Ukraine’s manufacturer of mineral fertilizers Cherkasy-based PJSC Azot, a part of the Ostchem holding owned by businessman Dmytro Firtash, has resumed the production of ammonia and carbamide after overhauls, according to Ostchem’s press service. “After major repairs, the company has resumed production of ammonia (workshop A-5) and carbamide (workshop M-2),” it wrote on Facebook. In…Details
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Estonia had a tax-to-GDP ratio of 34.7% in 2016, slightly higher than the average ratio for member states of the Organization for Economic Cooperation and Development (OECD), figures available from the organization show. Estonia’s VAT burden was 14.9%, income tax burden 7.8%, social tax burden 11.6% and property tax burden 0.3%. On aggregate, the average…Details
Current taxes will not be raised and no new taxes will be introduced in Belarus till 2020. The provisions are stipulated by Ordinance No. 7 “On entrepreneurship development”, which the head of state signed on November 23. The ordinance prohibits raising tax rates and introducing new taxes, fees, and duties till 2020. Commercial entities, which…Details
The aviation authorities of Kazakhstan and Uzbekistan have agreed on increasing flights between the two countries, the press service of the Civil Aviation Committee of the Investments and Development Ministry of Kazakhstan reported. Following the negotiations between the Civil Aviation Committee and the aviation administration of Uzbekistan, as well as airlines of the two countries,…Details
Ukrenergo in January-September saw net profit fall by 11.3% (by UAH 196.131 million) compared to the same period last year, to UAH 1.545 billion. According to the financial report of the company, posted on the website of the Ministry of Energy and Coal Industry, its net income for the nine months increased by 27.7%, to…Details
Ukraine has a huge potential to attract alternative energy sources but still does not use it, Vice Prime Minister – Minister for Regional Development, Construction, Housing and Utilities Hennadiy Zubko stated at the ninth international business forum Renewable Energy and Energy Efficiency Industry Modernization in Kyiv on November 23. “Solar energy, wind power, energy production…Details
Construction has begun on a four-lane section of Tallinn-Tartu Highway between Kose and Ardu that will shorten the overall length of the highway by 5.3 kilometers. The four-lane section between Kose and Mao will be constructed in two stages. Construction on the 25-kilometer section between Kose and Voobu is already underway, while work on the…Details