The State Statistics Service of Ukraine has lowered the estimate of real GDP growth in the third quarter to 4.1% in annual terms from 4.2% announced earlier. The estimate of growth compared with the previous quarter, taking into account the seasonal factor, has deteriorated to 0.6% from 0.7%, according to the report. The agency says…
DetailsThe areas allocated for cotton cultivation will amount to 105,000 hectares in 2020, Azerbaijan’s Agriculture Minister Inam Karimov said. According to the new subsidization mechanism, that will come into force in 2020, some 220 manats ($129) will be issued to farmers for every hectare of sown cotton, and 100 manats ($58) for each ton of…
DetailsExports of Georgian tangerines amounted to 21,333 tons from the middle of October to December 19, up by 6.2% YoY, announced the Ministry of Agriculture. New export destination countries are Lithuania (120.9 tons), Slovenia (158.2 tons), Qatar (0.4 tons) and Singapore (0.1 tons). The leading export destination countries are Russia – 13,075.3 tons, Ukraine –…
DetailsCompared to October, the level of producer prices in Latvian industry dropped by 0.1% in November. The level of prices of products sold on the domestic market dropped by 0.5%, however prices of exported products increased by 0.3%. The level of prices both of products exported to euro area countries and of products exported to…
DetailsOn December 20 the National Bank of Ukraine (NBU) put into circulation new UAH 50 banknotes, as well as UAH 5 coins that would gradually replace the relevant paper banknotes, the press service of the central bank wrote on its official Facebook page. “First of all, the National Bank intends to put into circulation 5…
DetailsState Food Safety and Consumer Protection Service said Ukraine in January-September boosted snail exports to the European Union member states to 248 tons, or 2.5-fold from the figure reported for the whole of 2018. “Exports of Ukrainian snails to the EU member states have been on the rise over the recent period. Some 248 tons…
DetailsThe VTB Bank Azerbaijan management’s forecast assumes the profit worth 6 million manats ($3 million) at the end of 2019, Chairman of the Management Board of VTB Bank Azerbaijan Yevgeniy Kirin declared speaking about the bank’s plans for profit for 2019. Kirin made the remarks at the press conference in Baku on December 19. “At…
DetailsDesign work for Rail Baltic’s Ulemiste Terminal is slated to begin next month, and the entire terminal must be fully ready for use by 2026, by which time the international railroad’s remaining infrastructure will have been complete. Rail Baltic Estonia OU Chief Technical Officer (CTO) Anvar Salomets said that Zaha Hadid Architects and OU Esplan,…
DetailsThe first wind power plant in Aktobe region has been commissioned in the Kargaly region. The project was implemented by the Italian investor “Eni” together with “General Electric” and the support of NC “Kazakh Invest”. The launching ceremony was attended by the regional akim Ondasyn Urazalin, Ambassador Extraordinary and Plenipotentiary of Italy to the Republic…
DetailsSince the beginning of 2019 the budget of Zaporizhzhia city has received over UAH 2 million in revenues from tourist tax, the Tourist Information Center of the city has reported. “Over the eleven months of 2019 we have UAH 2.330 million in revenues from tourist tax,” reads the report. The tourist center noted that this…
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