The decrease in construction permits issued in Estonia indicates that a significant slowdown is to be expected in the construction market, SEB analyst Mihkel Nestor said. Nestor noted that the current growth in construction volumes was no surprise, as the interest in purchasing and developing new housing was currently very high. “First, the situation on…Details
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The problem in the export of Azerbaijani wines to Russia has been solved, said Ministry of Economy. A delegation of the senior officials from the Ministry of Economy and the State Customs Committee of Azerbaijan was sent to Russia to promptly study the difficulties of some companies involved in the export of Azerbaijani wines to…Details
In October the overall state and government-guaranteed debt of Ukraine decreased by almost 0.5% MoM, the Finance Ministry’s press service reports. As of October 31 the overall state and government-guaranteed debt of Ukraine totaled $74.32 billion, down by $0.35 billion. According to the ministry, the state and government-guaranteed debt in hryvnia equivalent over the reporting…Details
Ukraine’s major chicken meat producer PJSC Myronivsky Hliboproduct (MHP) has signed an agreement to buy 90.68% of the issued share capital of a Slovenian poultry producer, Perutnina Ptuj (PP). “MHP SE, a leading international agro-industrial group, following the announcement of its intention to acquire Perutnina Ptuj D.D. on September 26, announces that MHP has signed…Details
Compared to September, level of producer prices in Latvian industry rose by 0.1% in October. Prices of products sold on the domestic market fell by 0.5%, while prices of exported products went up by 0.7%. Prices of products exported to Eurozone countries grew by 0.3% and prices of products exported to non-Eurozone by 0.9%, according…Details
Fitch Ratings, an international rating agency, has noted improvement in the macroeconomic conditions in Azerbaijan, the agency said in a message. The message reads that in January-September the economy of Azerbaijan grew by 0.8% YoY, while the growth rate of non-oil GDP was 1%. Inflation fell sharply from 12.9% at the end of 2017 to…Details
Acting Prime Minister Nikol Pashinyan met Armen Harutyunyan, the head of Beltekhnika, a Lithuanian company engaged in the production of agricultural equipment. At the meeting in Yerevan, the parties discussed issues related to Beltekhnika’s initiative to implement an investment project for the production of agricultural machinery such as tractors in Armenia. Reaffirming the Armenian government’s…Details