Enefit Energiatootmine AS (fully owned subsidiary of Eesti Energia Group) has reached a settlement with GE (including Alstom Estonia AS, GE Power Sp.z o.o and Alstom Power Systems) regarding the new Auvere power plant. The plant was due to be handed over to Eesti Energia by GE in November 2015 but acceptance has been delayed…
The company Nibulon plans to invest 1.5 billion UAH in construction of the terminal in Kherson region, the deputy at Kherson Regional State Administration Andrii Putilov declared. The new terminal will be completed in early 2017. The terminal is designed for grain and oil crops shipment on river and sea transport. The similar terminal in…
Ambassador Extraordinary and Plenipotentiary of Belarus to Indonesia Vladimir Lopato-Zagorsky met with Indonesian Transport Minister Budi Karya Sumadi, the press service of the Ministry of Foreign Affairs of Belarus reported. The meeting was also attended by representatives of ZAO Belzarubezhstroy. “Agreements were reached to explore the areas of interaction between ZAO Belzarubezhstroy and Indonesian counterparts…
Azerbaijan will launch the construction of several pharmaceutical plants soon, Shahin Mustafayev, Azerbaijani minister of economy, reported. Mustafayev added that at present, Azerbaijan was holding talks on the cooperation in field of pharmaceutics with a number of countries. “The talks on joint medication production are being held with Iran, Turkey and a number of European…
The Azerbaijani-Russian joint pharmaceutical plant will come to full production capacity in 2020, Azerbaijan’s Economy Minister Shahin Mustafayev said. He made the remarks during the plant’s groundbreaking ceremony in the Pirallahi Industrial Park. This is Azerbaijan’s first pharmaceutical plant, said the minister, adding that a 10% share in the joint venture would be owned by…
The Southern Gas Corridor (SGC) project is running in very professional manner, European Commission Vice President for Energy Union Maros Sefcovic reported. Sefcovic said that the competition was very tough, but he was confident that Caspian gas would reach Europe before 2020 via the Southern Gas Corridor. “An enormous investment was made. The project is…
Berdyansk Commercial Sea Port is ready to invest $10 million in construction of a grain terminal, and use the experience of the city Gdansk in Poland, the head of the port Nikolai Ilyin declared. The port is a public company, and it is ready to take investments. The port can provide an opportunity to invest…