Ukraine: board chairman of insolvent Diamantbank claims banks has investor

The transition bank created on the basis of Diamantbank declared insolvent earlier would have enough attractive assets, and the bank had a potential investor, Diamantbank Board Chairman Oleh Khodachuk has said. “In four days after the introduction of interim administration the bank’s employees carried out titanic work resulted in submitting an application of a qualified…

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Latvia: construction of new grain terminal warehouse completed in Ventspils

As part of the terminal’s expansion project, construction of a new warehouse for Ventspils Grain Terminal has been successfully completed. Now it is possible to commence wall construction work, as reported by the company’s chairman Vladislavs Safranskis. The expansion project for the improvement of Ventspils Freeport includes not only increasing storage capacity thanks to the…

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Turkmenistan to support private sector

Support to the private sector of economy is among important priorities in Turkmenistan, President Gurbanguly Berdimuhamedov said in his message to participants of the International exhibition of household goods. “On this basis, we set before ourselves the goal to significantly increase the share of individual enterprises in the structure of GDP,” said Berdimuhamedov in his…

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Belarus: beer imports down

Belarus has reduced beer imports 5-fold in the past two years, Chairman of Belgospishcheprom Concern Alexander Zabello said. “I cannot say that the domestic brewing industry makes no headway. Yes, the sales are shrinking a bit, but we do not have a 10-15% slump as the neighboring countries are registering. Beer exports have reduced 5-fold…

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Tajikistan: president inaugurates reference lab and lays foundation stone of new building of Medical University

On April 28, president Emomali Rahmon and Dushanbe Mayor Rustam Emomali attended a ceremony of opening of the National Reference Laboratory, according to the Tajik president’s official website. The total cost of the laboratory is 23.8 million somoni, including 7.857 million somoni spent for construction of the building and 16 million somoni spent to provide…

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Ukraine shows economic upturn

On the outcomes of the activities of 2016 as well as of the first quarter of 2017 the country shows a positive trend of gradual economic upturn, and this should be the basis and the key to boost investment in the country and ensure implementation of successful projects in the real economic sector, Ukrainian Prime…

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Tajikistan: president gives start to construction of a number of new facilities in Dushanbe

Tajik President Emomali Rahmon has given start to construction of a number of new administrative and educational facilities in Dushanbe, according to the Tajik president’s official website. Rahmon attended a groundbreaking ceremony for construction of a new building for the Supreme Court of Tajikistan. An estimated budget for construction of a new 16-story building of…

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