Vilnius Airport is launching a four-year, 60-million-euro major renovation of its passenger terminal to improve passenger service and increase the terminal’s capacity. “The terminal was designed to serve around 3.5 million passengers annually. This figure has already increased to 3.8 million over the past few years. This is why the decision was made to launch…Details
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Average wholesale market price of electricity on the wholesale market of Ukraine in 2017 grew by 2.9% or by UAH 209.95 per MWh compared with 2016, from UAH 1,315.03 to UAH 1,353.27 per MWh. According to the state-owned enterprise Energomarket, the average wholesale market price grew due to a rise in the average selling price…Details
International Monetary Fund (IMF) Resident Representative in Ukraine Goesta Ljungman says the IMF estimates the growth of Ukraine’s economy in 2017 at 2% and forecasts an increase by 3-3.5% in 2018. Ljungman said that there was a definite resumption of economic growth. “Last year it was 2%. In 2018 it will increase by about 3-3.5%,”…Details
The 2019 state budget will not have free fiscal space, said chairman of Fiscal Discipline Council (FDC) Janis Platais. He mentioned that everything that was possible to promise had been promised. Because of that, the budget has no free funds. “If plans come up to increase funding somewhere, it will be necessary to reduce it…Details
Belarus and Armenia have a big potential to increase mutual trade, Belarus’ Prime Minister Andrei Kobyakov said at a one-on-one meeting with his Armenian counterpart Karen Karapetyan. According to Karen Karapetyan, last year the two countries increased trade by 20%. However, the two states can do much more. “There are more opportunities for trade growth.…Details
The distribution networks of Severelectro OJSC in Bishkek operate in regular mode, the press service of the company reported. Electricity supply, which since January 26 has been carried out with interruptions due to breakdown at the heating and power station, has been stabilized. “The requests received by the Eastern and Western RES of Severelectro were…Details
The sales of new cars in Ukraine in January increased by 40.6% YoY, to 6,620 units, which was a new post-crisis record for this month, according to AUTO-Consulting. According to analysts, such a rapid increase in sales was due to the exchange rate “fever”, which forced consumers to make faster decisions about the purchase of…Details