The work is underway to improve the structure of the Council of the State Commission for Mineral Resources under the Cabinet of Ministers of Turkmenistan. Earlier, it was reported that the potential resources of Turkmen hydrocarbons are 71.2 billion tons of oil equivalent, some 53 billion tons of which are onshore, and 18.2 billion tons…Details
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According to information released by Statistics Estonia, the production of industrial enterprises increased by 5% YoY in August, with production increasing in mining and quarrying, but decreasing in the energy sector. In August, manufacturing production was 6% higher than the same month last year. Production growth was broad-based – last month, production surpassed August 2016…Details
The Ministry of Road Transport of Turkmenistan will purchase 250 KAMAZ-6520 trucks with a carrying capacity of 20 tons, the Turkmen government said. The relevant decree was signed by President Gurbanguly Berdimuhamedov. The truck market in Turkmenistan is a promising one for KAMAZ. Since 2006, the country has received more than 9,000 units of cars…Details
Latvenergo’s energy trading company in Estonia – Elektrum Eesti – has commenced selling natural gas to business clients, as confirmed by the company. Elektrum Eesti is the second largest electrical energy trader in Estonia. Now it will also start selling natural gas in addition to electricity, expanding the company’s services. The company will offer gas…Details
The Asian Development Bank (ADB) has kept the forecast for GDP growth in Turkmenistan at 6.5%, according to the “Asian Development Outlook 2017 Update: Sustaining Development Through Public-Private Partnership”. According to the bank’s forecast, the economy of Turkmenistan will grow by 6.5% in 2018. Meanwhile, the ADB lowered its forecast for inflation in Turkmenistan for…Details
PJSC Kyivkhlib, the largest Kyiv producer of bread and bakery goods, in 2017 began to supply its own products to the United States. “We export long-term storage products – gingerbread, straws, dry bread crumbs, cracker rings. Most of all we ship to Germany. We supply products to Central Asia, the Baltic States, Israel, and Canada.…Details
Prime Minister of Ukraine Volodymyr Groysman believes the goal for 2018 is to achieve economic growth in the amount of 5% of GDP. “We need a quality economic environment, we need investments that will allow us to grow rapidly in 2018. Our goal is more than 5% of GDP. This is what is achievable, something…Details