In January-May the foreign trade balance of Ukraine in goods and services reduced to a deficit of $1.647 billion, a decrease of 9.2% compared with the deficit figures for the same period last year ($1.813 billion), the National Bank of Ukraine (NBU) informed. It is noted that in the reporting period the deficit of foreign…Details
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With increased investments, Latvian farmers have managed to increase efficiency in the industry, a bank survey showed. According to the results of a survey performed by Swedbank, in 2017 farmers plan to invest money in grain dryers and towers, in updating machinery and buying agricultural land. “It is positive that farmers recognize that new technological…Details
JSC “Ukrzaliznytsia” offered customers a new mechanism to reduce the rolling stock shortage, in particular grain hoppers. “Ukrzaliznytsia suggests shippers to consider a possibility of increasing the number of rail cars by purchasing and subsequently providing them to Ukrainian Railways in financial leasing”, said the head of the board Wojciech Balczun. According to him “Ukrzaliznytsia…Details
The Bellegrom Concern companies have signed some contracts worth a total of $112 million with their Russian partners during the fourth Forum of Regions of Belarus and Russia, according to Bellegprom’s official website. The forum comprised a fair that featured the products of 15 Bellegprom companies, namely Baranovichi Cotton Production Amalgamation, Lenta, Rechitsa Textile, Nadex,…Details
Tashkent does not oppose the construction of the Roghun hydroelectric power plant (HPP), but national interests of Uzbekistan should be taken into consideration, Uzbek Foreign Minister Abdulaziz Kamilov noted during the direct dialogue while answering a question from resident of the Trans-Aral region during a live line in the International Press Club broadcast by O’zbekiston…Details
Energy consumption in Kyrgyzstan increased, the National Electric Network of the Kyrgyz Republic reported. According to the operational data of the Central Dispatching Service NENK, electricity consumption in June was 763.14 million kilowatt-hours. The daily maximum power consumption reached 1,465 MW. The peak of daily maximum consumption was fixed on June 21 – 26.79 million…Details
Azerbaijani President Ilham Aliyev has signed an order to provide funding for the construction of Tartar-Seydimli-Garadaghli-Sarov road. Under the presidential order, 7 million manats is allocated from the state budget for the construction of the road connecting 20 residential settlements with a total population of 24,000 people. (Trend/Business World Magazine)Details