. The plant will be equipped with 26 wind turbines of the GE 3.8 MW class, which will be delivered to Ukraine and installed at the…
DetailsExport of pork from Ukraine in January-September decreased to 1.49 thousand tons, down by 65.8% YoY. According to the data of the State Fiscal Service of Ukraine, the major importers of pork are Hong Kong ($1796 thousand), Georgia ($634 thousand) and Vietnam ($528 thousand). Deliveries to these countries amounted to $0.83 thousand tons, 0.29 thousand…
DetailsThe Estonian Seamen’s Independent Union (EMSA) is accusing a member of the management of ferry operator TS Laevad of unethical behavior and alleging that company employees have been offered various benefits in order to free it from signing a collective agreement through the trade union. TS Laevad, the subsidiary of Port of Tallinn (AS Tallinna…
DetailsAs a result of January-August the state debt of Kyrgyzstan reached $697.6 per capita. Over a month, the debt burden decreased by $8.1. According to the Ministry of Finance, as of August 31, the total volume of the state debt amounted to $4,395.02 billion (303,361.23 billion soms), including $3,797.38 billion (262,110.05 billion soms) – external,…
DetailsAzerbaijan’s state budget revenues amounted to 16,089.7 million manats in January-September, up by 33.6% or by 4,044.6 million manats YoY, Azerbaijan’s Finance Ministry said in a message. The state budget revenues in the reporting period were fulfilled by 1.3% more than the forecast. The state budget revenues from the Azerbaijani Ministry of Taxes amounted to…
DetailsUkrainian sugar producers exported 11.1 thousand tons of sugar in September, the press service of the Ukrtsukor National Association of Sugar Producers of Ukraine reports. “In the first month of the current marketing year, Ukrainian sugar producers exported 11.1 thousand tons of sugar, which is half the amount exported over the previous month,” reads the…
DetailsRevenues from single social contribution totaling UAH 163.9 billion were transferred to the Ukrainian budget in January-September, the State Fiscal Service’s press service posted on its Facebook page. “In January-September the State Fiscal Service of Ukraine transferred revenues from single social contribution for compulsory state social insurance in the amount of UAH 163.9 billion,” reads…
DetailsMinister of National Economy of the Republic of Kazakhstan Timur Suleimenov noted an increase in exports. “Exports have grown by 28.2% ($39.1 billion). This is due to the increase in deliveries of oil by 45.4%, agricultural products by 30.1%, oil gases by 30.2%, aluminum by 24%, and copper ores by 12.5%,” the minister said at…
DetailsThe average monthly pension in Azerbaijan as of October 1 increased by 8.4% YoY, reaching 221.1 manats, the Ministry of Labor and Social Protection of Population of Azerbaijan said in a message. The average monthly old-age pension increased by 9%, to 249.1 manats over the same period. Funds allocated for pensions were 7.6% or 186.9…
DetailsUzbekistan and Qatar intend to expand trade and economic cooperation and achieve sustainable growth in mutual trade, the Foreign Trade Ministry of Uzbekistan stated. According to the information, Deputy Foreign Trade Minister Sahib Saifnazarov held talks with representatives of Qatar’s business community headed by Chairman of the Barwa Group of Companies Sheikh Mohammed Hamad Al-Thani.…
DetailsUkrainian honey exports have dropped by 40% this year. “In the first nine months of 2018 honey exports decreased by 40% compared with the corresponding period last year and totaled 27,800 tons or $57.4 million,” national consultant at the Food and Agriculture Organization of the United Nations (FAO), market analyst Ann Burka posted on Facebook.…
DetailsThe board of Tallinn’s public transportation company Tallinna Linnatranspordi AS (TLT) approved the company’s 2019 investment plan, according to which it would purchase 100 new natural gas buses for EUR 25 million next year. According to the investment strategy, all of the company’s old diesel buses are to be replaced by city buses that run…
DetailsThe Lithuanian parliament voted to legalize medicines containing cannabis. The respective amendments were passed with 90 votes in favor, none against and three abstentions and would come into force next May. The amendments to the Law on Pharmacy and the Law on the Control of Narcotic and Psychotropic Substances will allow the medicinal use of…
DetailsKyrgyzstan lifted restrictions on the import of poultry and poultry products from Kazakhstan, the State Inspectorate for Veterinary and Phytosanitary Safety of the Kyrgyz Republic reported. The ban was lifted on the basis of confirmation by Kazakhstan of the results of laboratory tests of the National Reference Center for Veterinary Medicine on the stabilization of…
DetailsThe International Bank of Azerbaijan (IBA) has earned 319 million manats worth of profits in the first 9 months of 2018. These indicators reflect such positive trends in the bank’s activities, as successful completion of the recovery process and the transition to a new stage of development. As of September 30, the assets of IBA…
DetailsTashkent Transport Service JSC will return the 2008 Mercedes-Benz Low Floor buses to operation after a detailed inspection. There have been cases when these buses caught fire, and it has been decided to stop their operation. On October 10 and October 12 the Mercedes-Benz Low Floor buses, running on the routes Nos. 87 and 95,…
DetailsThe State Nuclear Regulatory Inspectorate of Ukraine (SNRIU) has decided to extend the operating license of unit No. 4 of National Nuclear Energy Generating Company Energoatom’s Zaporizhia nuclear power plant (NPP) for another decade after its installed life is over. The relevant decision was made by the SNRIU Board on October 11. The SNRIU in…
DetailsRussian fertilizer producer EuroChem has opened a $16-million efficient water-soluble fertilizers plant in Lithuania, the company said in a statement. The plant will produce 25,000 tons of water-soluble crystalline urea phosphate per year, and the capacity will be reached until the end of 2018. “This new facility will further strengthen Lifosa’s position on the global…
DetailsThe Estonian Center for Defense Investment (ECDI) announced a EUR 40-million procurement for the purchase of long-range antitank weapons systems. In the framework of the procurement, at least 18 weapons systems are to be bought with ammunition. The supplier must also provide auxiliary equipment, technical support and training, spokespeople for the ECDI said. “The antitank…
DetailsA Chinese investor intends to start production of juice extract of licorice, grown in Karakalpakstan Autonomous Republic. The Autonomous Republic of Karakalpakstan is the region where the most licorice plants are grown. About 70% of the products from this plant are exported, especially to China, and the demand for it on the world market is…
DetailsIn January-September 12 billion 484 million eggs were produced in Ukraine, showing a 3.1% growth compared with the same period of 2017. The relevant report was published by the press service of the State Statistics Service of Ukraine. In January-September the production of eggs increased by 5.3% at the agricultural enterprises and by 0.9% at…
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